It allows the consumer complete control over their policy
General insurance (GI) quotation provider Source Insurance has launched its new platform, Source Go, which will allow advisors to introduce their clients to an insurance policy journey with minimal contact information before handing the consumer complete control over their policy.
Source Go has removed the traditional phone-based quoting methods, giving the customer full autonomy over their home insurance quotation, completion at their own convenience, and access to low prices. The company said the platform allows advisers to refer clients quickly and effortlessly without the regulatory responsibility, meeting both their own needs and the needs of their clients.
According to Malcolm Guest (pictured), managing director at Source Insurance, Source Go was also designed to enable brokers to refer their clients to a trusted GI provider should they not have the time or desire to advise themselves.
“The Source has a substantial delivery schedule to evolve our GI proposition, delivering significant improvements to our broker customers and their insurance clients during 2023,” Guest stated in a post announcing the launch. “We are not only continuing to work hard to make it easier and faster for brokers to advise, but also to provide our brokers’ clients with best-of-breed insurance cover at the fairest possible price.”
Source Insurance, named GI/Protection Provider of the Year in the 2022 Mortgage Introducer Awards, said the development of the new platform, which was driven by adviser feedback, came at a time when the integration of additional products and services is a necessary step for those within the wider mortgage and financial services industry.
Source Insurance is thrilled to unveil its new platform – Source Go.
— Source Insurance (@SourceInsurance) January 19, 2023
To find out more about our new referral system, visit our press release here - https://t.co/VRfkXW88Xo #HomeInsurance #Brokers #Broker
“The last few years have been hard for our sector in many ways, and brokers have risen to those challenges as they always have,” Carl Oakes, sales director at Source Insurance, remarked. “General insurance has always had an important part to play in meeting consumers’ financial needs but very often, and for a number of reasons, customers inevitably utilise direct providers and aggregators.
“There is a trade-off though between price and quality. Source Go captures the benefits of customer convenience and competitive pricing, while preventing the direct players from cross-selling other products and services that may threaten the adviser’s role.
“That’s what makes this such a compelling opportunity for advisers who don’t currently sell GI, and we look forward to speaking to them over the coming months.”
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