Quote and Buy

What are the rates and commissions?

The rates are not predetermined by Quote and Buy but based on what you, the broker, has negotiated with the insurer/s. Therefore your rates and commission are likely to be at least as good as your existing arrangements.

Do you offer competitive/comparative quotes?

Yes. On some product lines Quote and Buy has multiple insurers who offer products that are similar enough to be able to comparatively quote. However, not all brokers are able to take advantage of this service owing to the nature of their agency agreements. Quote and Buy also provides single company quotes for all products.

I don't have a website yet, can I still use Quote and Buy?

Yes. For a small additional cost Quote and Buy can design and host the additional pages required to cover your online requirements. Or we can put you in touch with a trusted graphic design firm.
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These generic quote forms stand out a mile, will it look like it is my form?

Yes, the form will appear to be part of your website. The quality of the technology powering some generic quote systems is very poor. With Point Solutions' flexible skin technology the forms will visually look like your website. Similarly, with the acuo form engine it is possible to tailor the form and business process to your exact needs.
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Can I use it for quotes from the office?

Yes.

What happens when there is a case to be referred?

Quote and Buy will inform the broker and the insurer of this fairly common eventuality. The broker can then work with the potential customer and the insurer's underwriters to come up with an offer of a quote for that customer. The customer can them complete the purchase in the normal way.

Does the system deal with MTA & Renewals?

Not yet. But watch this space.

Are the policy documents still branded as mine?

Yes they can be, exactly how depends on the particular broker/insurer relationship.
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My firm is part of the group with multiple websites, can you support that?

Yes. You can either share a common service or have degrees of specialisation ranging from individual page layouts/colours to different commission rates. Obviously, the more degrees of customisation that are involved the more the initial setup costs will be.
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Can I test out the service before I let my customers use it?

Yes, we provide a full 'pre-live' service that mimics the live service. Using this you can test out the process before any customer sees the system.
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I sell a product that is complicated to quote for, how are the quotes produced?

The solution contains a commercial grade calculation engine. The calculation engine is in use by some of the largest insurers in Europe & North America and it is designed to do 'mad maths in milliseconds', which is ideal for this scenario.
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I don't have an agency agreement with some of your listed insurers, is that a problem?

Not usually. Under some circumstances insurers may decline to create a relationship with a certain broker. But because of the way Quote and Buy works a number of the barriers to creating a favourable business relationship are removed.
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I do most of my business with one insurer that is not on your list, can I get their products on the service?

Yes, just put us in touch with the right person. You never know we may be already in the process of setting them up!
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I have a scheme of my own, can I sell that through Quote and Buy?

Yes, and given the pricing policy you might even be able persuade the underwriting insurer to pay for its development.
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