15/07/2019
5 Reasons Why Independent Brokers choose Legacy
There's a myriad of reasons why brokers - large and small - find value in working with Legacy Underwriting Managers. Here are a few:
1 - Simplify
It's time to Marie Kondo your work life - Clear the clutter!
A single system providing access to multiple top insurers' products significantly simplifies administration and processes in a broker's office. A unified process, consolidated reporting and single point of contact allows brokers to streamline workflow and remove complexity in managing administrative aspects of their day-to-day workload.
2 - Automation
The Legacy On-Line system is highly automated in order to maximise client service and turn-around times, to eliminate repetitive admin tasks and to achieve consistent, predictable outcomes. The follow-up, and re-submission, of unpaid debit order is automated, many claims processes (e.g. windscreen, geyser and fast track claims) are fully automated end-to-end. In addition, web-based integration with insurer back-end systems brings bulk purchase power and additional expertise to the the table.
3 - Retention
The Legacy products and benefits, client service and automated renewal process all contribute to retention which is a crucial component to building a stable and long-term sustainable business for any broker.
4 - Compliance
Pro-active work with insurers, the regulator and industry bodies allows Legacy to keep brokers abreast of requirements and practical implications of regulations. Compliance and TCF are built into Legacy products, documentation, business processes and communication and reviewed and updated regularly giving brokers peace-of-mind in this ever changing landscape.
5 - Control
Whether it is immediate access to information, drawing multi-quotes, the ability to amend policies or report and track claims, the Legacy On-Line system puts control in the hands of the broker and broker staff.
Bonus 6 - Competitive advantage
The MyPolicy APP and Service Centre, which are part and parcel of the Legacy offering, allows brokers to offer a client service experience akin to what tech-savvy clients might look towards direct players for. Having access to the advice, expertise and the care of a broker as well as cutting edge technology combines the best of both worlds into a powerful competitive advantage.
All these reasons add up to ?!
Contact Legacy and find out it makes sense to join the Legacy family.
Simply notify us of your interest on https://www.lum.co.za/lum/broker-enquiry/ , or send your contact details to [email protected] and we will do the rest.
