Groupama creates tailored SME service for brokers
Groupama Insurances has launched a variable commission option across the whole of its commercial product range
The insurers said that whether business is transacted traditionally or online via Optima Online, the company's extranet trading platform, the move would enable brokers to provide a more tailored service to small to medium sized enterprise (SME) customers and also enable them to dispense with service charges where it fitted better with their trading model.
Malcolm Smith, Groupama Insurances' commercial lines director said: "The current remuneration structure for commercial insurance is extremely
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