Five things to consider when choosing where to place your schemes business
Partnerships between insurers and brokers built on mutual passion, expertise and the same values remain the key to the successful growth and development of any scheme.
Our New Schemes Underwriting Manager & Platform Owner, Simon Dandridge talks about the persistent tech challenges facing schemes brokers, and an innovative way forward for the sector.
We have been working closely with brokers, and have developed a new, dedicated digital solution called Schemes+.
It takes away the friction and combines all the benefits of a digital platform with a full, in-house schemes offering from a highly rated provider. With Schemes+ you key details directly into the system, which generates your quote, documentation and bordereau. Importantly the system can be tailored to the needs of each broker with bespoke question sets, documentation and rating structure. Maximising time to focus on the human element – building relationships with customers and discussing growth with our decision makers and consultants.
We ran a pilot with Pound Gates, a specialist insurance broker based in Suffolk who believe the system could give them a 33% improvement in processing time.
Simon is responsible for the end-to-end management of our new schemes process, from review of new schemes opportunities through to project management and transfer. He also acts as a relationship partner in the initial 12 months after launch to ensure a smooth transition for both brokers and clients.
In addition, Simon and his team have spent the last two years building and launching a new digital platform which allows brokers to trade their delegated scheme digitally.
Simon has worked in insurance for over 10 years, initially working for a broker before joining Ecclesiastical in 2013, where he has spent the past 8 years focused solely on schemes, building a wealth of knowledge and skills.