Vero’s affinity offering gains traction
Promina Group subsidiary Vero Insurance says it has picked up two key customer accounts as a result of establishing its Vero Affinity business unit, which was tasked with developing appropriate wordings and policy coverage to match the needs of brokers and clients.
Vero Affinity general manager Tremayne West said establishment of the business unit had been well received in the market, and that as well as winning two key customer accounts requests had come through to refine the Affinity solutions for several others.
“Not only are we focused on tailoring insurance solutions for the members of associations, but we also concentrate underwriting and process expertise to develop simplified solutions for both the broker and the association,” he said.
West said Vero added value to the affinity proposition for both the association and broker by including valuable services such as marketing assistance, training and detailed reporting of portfolio performance.
AUTHOR
Mike Taylor
Recommended for you
The FSCP has announced its latest verdict, suspending an adviser’s registration for failing to comply with his obligations when providing advice to three clients.
Having sold Madison to Infocus earlier this year, Clime has now set up a new financial advice licensee with eight advisers.
With licensees such as Insignia looking to AI for advice efficiencies, they are being urged to write clear AI policies as soon as possible to prevent a “Wild West” of providers being used by their practices.
Iress has revealed the number of clients per adviser that top advice firms serve, as well as how many client meetings they conduct each week.
