An online insurance sourcing platform, specifically designed for the Mortgage Broker and IFA professional. Offer your clients tailored insurance solutions across a range of products including Household, Let Property and ASU policies.
Brand new features | Enhanced cover options | Extra rewards for you
Launched at the end of 2015, our brand new GI platform has been designed in consultation with brokers to streamline the quoting and submitting process. Featuring Advanced Quote Technology and other unique features, take a fresh look at how using the platform can accelerate your GI business growth.
You have visibility and control over the final premium from the very first page, right through to the results. QuickQuote will give you a reliable indication of the final premium in less than 15 seconds. Our exclusive LivePremium feature will also provide an on-going indication of the final premium as your progress through the quote.
Return a greater selection of results utilising our BCIS property sums insured tool. Using the rebuild figure direct from BCIS or by entering your own, we’ll return the cheapest set of premiums across Sums Insured and Bedroom rated. Once again, the choice is yours in order to match the client needs correctly. Our Quote Summary panel accompanies you throughout the quote. Providing the main details of what you have quoted including client data, cover levels, save details and more.
Looking to beat the price your client currently has? PremiumFlex is the feature for you. Using the flex option you can tailor the final premium by flexing up or down to suit the clients’ budget and your commission expectations. As an extra convenient tool, you can also view and sort quote results via your commission £ amount.
Our new platform offers leading coverage for a greater range of insurance risks, from the everyday to the more advanced, which are often referred to as non-standard.
We have specifically designed the platform and the question sets to quote for 95% of insurance risks online, without the need for time-consuming referrals.
More than ever before, you can offer your client tailored cover that protects the areas most important to them at a premium that suits their budget. Your client can have peace of mind their fully protected.
Take a look through non-standard examples below. You’ll be surprised how many risks are now being classed in the non-standard category.
The client’s property was unoccupied and undergoing a large-scale renovation and extension that totalled over £100,000 in costs. The platform was able to quote cover options without referral.
The client’s property had suffered previous subsidence and was underpinned 4 years ago. A certificate of adequacy supported this. The platform was again able to quote cover options without referral.
The client had a conviction 2 years ago, which resulted in a 6-month prison sentence. This prevented them from getting cover through the standard quoting option without incurring a significantly loaded premium after referrals. Our new platform will quote online without a referral and at a significantly more competitive rate.
You can be sure your GI cases will secure leading commission rates across all our product ranges. With flexible options of up to 27.5% on Household policies and standard rates of 25% for ASU, 20% for Let property, you can rely on a consistent income stream with The Source.
Remember, our platform is designed to convert more GI quotes into actual policies therefore increasing your income stream.
Plus, combining our commission model with our Broker Loyalty Scheme - Source Rewards means you'll receive more from GI than ever before with The Source.
We guarantee your commission will always be just that – yours! The best part is we keep paying your trail commission (at the same rate) even if you retire or leave the industry, so long as the policy is active.
There's more... if you are also a Source Rewards member, you'll also automatically keep receiving your Reward points and membership benefits.
Use our income predictor to see what your GI opportunities could create for you over a 5-year period. Set your current cases to predict your annual income.
Exclusive to The Source and an industry first, Source Rewards is designed to Reward you every time you use The Source. Complimenting our existing commission structure, once signed up, you will earn points for every piece of new and renewed GI business.
Track and exchange your points via your own personalised Rewards Dashboard, points are exchanged for vouchers to spend in over 2000+ outlets across the UK. These include bars, restaurants, attractions and a host of shopping outlets including major brands such as John Lewis, M&S, B&Q and more.
GI has never been so rewarding!
You could be earning up to an extra £3850 over the next 5 years in vouchers by maximising your GI opportunities. That’s just from your GI cases, we also offer free points opportunities to boost your total throughout the year. Visit Source Rewards for more information.Visit Rewards
Complement your Commission income with Rewards Turn your Reward points into vouchers that can be spent in over 2000+ outlets across the UK. Take a look below at how much extra Reward you’ll get for your GI cases.
To maintain your on-going income stream and also guarantee your clients the best premium every year, our Proactive Renewal Team manage every policy as it comes up for renewal.
We will automatically run the policy back through our panel at renewal to look for the cheapest premium options that offer the right level of cover for your client. We then offer the client the options to switch or remain with their current insurer. Our Proactive Team regularly secure renewal rates of at least 80% as a minimum.
The best part for you is we do the legwork for you but you still get every bit of commission due to you – guaranteed!
Getting you a Source user account to start experiencing the new way to write GI is easy. Simply complete the very brief form opposite. We’ll take it from there and get you up and running in no time.
Everything we do is built around making GI more straightforward and rewarding for our brokers, try us today and let us know how we can develop what we do to better suit your business.
If you’ve had a Source Broker ID in the past and want to get yourself back up and running, please indicate this on the form.