You have a mandate from your principal insurers to place them on risk, to issue policies on their behalf, collect premiums from clients and perhaps even settle claims. Your service to clients must be swift and effective. You must provide them with peace of mind that their assets are protected from unforeseen incidents, at value for money premium levels and that they will be reimbursed in the unfortunate event of a claim. They look to you for guidance and take comfort in your healthy relationship with risk carriers.

Your clients have enough trust in you to allow you to collect money from their bank accounts. You may never compromise this trust.

The distribution of funds to insurers must provide an analysis of the type of risks being paid, for each of the clients involved.

Footprint will provide you with the tools to measure incurred claims against earned premiums, on a 365ths basis, in the same way that insurers measure your results. Read More