Ancillary & Misc. Schemes
The ability to differentiate products and services from competitors and generate an additional ancillary revenue stream is vital in today’s highly competitive marketplace.
Ancillary Schemes and ‘add-on’ products open up the opportunity for brokers to increase revenue from existing customers and are a more efficient way to increase profit per customer.
UK General Ancillary and Misc. Schemes can be offered as part of your existing insurance products on an optional or mandatory basis.
At UK General we are constantly seeking ways to innovate and create new opportunities for our broker partners. Our specialist nature allows us to offer innovative insurance products, tailored to fit your client’s requirements, adding real value and producing tangible results.
Mandatory Ancillary products:
Adding an Ancillary Scheme as part of your renewal process enables you to include additional areas of cover for your clients, with a minimal increase in premium allowing you to benefit from higher profits and commissions with minimal effort.
Optional Ancillary products:
Adding an Ancillary Scheme on an optional basis allows you to offer customers the choice of additional cover options.
Available products:
Features and benefits:
| Features | Benefits |
|---|---|
| Control administration | No more waiting for underwriters to get back with quotes. |
| Control selling price | A net rated product allows flexible pricing to stay competitive. |
| Delegated Authority | Allows brokers to make informed decisions on risks and provide customers with quick, concise quotes. |
| Manage service levels | Set service level standards and meet them as you control administration. |
| Quick implementation | Less investment in time and effort to implement the scheme. |
| Tailored areas of cover | Giving your clients areas of cover specific to their requirements. |
| Trade under own brand | Gives customers security in your brand. |