In-Cept is designed for use by mortgage and insurance brokers, IFAs, networks and lenders. Offering almost instant insurance cover for commercial and residential properties via an on-line service, the system has taken over a year and a half to develop, and meets all of the Financial Services Authority compliance requirements.
Barclay Willis In-Cept products include commercial landlords cover, residential landlords cover and residential home owners. Products soon to be added include tenants contents, ASU and life cover.
Daniel Willis, managing director of Barclay Willis, said: “The Barclay Willis trading platform provides a prescriptive and compliant path to incepting a variety of insurance covers. The real beauty of our system is that being internet based, it is totally dynamic and all in real-time. There is no software to clutter up agents PCs, and never a need to make any updates. Using In-Cept is simple too – because there are no traditional proposal forms to complete, obtaining a quotation and holding cover couldn’t be easier or faster, with all documents being instantly produced, to be posted or even emailed to the insured.
"Our insurer partners have provided very flexible, comprehensive and competitive products, meaning that in almost all instances the right cover can be incepted, at the right price.
“But that’s not all. Barclay Willis offers our agents a very generous commission, both on new business and at renewal, which ultimately could lead to a significant addition to their revenue streams. What’s more, there aren’t even any subscriptions to pay. We believe that our fresh approach to the market will overturn any preconceptions that insurance is too complicated, and encourage the non-traditional user to begin offering insurance to their clients as an additional and income-driving service.”
