Getting real time and actionable data about an industry as fragmented as insurance broking is tough. Data about the brokers insurers work with takes days or even weeks to gather and requires both expertise and time to make it actionable. Data about the brokers insurers don’t yet work with is too general to be meaningful, patchy or completely absent. This means that…
Some of the biggest carriers only work with 30% of insurance brokers. That’s a lot of missed revenue. Broker-Base lets brokers identify and build productive relationships with new brokers that fit their business goals.
Internal sales data is much less useful without competitive context. Broker-Base lets carriers benchmark pricing, market share and other data against competitors, enabling them to make smart, insight-driven decisions.
What service factors and commission levels do brokers need to favour a carrier? Broker-Base lets carriers know what’s important to what type of broker—and even what motivates individual brokerages—allowing them to focus their resources where it matters.
Broker-Space, our broker-facing platform, helps insurers sell policies through a wider selection of brokers—even those you haven’t heard of.
Our Broker Buddy digital assistant automatically answers brokers’ questions without any input from your broker service teams, reducing the need for referrals by up to 40%. It also identifies opportunities for complementary policy sales, ensuring no customer is left under-insured.
Our smart form technology makes the process of sourcing quotes faster for brokers giving them time back to focus on what they do best: building solid customer relationships that result in higher policy sales.
Benchmarking of performance and market share against competitors within narrow geographies, product and broker segments.
Insight into what motivates brokers and end-customers to buy particular products from particular insurers.
Understanding of market rates for commission.
The ability to identify brokers you don’t yet work with but who are ‘rising stars’ in the industry, and what it will take for them to work with you.
Showcase your offering to the industry’s most effective brokers.
Generate new leads and sales from across the broker landscape.