Berkeley Alexander launches GI sourcing system

General insurance provider Berkeley Alexander has launched a sourcing system for intermediaries which can halve the quote time.

Berkeley Alexander launches GI sourcing system

General insurance provider Berkeley Alexander has launched a sourcing system for intermediaries which can halve the quote time.

This makes it easier to compare product features, and help advisers with the latest FCA compliance.

Geoff Hall, managing director, Berkeley Alexander, said: “We’ve made a significant investment in our new online GI sourcing system.

“The result is a quicker and easier sales, advice, and compliance process that will really help advisers to help clients and maximise income from GI.”

New time-saving features include a simplified approach to the collection of client information and the ability to amend the quotation on the quotation page without having to re-quote.

This could involve the addition or removal ofoptions such as accidental damage cover or movement in voluntary excesses.

There’s an improved quote pack, including the ‘Reasons Why’ letter, client demands and needs, and the relevant insurer documents. These can now all be generated as an email to send directly to the client.

Choice of customer payment options are now including BACS via online banking as well as debitandcredit card payments or monthly direct debit.

Berkeley Alexander will shortly be launching an additional suite of new add-on insurance products, and a commission slider to give advisers more control over premium pricing.

Hall added: “Securing incremental business, retaining existing clients, offering the broadest possible product choice, remaining compliant, and maximising income from GI are at the very heart of our adviser offering.

“We expect our new sourcing system to take care of all of these, and are keen to hear the response from the market.”