Appointed Representatives for Associations
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xBroking operates as an independent incubator platform to trade associations throughout the UK and Europe, offering the association a bespoke solution to offer its valued members access to insurance products, whilst being able to control the product distribution, development, claims management and financial earnings. We offer a full ‘360’ support function to new and existing associations, offering a bespoke service to associations throughout Europe.
We’re Here to Help if You…
- You want to be your insurance platform for your valued members to have a greater control on premiums, white-labelling of documents, claims handling and financial earnings.
- You want to reap the rewards of your hard work and control your future.
- Need assistance in setting up your first insurance platform for your association.
- Have a vague idea in terms of regulation and compliance.
- Are not happy with your current Principle/arrangements, and want to work with someone more supportive towards the association’s strategic direction.
- Are seeking Lloyd’s of London access for your insurance capacity requirements.
- Are seeking to ‘go at it alone’ after several years of successfully running an association with your own bank of clients.
- Want the flexibility to work your own hours around your clients’ requirements.
- Require placement and product support for any unusual enquiries.
Our Objectives in Helping You…
- Help you grow and develop your association with like-minded partners and supporting insurers.
- Give you peace of mind and remove any burden around compliance, regulation, client money reconciliations and software selection.
- Reduce your regulatory and infrastructure costs so you can focus on marketing and new business.
- Provide you with a platform to develop and excel your association.
- Ensure your financial stability by offering flexible working agreements.
- Offering a transparent agreement and prompt financial reconciliation to ease your cash flow.
- Giving you ‘whole of market’ access with over 100 insurers and Lloyd’s Syndicates to place your members’ risks into.
- Minimise and remove any challenges you have as an association offering insurance products to members.
- Enable you to work with your new and existing members with reassurance and confidence.
- Have someone by your side, during the good times and bad.
- Help you grow as an ASSOCIATION in multiple lines of insurance.
- Provide you with flexible options to work.
What we Will Do for You…
- Support your association, whether an existing association or new start-up in the strategic direction you choose.
- Ensure you are compliant at all times.
- Keep you informed of new regulations and industry best practice.
- Offer you access to market and insurers to place your insurance enquiries.
- Support you financially, by offering regular commission payments (weekly, fortnightly and monthly).
- Assist you in your marketing and digital marketing efforts to grow your association and brand.
- Help you protect and grow your association. After all, the members are yours and will always be.
- Help you become directly authorised, as and when you feel the time is right.