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Agency Facilities:

Nilesh Somaiya

“I could never have got agencies like these on my own. There are literally hundreds, covering all manner of products."

Nilesh Somaiya
(Franchise Holder,
Coversure Harrow)

Coversure franchise holders have access to a comprehensive range of general insurance products underwritten by composite insurers and at Lloyd’s, allowing access to a diverse range of markets and an ability to specialise in particular niches if required.

In line with the majority of brokers and intermediaries we have been striving in recent times to reduce the number of insurers and product providers with whom we deal in order to achieve the economies of scale essential to our business. We are confident that our franchise holders are able to compete in all areas of the marketplace and are particularly competitive in many specialist areas such as Commercial Vehicles, Taxis, Property Owners and Commercial Package risks where, in many instances, we are able to set the rates upon referral to our Head Office underwriting team.

The closed nature of our computer system has enabled us to pilot a number of exclusive schemes on behalf of insurers, many of which have brought considerable financial benefit to our franchise holders and insurers alike.

In addition to our wide range of standard facilities there are many add on products that can be sold to your clients including Legal Expenses, RAC Breakdown Cover, Home Emergency and Personal Accident.

Non-recourse Premium finance facilities are also provided on line for both Personal and Commercial policyholders and a useful additional income can be derived from these sources.

Needless to say our reputation in the marketplace ensures that the highest possible levels of commission are payable to franchise holders with the current rate for all screen rated motor and commercial vehicle products being 13%.

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Coversure Insurance Services Ltd is Authorised and Regulated by the Financial Services Authority. Ref: 309041
Registered address Coversure House, Vantage Park, Washingley Road, Huntingdon, PE29 6SR. Registered in England No: 2381990

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