Wholesale provider Cavere Intermediary launches – Insurance Age
Technology-driven business aims to disrupt the market.
Cavere Group has launched Cavere Intermediary, a technology-driven provider offering wholesale insurance products to brokers and intermediaries.
The business noted that it is backed by A-rated insurers in the UK and its product range currently includes home, landlords and tenants, personal accident, travel and non-standard insurance cover.
According to Cavere, which describes itself as a disruptor, the new firm embraces the latest advances in technology to deliver improved flexibility, capability and efficiency to assist brokers while offering “transparency” and end-to-end policy administration.
Brokers
Paul Thompson, chief executive officer and founder of Cavere commented: “We have built this business to address what we see as a glaring gap in the market for an independent technology driven GI provider offering the execution capability to deliver one system and one administration process for a wide range of products.”
He continued: “At a time when customer loyalty is vital, the focus of Cavere is to work in partnership with brokers and intermediaries to ensure they get right first time solutions for each customer and their individual needs and risks.
“We offer fast, smooth transactions, streamlined quotations, and simplified slick policy administration, as well as online product knowledge training to give brokers and intermediaries the edge in a competitive market – responsive engagement, faster decision making and improved customer experiences.”
Ida Axling – News Editor, Insurance Age
Shake up in GI as Cavere raises the stakes – Mortgage Introducer
GI expert Cavere Group has launched Cavere Intermediary (CI), a competitor to the likes of Uinsure, Source Insurance and Berkley Alexander.
The new master broker hopes to shake up the market with its technological background and access to A-rated insurance brands.
Cavere Intermediary works on a sole provision basis, where it supplies different brokers with one provider for home insurance and contents. The insurance providers are said to give better rates as a result.
Paul Thompson (pictured), chief executive and founder of Cavere, said: “We have built this business to address what we see as a glaring gap in the market for an independent technology driven GI provider offering the execution capability to deliver one system and one administration process for a wide range of products.”
And he added: “The focus of Cavere is to work in partnership with brokers and intermediaries to ensure they get right first-time solutions for each customer and their individual needs and risks.
“We offer fast, smooth transactions, streamlined quotations and simplified slick policy administration.
“Not only that we provide online product knowledge training to give brokers and intermediaries the edge in a competitive market – responsive engagement, faster decision making and improved customer experiences.”
For now its product range includes home insurance, landlords and tenants insurance, personal accident, travel and non-standard insurance cover.
Magenta, Cavere’s proprietary system, works at the back end, to help with administration for both brokers and clients.
Ryan Bembridge January 25, 2019 – News Editor, Mortgage Introducer
Cavere Group Launches Intermediary Business
28 January 2019: Cavere Group Ltd has today announced the official launch of Cavere Intermediary. Technology driven and backed by some of the UK’s leading A-rated insurance brands, Cavere Intermediary provides brokers and intermediaries with premium General Insurance (GI) products. Its product range currently includes home insurance, landlords and tenants insurance, personal accident, travel and non-standard insurance cover.
Unlike incumbent GI providers, Cavere Intermediary is designed with the agent in mind, with proprietary cutting edge technology at the heart of its operation. Proud to be a disruptor in the market, Cavere Intermediary embraces the latest advances in technology to deliver improved flexibility, capability and efficiency that assists brokers and intermediaries to realise the vast potential offered by GI.
Cavere’s proprietary Magenta system facilitates the ultimate in transparency, and end-to-end administration of policies throughout the customer journey, with real-time customer intelligence ensuring no touch point is missed. No other GI provider is currently able to offer this.
Speaking about the launch Paul Thompson, CEO and founder of Cavere commented: “We are delighted to officially bring Cavere Intermediary to the market. We have built this business to address what we see as a glaring gap in the market for an independent technology driven GI provider offering the execution capability to deliver one system and one administration process for a wide range of products.”
He continues: “At a time when customer loyalty is vital, the focus of Cavere is to work in partnership with brokers and intermediaries to ensure they get right first time solutions for each customer and their individual needs and risks. We offer fast, smooth transactions, streamlined quotations, and simplified slick policy administration, as well as online product knowledge training to give brokers and intermediaries the edge in a competitive market – responsive engagement, faster decision making and improved customer experiences.”
For further information please contact:
Kelly Prior at Spotlight Consulting: kelly@spotlightconsulting.co.uk or 07730 572878
About Cavere Intermediary
Cavere Intermediary, part of the Cavere Group and trading style of Cavere Ltd, provides a range of wholesale General Insurance products for Brokers and Intermediaries. All Cavere Intermediary policies are highly rated and backed by leading insurers.
Cavere Intermediary leads through technology innovation, and championing creative ideas and solutions that enable its partners to differentiate their proposition in the marketplace.
Based in York, Cavere Intermediary is authorised and regulated by the Financial Conduct Authority.
www.cavereintermediary.co.uk