Countrywide's Bib Insurance is the 25th member of the network to join Partner Broker
BIB Insurance, a large broker and financial service provider in the north east, is the 25th Countrywide member to sign up to Open GI's Partner Broker initiative.
The initiative helps brokers develop their business with a panel of insurers by encouraging and rewarding account growth. Benefits include significantly increased commission and rating flexibility and business development support. The addition of BIB brings Partner Broker’s total support commitment to over £6m GWP.
Jacqui Watson, head of personal lines at BIB Insurance, is already recognising the value of consolidating business with a smaller number of insurers. She said: “We do not wish to limit our ability to meet our customers’ needs by moving to only one or two markets. With Partner Broker offering access to a panel of insurers and a range of ‘preferred status’ deals, we can streamline our offering whilst maintaining flexibility and increasing our profit margins.
“Equally important is the business development support that Partner Broker offers. As a business we are keen to grow and increase the number of policies each of our customers have placed through BIB. The expertise of Countrywide’s Business Consultants will be of considerable help in this area.”
John Dawson, head of Countrywide, said: “BIB have been Countrywide members for many years, they are a very successful business and I am sure we can help them to become even more successful through Partner Broker. Partner Broker – Home continues to gain momentum with more members participating and strong GWP growth being achieved. And Partner Broker – Commercial negotiations with insurers are soon to reach a conclusion.”
