General insurance provider, Berkeley Alexander, has launched a new sourcing system for intermediaries.  New features have been added to halve the quote time, make it easier to compare product features, and help advisers with the latest FCA compliance.

Geoff Hall, Managing Director, Berkeley Alexander, expands: “We’ve made a significant investment in our new online GI sourcing system. The result is a quicker and easier sales, advice, and compliance process that will really help advisers to help clients and maximise income from GI.”

New time-saving features include:

• A simplified approach to the collection of client information.
• The ability to amend the quotation on the quotation page without having to re-quote. This could involve the addition or removal of options such as accidental damage cover or movement in voluntary excesses.
• An improved quote pack, including the ‘Reasons Why’ letter, client demands and needs, and the relevant insurer documents. These can now all be generated as an e-mail to send directly to the client.
• Choice of customer payment options now including BACS via online banking as well as debit & credit card payments or monthly direct debit.

Development is on-going, and as well as still being one of the largest online quote and buy panels in the market, BA will shortly be launching an additional suite of new add-on insurance products, and a commission slider to give advisers more control over premium pricing.

Geoff Hall adds: “Securing incremental business, retaining existing clients, offering the broadest possible product choice, remaining compliant, and maximising income from GI are at the very heart of our adviser offering. We expect our new sourcing system to take care of all of these, and are keen to hear the response from the market.”

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For further information please contact:

SJ Wrigley, Spotlight Consulting: sj@spotlightconsulting.co.uk      07909546104

About Berkeley Alexander Ltd:

Berkeley Alexander Ltd is a general insurance provider, offering IFAs and mortgage brokers a wide range of personal and commercial lines of insurance.  Drawing on a large number of insurers, it is known for its comprehensive range of competitively-priced products and for its innovative approach to distributor partnerships.