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Insurer Partnerships (Reporting (Insurer by Insurer) (Data verification…
Insurer Partnerships
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Partners
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Fees are better than comissions due to commisions being recouped if the policy is cancelled. Therefore it makes sense to do things like. Policy £1,000, fees 7.5% then a £20 account opening fee. As that 2% can't be recouped by cancellation
All of their partners are 'net rated' i.e. they want x amount and commission after that can be chosen by the broker
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