Your client’s clock ticks twelve times. Yours strikes once, on the same annual terms as any placement you do, on every policy Attsure writes. Drag the arch to run a year past.
Full commission on annual terms, whichever month the client is up to.
Monthly is part of the Attsure policy. There is nothing to opt into, nothing extra to sell, and nothing sitting on the side waiting to be reconciled.
Twelve instalments is how your client pays, not what they buy. Term, wording and cover are the same as any annual policy you place.
Full commission within agreed payment terms, exactly as on a standard annual policy. Nothing drips in month by month for you to reconcile.
Ivory Insurance receives the full annual premium within agreed payment terms. Attsure carries the twelve collections from the client.
Charges, account details and correspondence all present Attsure. No second company turns up beside you in front of your client.
No premium funding form for you to chase, and no second counterparty credit-assessing your client. It is on every Attsure policy by default.
Commission is clawed back pro-rata. Cancel after four months and eight-twelfths goes back. It settles within about a month.
Usually the second question in the meeting, and fair enough. The short answer is that the credit risk is ours, and it stays ours.
Attsure works with the client on catching up. The first move is a call about a payment plan, not a cancellation notice.
That line is real. The client is told plainly where it sits well before they get near it.
Premium for time on risk stays payable by the client. If it cannot be recovered, that is Attsure’s problem. It is never clawed out of your commission.
Monthly usually arrives one of two ways. Either your commission drips in month by month and you spend the year reconciling twelve payments per policy. Or premium funding gets bolted on the side, which is a second application, a second counterparty and a second thing to go wrong in front of your client.
Attsure does neither. You are paid as annual, Ivory Insurance is paid as annual, and the credit risk of collecting twelve instalments stays with us.
We’re still in closed testing. The brokers who come in now get a real say in how this works. Fill in the form and we’ll review it, then get you on as soon as we can.
Prefer to talk first? Contact the team