News & Blog

2023 Insurance Times Awards Finalists We’re delighted to share some exciting news that highlights the hard work and dedication of our entire team.   Broker Insights has been shortlisted for multiple industry awards, a testament to the outstanding contributions we’re making in the commercial insurance sector.   The Insurance Times Award categories in which Broker Insights […]

Renewal Management Introduction Renewals are a fundamental part of a broker’s life.  If a policy stays with the existing insurer, renewals can be relatively easy to manage.  However, when a case is marketed, renewals can require considerable time. With Broker Insights Vision™ , the process becomes much easier.   It all starts with a good placement strategy  […]

When non-standard risks fall outside the appetites of general insurers, successful placement relies on brokers finding markets willing to consider the business.  Brokers do this exceptionally well. In fact, analysis of over 640,000 commercial policies in the Broker Insights platform shows that these risks are placed across 1,000+ markets. This number raises an important question, […]

When it comes to operational efficiency, the $40,000 olive offers up serious food for thought.  Around 30 years ago, American Airlines hit upon a cost-saving idea. Through analysis, they established that by removing a single olive from every passenger’s salad, they would save $40,000 per year, without affecting passenger experience. Factoring in inflation, this would […]

  Broker Insights is pleased to be supporting the CFC Summit 2023, which brings together brokers from across the country to explore hot topics in specialist insurance. We are looking forward to connecting with like-minded brokers, ready to revolutionise their business and the commercial insurance market as a whole.   Pat Brice, CFC’s Distribution Director, comments […]

Some areas of the commercial insurance sector have been slow to adopt digital technology. This means companies are often managing fragmented systems and outdated processes. This places them at an increasing disadvantage relative to their peers. A widening gap can exist not only between brokers but also between the insurers they work with, creating a […]

As we approach the Q3/4 period of the year, commercial targets come into focus, particularly where large cases are concerned. Insurer Sales and Distribution teams know only too well the pressure to achieve growth with larger risks. And for brokers, the complexity of market engagement around more complex business can be equally challenging. Whether you […]

Placement Strategy Introduction “The Placement Strategy feature helps to highlight staff progress and track how well the business performs against various strategies. This new tool is very helpful for the business.” Rachel Horsfield, Corporate Broker, Rowland and Hames   See your business and easily build, execute and track your placement strategy  Placement Strategy is imperative […]

Business Overview Introduction IC Insurance Solutions was one of the first brokers to access Broker Insights Vision™. Commenting on Business Overview, Andrew Campbell CERT CII, Commercial Broking Manager at IC Insurance, said: “The upgraded Business Overview provides a simplistic view that at a glance will give an idea of overall performance without the need to […]

The commercial insurance sector operates on an annual cycle, with strategies, twelve-month plans and activities devised and designed to both maintain market share and to drive towards achieving ever-stretching growth targets. And key to this annual commercial insurance planning cycle is data, in all its forms, to inform decisions, help focus resources and illuminate paths […]