EXCLUSIVE: Shake up in GI as Cavere raises the stakes

Ryan Bembridge

January 25, 2019

GI expert Cavere Group has launched Cavere Intermediary (CI), a competitor to the likes of Uinsure, Source Insurance and Berkley Alexander.

The new master broker hopes to shake up the market with its technological background and access to A-rated insurance brands.

Cavere Intermediary works on a sole provision basis, where it supplies different brokers with one provider for home insurance and contents. The insurance providers are said to give better rates as a result.

Paul Thompson (pictured), chief executive and founder of Cavere, said: “We have built this business to address what we see as a glaring gap in the market for an independent technology driven GI provider offering the execution capability to deliver one system and one administration process for a wide range of products.”

And he added: “The focus of Cavere is to work in partnership with brokers and intermediaries to ensure they get right first-time solutions for each customer and their individual needs and risks.

“We offer fast, smooth transactions, streamlined quotations and simplified slick policy administration.

“Not only that we provide online product knowledge training to give brokers and intermediaries the edge in a competitive market – responsive engagement, faster decision making and improved customer experiences.”

For now its product range includes home insurance, landlords and tenants insurance, personal accident, travel and non-standard insurance cover.

Magenta, Cavere’s proprietary system, works at the back end, to help with administration for both brokers and clients.

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