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Broker Network Launches New Toolkit for Independent Brokers
BROKER NETWORK ASSOCIATE
Plus, a "golden hello" of up to £10,000 available to the first 50 applicants
Broker Network is delighted to announce the launch of Broker Network Associate, the alternative network proposition for UK independent brokers.
Broker Network Associates will enjoy access to core business services, including HR, Compliance and IT support, provided by Broker Network's experienced consultants, alongside enhanced commissions from a panel of wide ranging key partner insurers.
In support of the first 50 brokers to successfully sign up to this proposition, Broker Network will give back to each Associate 1% of their annual gross written premium, up to a maximum of £10,000.
Something for Everyone
With the addition of Broker Network Associate to its service portfolio, Broker Network now offers a suite of packages to UK brokers – there's something for everyone:
- Broker Network Member
- Broker Network Associate
- Broker Network Start Up
Chief Executive of Broker Network, Grant Ellis commented today:
"We are entirely confident that brokers who experience the Broker Network concept will choose to remain for the long term - that's why we're happy to announce our "golden hello" of up to £10,000 per broker. We believe it's a worthwhile investment. Interest in Networks is at an all time high and whilst our competitors may suggest that every Network offering is essentially the same, we believe this is entirely inaccurate. The Broker Network propositions, for Members, Associates and Start Ups, are unmatched within the market. That's why we want independent brokers to come to us first, so that they can experience true market leading services. Now, Associate membership makes that decision even easier."
The Network Experience
By joining Broker Network as an Associate, a broker is given the opportunity to "test the water", allowing first hand and beneficial experience of what the UK's leading Network really does have to offer.
Broker Network gives brokers freedom of choice – remain as an Associate should these levels of support work for you, or choose to upgrade to Broker Network Member, with wider access to an extensive, professional and market leading portfolio of business and insurer services.
It's About Choice
Broker Network realises that there are a number of brokers who require an alternative type of proposition – one with a nominal financial commitment. Like satellite television packages, brokers now have the option to choose which level of commitment they feel comfortable with – which package better suits their needs as a business. Plus, with our £10,000 "golden hello", Broker Network is going one step further – it's our equivalent of receiving a free satellite dish and Digibox.
Removing the Hurdles
Broker Network has a pipeline of prospective Associate Members who have expressed to us that they wish to be part of a Network but require a lesser initial commitment. By removing some of the barriers to entry, Broker Network Associate allows independent brokers the chance to taste the benefits, without the need to make a significant commitment ‘up front'.
In contrast to other Network propositions, Broker Network has recognised that brokers of any size can and will benefit from this proposition. As a result, there is no maximum or minimum gross written premium requirement to qualify.
Moving With The Times
Broker Network, priding itself on its flexibility and ability to move with the times, has recognised that in an increasingly competitive and challenging market, independent brokers require access to business and insurer support, regardless of their size and location.
Broker Network Associates are provided with the tools they need to successfully run their independent businesses.
Jo Thoy, Sales Director of Broker Network commented today:
"We have listened to brokers and acknowledge that they prefer wider choice and alternative propositions with differing levels of commitment when it comes to choosing their network provider. We believe that the UK independent broking market is looking to us to provide them with this choice and so we are delighted to launch Broker Network Associate – a true reflection of our commitment to work on behalf of all brokers to ensure long term success and profitability for everyone."
Mark Wood, Managing Director also commented:
"Broker Network Associate is further evidence of our continued aim to actively support access to markets for independent brokers. The offering also compliments our leading start up package, helping new emerging businesses to enter a competitive market, armed with the essential tools needed for them to succeed. We have been working closely with the UK's leading insurers to ensure that Associates will immediately benefit from increased earnings and support."
For further information, please contact:
| Kelly-Ann Knight | 01423 554147 |
| Head of PR & Communications | k.knight@brokernetwork.co.uk |