Identify growth opportunities
Observe trends in the marketplace; identify growth opportunities by LoB, market, and risk class.
Optimize Distribution Network
Identify at-risk distribution relationships, identify potential new partners based on volume of in-appetite business.
Benchmark rates and commissions by LoB, market, and risk class, and adjust to improve competitiveness with key distribution partners.
Use real time, reliable data
Observe: See trends in brokers’ business mix and consolidation of premium with carriers
Identify opportunities and risks: Benchmark rates and commissions to identify opportunities
Develop plan: Identify segments and develop broker-specific strategies
… and a commercial quote and bind platform to execute business flow and react quickly
Execute: Bring appetite, commissions, and rates in-line at a broker and market to partners based on potential
Bind more business: Access in-appetite new business flow and process business faster
- Leverage 20,000 Vertafore agencies
- Real-time connections between agency and carrier
- Collaborative with end-insured
- Faster and easier for agencies and carriers