ico-about ico-settings ico-how ico-product ico-support ico-person ico-addon ico-addon ico-building ico-download ico-emergency ico-expenses ico-secure ico-gadget ico-facebook ico-linkedin ico-twitter ico-education ico-calculator ico-summary ico-faq ico-gold-refer
Image of Page Logo

QUOFORMA+ SYSTEM GUIDE (B&C)

STEP1

BUILD

We have designed our quote system so the first stage is a quick “click and select” process. This allows you to give us some key information to indicate which insurers may offer cover and an initial indication of a premium.

 

STEP2

REFINE

Stage two asks for further client and property information such the valuables cover required, specified items, locks and claims details that will further refine and personalise the cover and premium based on the clients needs.

STEP3

QUALIFY

The third stage requires confirmation of our underwriting questions and your client may be asked additional questions for more details. In a lot of instances, cover can still be available through the Quoforma+ portal on one of our standard policies but occasionally, we may not be able to offer cover. In these instances, we have other insurers we can call to discuss the client’s requirements and to source cover for you.

STEP4

COMPARE

When the first 3 stages are complete, you will see your panel of quote results. You can amend selected cover options here including:
- Adding / removing legal expenses and home emergency
- Adding / removing accidental damage
- Add or amend a voluntary excess
- Look to reduce the premium by including a commission sacrifice. NB: If you sacrifice over 25% of your entire GI business across all providers, this wil generate additional reporting to the FCA as you may be deemed a 'price setter'.
It is also at this stage, you can view and print your quote illustration, export the quote results for your research evidence and if you need to, create a Demands and Needs document.

STEP5

CONFIRM

Stage five requires you to confirm the final information required on the policy including noting any lender interest to the policy, client contact details, your clients choice of monthly or annual payment options and how they would like to receive their policy documents.

STEP6

SUMMARY

This page allows you to view a summary of the full details you have submitted into the system in order for you to check the information is correct. If you need to need to change any details, you can navigate back into the system to make your changes and then proceed through again before you insert a start date, state if your clients want to 'opt in or opt out' to automatically renew and submit your clients policy.

STEP7

COMPLETE

The final stage of the Quoforma+ system confirms to you that the policy has been submitted and a policy number generated. Your clients policy documentation including their policy schedule will be automatically generated in pdf format that you can save to your client file or send to the client or solicitor; immediately if you need to. Click on the home button in the top right hand corner and you are back to your logged in Home page to use again - simple!