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Trade with your commercial insurers, your way

www.powerplace.co.uk

WELCOME TO POWERPLACE

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In today’s commercial lines insurance market, we recognise that all clients’ needs vary and that brokers require different solutions and trading options to meet these needs. PowerPlace now delivers a single integrated solution, which provides brokers with the technology to trade with their commercial lines insurers in a multitude of ways.

ABOUT POWERPLACE

Nick Giddings CEO, PowerPlace

THREE WAYS TO TRADE

PowerPlace Micro is our original proposition. It works as a wholesale model with our insurer partners, and uses our own question set, which we maintain. Micro enables access to a wide range of products from an extensive panel of insurers, quickly and easily. From this proposition you can access eBroker for PowerPlace – our B2C white-label website technology which allows you to trade online with your clients.

PowerPlace SME is our integrated solution, which allows you to trade via your direct relationships with insurers, with no wholesale involvement from PowerPlace. The question set is designed around industry standards and typically integrates with insurers’ systems via imarket, while still offering a panel of auto-rated products. With PowerPlace SME you still receive the same benefits as you would dealing direct with insurers, such as discussing terms for risks with underwriters and negotiating deals. You can also compare multiple quotes.

PowerPlace Complex is a commercial data capture solution, which can also assist in writing auto-rated risks. It is supplied with pre-defined data capture templates for commercial risks with accompanying presentation documents. As the broker, you can tailor these where appropriate and use them as a basis for marketing risks.

MICRO SME COMPLEX

With the market becoming increasingly competitive, and clients becoming more demanding when it comes to product choice and price, brokers need to feel confident that they are offering the best terms and service. Our commercial technology platform offers this reassurance, with the added advantage of multiple quotations, price comparison and back-office integration. Furthermore, PowerPlace is supported by the leading names in insurance, who are committed to integrated e-trading, and helping you meet your clients’ expectations in the most efficient and cost-effective way possible.

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POWERPLACE MICRO

Quote comparison screen

Compare multiple quotes, covers and excesses in minutes through one question set

Quotation comparison facility to help you with your TCF obligations

Option of adding your own B2C quote-and-buy website for servicing those clients who want to trade with you online

Access a wide range of products from market-leading insurers with dedicated underwriting turnaround

Enjoy faster transactional processes and reduced administrative tasks

Access all documentation instantly, giving you greater control over accuracy

Maintain insurer account visibility – your insurer receives monthly updates on all business written

Referral capability

Designated training service

PowerPlace offers you a wider market reach by providing Access2All PowerPlace insurer panel products. These include those that may have previously been unavailable if your business didn’t hold an agency direct with the insurer.

ACCESS2ALL

Benefits

Access2All brings more choice to you and your clients, which should result in increased conversion rates, more placement opportunities and improved renewal retention, ultimately saving you even more time and helping to grow your bottom line.

Access2All

in conjunction with PowerPlace Micro

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Compare multiple quotes, covers and excesses in minutes through one question set

Quotation comparison facility to help you with your TCF obligations

Ability to write more complex package risks

Insurer defined question set and ability to widen footprint of risks

Trading via your own direct agency with your insurers

No need to rekey information, reducing administrative tasks

PowerPlace will assist with broker set-up

Referral capability

Designated training service

POWERPLACE COMPLEX

Benefits

You will need to ensure that you have Open Word and Open-R from the Open GI product suite.

Minimum requirements

Library of approximately 2,000 questions to help personalise your user journey

Pre-defined online data capture forms to aid set-up

Growing library of supporting fact find templates which can be tailored to your business

Question library maps to PowerPlace products

Risk presentation creation using Open Word and Open-R

Fully integrated with InfoCentre Plus

Flexible documentation which is controlled by you

POWERPLACE SME

Property details capture screen Data capture screen

Question library screenOur form building tool can be used to create or edit existing formsProposal summary screen

Benefits

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Building on the success of PowerPlace Micro, eBroker for PowerPlace delivers the tools for trading directly with SME clients online, via your very own branded website. By harnessing the power of our existing platform, eBroker for PowerPlace will put you at the forefront of online product distribution in a rapidly growing market.

