Talk to the right people
You want to talk to Financial Advisers about your products but there are tens of thousands of people and you probably don’t have the contact details for the majority of them.
And they keep moving around, making it really hard to keep the information up to date, particularly if you are relying on account managers to do so. They are relationship developers and sales people, data admin is rarely high on their priorities!
Imagine your sales and marketing teams having access to an always accurate and up to date list of people for them to contact, leaving them free to focus on what they do best.
We know which firms advise clients on your products, and whether an advisor advises on products related to investments, mortgages or both so your distribution effectiveness can take a huge step forwards.
Make sure Advisory firms have the right permissions
How sure are you that the firms that are introducing business to you have the right permissions? Due diligence is usually undertaken when the agency appointment is first made, but firms’ permissions change.
Do you want to wait until the next review (if periodic reviews are conducted), or would you want to know straight away? We can make sure you always know whether a firm has the right permissions to write business with you or not.
Reduce indemnity Exposure
Phoenixing firms and bad actors in the industry can have a negative impact on the financial performance of protection providers in particular, but there are ways to reduce or even eliminate the risk.
We identify:
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Persons of Significant Control at each firm as well as those on the FCA Register/Directory
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Firms that have Phoenixed
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Firms that apply to cancel their FCA registration
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Firms that have fines or other censures
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The full history of where everyone on the FCA Register/Directory has been previously regulated/certified
This means you can act quickly to reduce the business risk from firms that might cause problems in the future.
Build Relationships with new firms
Talking to newly established firms before your competitors do so gives you the best chance to build relationships and win their trust and business.
Our Alert products give you all the information you need to do just that.