Cox subsidiary Boncaster has launched a scheme that enables brokers to outsource the administration of their personal lines business.
The scheme, called "Insurance Services" offers brokers the opportunity to generate income from their personal lines and affinity scheme leads. The scheme also offers commission, which is negotiable depending on the volume and quality of the business generated.
Insurance Services is backed by a panel of insurers, selected to ensure that policyholders receive good service and competitive premiums.
Cox business development manager Jason Logan said: "Taking into account the forthcoming effects of greater regulation and compliance, there is a growing number of brokers who are thinking long and hard about the way they develop their business.
"The Insurance Services brand not only provides a ready-made solution for brokers to transfer the administration of their existing schemes, it also provides brokers with the service and support to pursue new scheme opportunities."