EBROKER FOR POWERPLACE in conjunction with PowerPlace Micro

Provides a real-time, online quote-and-buy solution for SME business, with seamless data capture

Full web to back-office integration, including secure online payment processing that meets the latest Payment Card Industry Data Security Standard (PCI DSS)

Multiple branding options to suit your corporate identity

Speed of integration allows instant follow-up of online quotes with an outbound call, text message* or email**

Save time and money by eliminating data rekeying and increase your contact base for future marketing and cross-selling

Tap into a rapidly growing market and benefit from new commercial revenue

Enable your business to reach a nationwide audience of SME clients searching for insurance online, driving enquiry volumes

When contracting for eBroker for PowerPlace, you will need to have CreditLine Plus and Premium Finance modules from the Open GI suite and provide the following:

• Legal wording for the terms and conditions of use of your site in a Microsoft Word format

• Images and logos in a screen-ready format

• PCA and bank validation

Minimum requirements

Benefits

*Subject to SMS integration**Subject to Open Word and Open Print Manager integration

Developed specifically to help you capture a share of the up-and-coming mCommerce market is mBroker for PowerPlace – THE solution to selling micro SME cover to clients via their tablets or smartphones.

With all the benefits of eBroker for PowerPlace, mBroker also provides full screen orientation and integration with the built-in call functionality of smartphones. Furthermore, it gives the client the same functionality as the desktop version, and even sends fully branded, customised introduction text to support compliance.

MBROKER FOR POWERPLACE

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At PowerPlace, we are committed to offering our brokers the highest levels of service so that you are equipped to save time and grow sales.

OUR SUPPORT TO YOU

Bringing more power to you

Our Business Development Team will provide PowerPlace brokers with a wealth of support, both face-to-face and over the telephone. Your business can also take advantage of complimentary onsite training, which can be arranged at a time and place to suit you.

Furthermore, to add real value to your business, your local Account Manager can work with you to ensure you use PowerPlace more effectively and can offer:

• Bespokedealstohelpgiveyouthatcompetitiveedge

• Supportandadviceonwinningnewbusiness,securingrenewals and other product-related queries

• Toworkwithyoutoachievegrowth,maximiseearningsanddrive greater efficiency savings

• Marketinsighttohelpyouunderstandandovercomethechallenges faced in this rapidly changing SME landscape

Listening and communicating with our brokers

As a developing commercial lines technology solution, we utilise a number of communication channels, including Twitter and LinkedIn, to keep our brokers up to speed with our latest product and system enhancements, as well as to gain valuable feedback.

This feedback helps shape the look, feel and functionality of our evolving platform, so that we can deliver the best products, premiums and levels of service to our broker partners.

Business Development Manager Responsible for broker account growth and deal opportunities

Training & Deployment Consultant Responsible for training and usage of the system

Regional Broking Account Manager Responsible for transactional usage and daily contact

Open GI Support Provides both application and technical support

Insurer Development Manager Responsible for ensuring that our panels are as widespread and competitive as possible.

Contact T: 0344 8921 336* E: brokerenablement@powerplace.co.uk

*Calls to this number are charged at your standard landline rate

Our Broker Enablement Team is available Monday-Friday 9.00am-5.30pm

YOUR TEAM

Contact Us PowerPlace Insurance Services Ltd Buckholt DriveWarndonWorcesterWR4 9SR

T: 0344 8921 336*E: brokerenablement@powerplace.co.uk

www.powerplace.co.uk

PowerPlace is a trading name of Powerplace Insurance Services Limited. Registered in England No. 6164788.Registered Address: Buckholt Drive, Warndon, Worcester, WR4 9SR. VAT Registration Number GB100 1915 77.Powerplace Insurance Services Limited is authorised and regulated by the Financial Conduct Authority FirmReference No. 500269.

*Calls to this number are charged at your standard landline rateOur Broker Enablement Team is available Monday to Friday 9.00am to 5.30pm

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