New Motor Trades Solutions scheme set to improve business efficiency

Motor Trade Solutions is offering brokers a new way to do business, which it hopes will cut down on...

Motor Trade Solutions is offering brokers a new way to do business,
which it hopes will cut down on administration and reduce debt risk.


Under the new arrangements, MTS's sub-brokers will act as partners, rather
than agents. MTS will deal with the client directly, collecting documents
and financial payments, but the broker partner will continue to be paid
commission at policy inceptions and renewals. Though effectively an
introducer fee, commission levels will be the same as for agents.


The new

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Broker Insights launches in the US

Insurtech Broker Insights has launched in the US following research and collaboration during which time it analysed almost $1bn (£770m) of gross written premiums.

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