The B2B general insurance provider has launched a “Price Beater” facility which allows brokers to reduce premiums by lowering commission, ensuring they never have to lose a customer as a result of premium costs.
Simon Taylor, chief executive at Uinsure, says: “All of the indicated enhancements have been made following broker feedback. We are certain we will now be seen as the broker`s choice when their customers have general insurance needs.”
Research by Uinsure found over two thirds of brokers would consider reducing their commission to secure business with a client if they obtained a home insurance quote that was slightly too expensive.
Improvements to the quotation system means home insurance and buy-to-let insurance quotes can be produced from a panel of the UK’s leading insurers within 20 seconds.
UK General has become the latest big name to be added to Uinsure’s panel, which also includes Ageas, Axa, Lloyds TSB and Royal Sun Alliance.
Uinsure’s proposition now offers;
• “Price Beater” Facility
• UK General Insurance – new Panel Insurer
• Uinsure `Lite` product provided by Novae
• Integrated Buy To Let process
• Refer&Earn facility
• High Net Worth, Non Standard and Commercial options
The Uinsure Lite product is a simple, stripped down product at a low price. The simplicity and cost of the product allows brokers to compete with direct offerings and comparison sites by offering consumers a quick and easy alternative.
Simon Taylor added: “Our new proposition is without doubt the best in the market place as nobody offers a Price Beater facility across a panel of insurers with common policy wording.
“The Price Beater facility now ensures brokers are firmly in control of both the premiums that their clients pay and their own commission. Our latest move makes Uinsure the most competitive we have been in our six year history.”