E-Trading
DUAL has extended its capability by developing an e-trading proposition for financial and professional risks.
The proposition means that brokers can make DUAL's market leading products available to SME businesses through an extranet solution, providing clients with very competitive premiums in a highly automated and cost-effective way. The underwriting approach has been tailored for e-trading with minimal question sets and referrals. Where referrals do occur, they will be dealt with solely by our highly experienced trading underwriters in our National Business Unit in Manchester within 24 hours.
The products available are:
Management Liability - incorporating Directors & Officers, Employment Practices Liability, Pension Trustees Liability and Corporate Liability
Professional Indemnity
Funds Directors & Officers Liability
Reinsurance Directors & Officers Liability
The Management Liability and Professional Indemnity products will shortly be enhanced with additional optional covers, these being Public/Products Liability, Employers Liability, Personal Accident and Business Equipment, enabling brokers to provide comprehensive solutions to small business and sole traders.
DUAL's extranet solution can be readily white-labelled or co-branded, enabling trading partners to distribute products directly to clients or via affinity partners,
DUAL also has a Personal Accident product. Trading partners with their own "quote and buy" electronic solutions can add this product on to their own system very quickly and cost effectively. DUAL is also keen to extend the distribution of its financial and professional risks products in this way.
We are also developing e-trading solutions to e-trade to distribute our core products internationally and would welcome enquiries from potential trading partners.
Please contact DUAL's Head of e-business, Tim Grant, to find out more about the range of solutions available.