Sometimes life is full of difficult choices. One such choice in the daily grind of commercial insurance brokers relates to their ‘go to market’ strategy and how they find the best solutions in the market for their clients.
In speaking with hundreds of brokers over the last couple of months, we get the sense that this is a grudgingly accepted reality for the majority of brokers. Insurers and MGAs are continually bringing out their flavour of portal, and yet the generally accepted wisdom is that the last thing a broker needs is another commercial insurer portal.
So, why this disconnect? Are there positive aspects to insurer portals that brokers need to consider? Is there a significant group of brokers that have ‘seen the light’ and transformed to a commercial insurer portal model? Or, is it simply the case that the alternative to portals is even worse?
We thought we’d dig in and explore these options in more depth:
Involves logging into your favorite portal, entering your client’s details and hoping that you get a quote.
Involves completing a detailed application, identifying underwriters, sending out your application by e-mail and then waiting for a response.
It may not surprise you to learn that this is the primary reason we built Quotey. We fundamentally believe that brokers deserve better choices, and need precision built tools to deal with the complexities of the current insurance market.
Brokers no longer have to make tough decisions like this. Instead Quotey will enable you to:
A better option is coming! Book a demo at your convenience.
We’d love to get your thoughts in the comments section below, or take our 30 second survey to vote for your best approach to market.
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