Following the launch of its integrated online SME trading platform, ‘QuoteSME’, late last year, Allianz Commercial is hailing the system’s success.
Half-year figures reveal significant month-on-month increases in new open-market business with a 68 per cent boost between Q1 and Q2 of 2010. To-date, over 2,800 broker employees have registered on with the platform, with the system delivering in excess of 18,000 quotes.
Commenting on the results, David Martin, head of SME affinity & broker markets, said: “We are delighted with the amount of business that brokers are placing via QuoteSME which proves that they value our fully-integrated approach.
“Brokers appreciate the ease of navigation and dynamic questioning which provides rapid quote response and, along with our competitive pricing, will help our brokers increase conversion rates. In turn, faster quote responses and high levels of service support for referrals will help us maintain our market-leading proposition.”
Denis Erne, partner at Annandale Insurance Brokers, who have placed a significant amount of business through the system, said: “In QuoteSME, Allianz have created a market-leading SME trading platform. Our staff has found the system incredibly user-friendly and was amazed at how quickly the system is able to turn quotes around at a very competitive price.”
Mr Martin adds: “QuoteSME is more than just a ‘quote and buy’ site – it is a major development which supports our long-term SME strategy and strengthens our commitment to supporting new and existing brokers by making it easier and quicker for them to trade with us in a competitive market.”