RWA is pleased to announce that it has been appointed as the compliance consultancy for Broker Insights.
The Broker Insights platform is set to transform and strengthen the connection between regional brokers and major insurers by matching the right products at the right time with the right customers through a new search database platform. RWA will provide compliance consultancy to Broker Insights and support their data scientists by providing industry advice on regulation and conduct risk that insurers and insurance brokers face, and to supplement and enhance the unique insights generated by the platform’s algorithms.
“Data analytics is the engine of our business”, Fraser Edmond, CEO, Broker Insights states, “Some of the insight from data we highlight for Brokers includes trends which allow the best interests of the client to come to the fore (best premium and cover) and risk mitigation on high volume, low-value clusters. We needed a strong relationship with a gold standard consultancy who would support us with GI compliance and conduct expertise and knowledge. RWA, based on reputation and recommendation, were the first choice.”
Tom Wood, Digital Director at RWA, went on to say: “We share Broker Insights’ passion for technology and its potential to satisfy and improve the interests of the client in the General Insurance sector. Broker Insights’ digital support simply enhances and improves the analogue face-to-face relationship with clients that so many brokers want.
“We are looking forward to supporting their efforts in providing new data management services. Their innovative insurtech offering will be of interest to commercial brokers and we’re looking forward to seeing some positive impact on meeting IDD and good conduct standards from its practical application.”
If you would like to learn more about Broker Insights, please visit https://brokerinsights.com/enquire-now/ or email firstname.lastname@example.org.