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Ask your average commercial loan broker how things are, he, or she, will smile and say: “Pretty awful”. And that is the polite ones.
As of today they are being offered an opportunity to sign up to a scheme that means they:
Sounds too good to be true? It is not.
Business Money Insurance Services Limited has been launched by Bob Lefroy, founder and editor of Business Money, working with Jason Oakley, former head of business banking at The Royal Bank of Scotland and managing director of Hanco, the bank’s cash dispenser company. Jason has identified an opportunity to offer business insurance from high quality companies but at the cut price available through placing huge quantities of business with them. Economies of scale and big cost savings are available through automating the entire application process via an internet link though high quality support is available at the end of a telephone line if required. At a time when generating revenues is difficult, control of costs becomes vital and Jason is confident that Business Money Insurance Services can quote a significantly lower premium, for all types of business insurance. The role of the broker accepted into the scheme will be only to introduce their client to Business Money Insurance Services Limited which will quote for the business. Upon acceptance the broker shares in the commission income and, upon renewal of the policy in the following years together with commission from any other business their client writes with us.
So any broker interested please call 08453 022 494. We need to approve every applicant so they may be signed up as an FSA approved introducer, they must remember not to give any advice on the topic other than to suggest that they might save their client money. Any queries will be speedily dealt with by the team at head office. Commission received by Business Money Insurance Services Limited will be shared with the introducer on a sliding scale, the more business you introduce, the bigger the slice the broker earns and renewal income will count towards the annual total. Bob Lefroy commented: “Those brokers with a heavy focus upon commercial property and buy-to-let have been hit very hard. Many of them have a potential opportunity by going back to the clients for whom they placed property funding offering to cut their insurance overheads and by introducing them, through Business Money Insurance Services, to first class insurance companies too. Making contact with clients old and new is never a bad thing, offering them something worthwhile should ensure brokers receive a warm welcome”. Once a broker’s client is signed up we will service them with a monthly business newsletter by e-mail so they receive much more than high quality, low cost business insurance. We believe that monthly communication with good editorial will cement your relationship with your clients. Jason Oakley said: “We are consistently saving money for clients with commercial property and buy-to-let holdings and this is attracting other insurance opportunities too. We offer all forms of general insurance. We aim to revolutionise the way that business insurance is handled and our membership of the Cobra group, allied to our state-of-the-art internet systems, means that we can offer big savings with top class insurance companies. I much enjoyed working with brokers when launching and sustaining hunter groups. There are some good people out there and we are looking forward to working with them”.
Even those with no wish to become an introducer can cut their own insurance costs using www.businessmoneyinsuranceservices.co.uk
08453 022 494 |
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