Wholesale provider Cavere Intermediary launches – Insurance Age

Technology-driven business aims to disrupt the market.

Cavere Group has launched Cavere Intermediary, a technology-driven provider offering wholesale insurance products to brokers and intermediaries.

The business noted that it is backed by A-rated insurers in the UK and its product range currently includes home, landlords and tenants, personal accident, travel and non-standard insurance cover.

According to Cavere, which describes itself as a disruptor, the new firm embraces the latest advances in technology to deliver improved flexibility, capability and efficiency to assist brokers while offering “transparency” and end-to-end policy administration.

Brokers
Paul Thompson, chief executive officer and founder of Cavere commented: “We have built this business to address what we see as a glaring gap in the market for an independent technology driven GI provider offering the execution capability to deliver one system and one administration process for a wide range of products.”

He continued: “At a time when customer loyalty is vital, the focus of Cavere is to work in partnership with brokers and intermediaries to ensure they get right first time solutions for each customer and their individual needs and risks.

“We offer fast, smooth transactions, streamlined quotations, and simplified slick policy administration, as well as online product knowledge training to give brokers and intermediaries the edge in a competitive market – responsive engagement, faster decision making and improved customer experiences.”

Ida Axling – News Editor, Insurance Age

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Shake up in GI as Cavere raises the stakes – Mortgage Introducer

GI expert Cavere Group has launched Cavere Intermediary (CI), a competitor to the likes of Uinsure, Source Insurance and Berkley Alexander.

The new master broker hopes to shake up the market with its technological background and access to A-rated insurance brands.

Cavere Intermediary works on a sole provision basis, where it supplies different brokers with one provider for home insurance and contents. The insurance providers are said to give better rates as a result.

Paul Thompson (pictured), chief executive and founder of Cavere, said: “We have built this business to address what we see as a glaring gap in the market for an independent technology driven GI provider offering the execution capability to deliver one system and one administration process for a wide range of products.”

And he added: “The focus of Cavere is to work in partnership with brokers and intermediaries to ensure they get right first-time solutions for each customer and their individual needs and risks.

“We offer fast, smooth transactions, streamlined quotations and simplified slick policy administration.

“Not only that we provide online product knowledge training to give brokers and intermediaries the edge in a competitive market – responsive engagement, faster decision making and improved customer experiences.”

For now its product range includes home insurance, landlords and tenants insurance, personal accident, travel and non-standard insurance cover.

Magenta, Cavere’s proprietary system, works at the back end, to help with administration for both brokers and clients.

Ryan Bembridge January 25, 2019 – News Editor, Mortgage Introducer

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