e-Newsletter Archive May 2012
Juggle the right cover against the right cost for your client
There's never been a better time to look to the Let Property market. Rented properties are on the increase in the UK, presenting a bright light in an otherwise dreary market. You can take home 20% commission from each case submitted and (just like household and ASU) all trail commission is yours for the life of the policy. We provide a number of services for Let Property Insurance.
Insurance for a wide range
of occupations! In today's economic climate, it's worth taking a few seconds to think about protecting your home should the unthinkable happen. In the unlikely event that your client loses their income, they could still be covered under an Accident, Sickness and Unemployment Insurance policy from The Source. We offer a wide range of services and products to make finding ASU cover a breeze.
Bulletproof your business
As the compensation culture creeps further and further into businesses, Top quality, tailor-fit Professional Indemnity cover is now available right here at April 2012
Price Vs Cover
We know that in these tighter economic times, the average consumer is looking for a better deal, whether that may be for our utilities, mobile phone contracts or insurance. In today's price sensitive market we understand that the broker's job has become even more difficult when trying to advise clients on products such as General Insurance. March 2012
New MPPI Selling Rules
Following the submission of a 'super-complaint' about PPI Please refer to our useful info-graphic demonstrating the new rules and regulations in relation to the selling and customer contact for mortgage protection payment Insurance. November 2011
![]()
Why the buy-to-let market is
a bright spot in dark times In troubled economic times the continued strength of the Buy-to-Let market continues to be one of the few bright spots on the horizon. Summarising the most recent mortgage market reports, the tone was firmly set by the Council of Mortgage Lenders Q3 report which estimated gross mortgage lending in September 2011 to be 4% higher than September 2010, bringing the Q3 2011 total to an estimated £38.6 billion. August 2011
![]()
Changes to UK regulation:
an easy reference guide The regulatory environment for Financial Services is becoming more of an alphabet soup than ever. We regularly update our staff on the any announcements that give an indication of where the new regulatory regime appears to be heading, but when we looked around for a concise snapshot of the current state play for staff training, we couldn't find one. So we made our own. ![]()
What the price of gold says about the future of Buy-to-Let
The Council of Mortgage Lenders report for Quarter 2 already shows a reasonably healthy level of current activity in the Buy-to-Let market. However the real clues to the scale of the opportunity may lie elsewhere. Share and bond prices plummeted and the price of gold went through the roof amid fears of double dip recession, increasing rates of inflation, growing distrust of sovereign debt and fears that the Eurozone bank exposure is about to spark off another 2008. June 2011
![]()
Get your pricing on target,
and secure more business Aim for increased business, with our guide to getting the right quote for the client People are more price-sensitive these days, but if you think that means that only the cheapest products will sell, then your aim may well be a bit off. Clients looking for a good price may not want the cheapest product, they just want good value. Finding out just what value means to each individual client is key to securing a sale. ![]()
choose your own commission
- and win more business With the Source you can choose your own commission up to 27.5%. Vary the rate you take case-by-case to discount your quotes and compete against the price comparison websites or increase your profit margin when insurers are pricing low. ![]()
Fair, reliable and with Trail Commission guaranteed
We are one of few companies with a perfect record of making commission payments on time and we still pay Trail Commission so you can start building a long-term income stream, from the very first quote! With us, cross-selling G.I. is easy ...and profitable.. March 2011
![]()
Tailor your commission and pricing to fit the client
Beat the Price Comparison sites one quote at a time. We now offer a flexible commission option on our Home Insurance quotation system, which means you can vary your commission rate case-by-case to control the premiums quoted. Take a lower commission to match your client's target premium, or take the maximum commission rate of 27.5% in areas where insurer pricing is more competitive to start with. ![]()
Bright prospects for Buy-to-Let mortgages and insurance
There have been a lot of different reports published recently about factors influencing the private landlord market. We've pulled their findings together and outlined the reasons you should make the sector a focus of your 2011 business plan. ![]()
beating the price-comparison sites - one quote at a time
If you're losing your clients' General Insurance business to the price comparison sites, here are a few tips for making sure that it's only on those cases where their price advantage is real and not just "smoke, mirrors and dirty tricks". ![]()
The state of the economy and what you can do about it
Here's our latest digest of recent economic commentary and what it suggests about the opportunities likely to emerge later in the year including: · Housing market dynamics· Inflation and interest rates · Imminent Remortgage triggers |