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01383 511442 |
86 High Street |
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Background
Abbott Insurance have a panel of sub-brokers that can take advantage of the schemes and agency agreements they have in place with niche suppliers. This is particularly the case with the combined liability insurance products. Two approaches are available - Sub-Brokers and Introducers. Abbott Insurance do not have any Appointed Representatives. Further discussion and explanation regarding the regulatory status and duties will be required before Sub-Broker or Introducer arrangements can be agreed. |
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Sub Brokers Sub-Broker arrangements are where you remain as the client facing broker and retain 'ownership' of the client. Commission is negotiable but you will retain the right to add your own fee. Sub-Brokers must be authorised and regulated by the Financial Services Authority and must have a signed agreement with Abbott Insurance before cover can be placed. Forms
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Introducers Introducer Agreements are where the Introducer gives the lead to Abbott Insurance. Abbott Insurance take the client facing role and 'own' the client. Introducers fees are available. Introducers are not permitted to give advice or assist in the administration of insurance contracts. Insurance Introductions would be incidental to your main business activity. Forms
Mortgages Specialist mortgage services are available from mortgage brokers such as IVA Mortgage Brokers and CCJ Mortgage Brokers Forms
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Authorised and Regulated by the Financial Services Authority |
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