Health insurer Groupama is giving brokers the ability to select the level of commission they earn on all SME business placed with the company.
The provider will offer a variable commission option across the whole of its commercial product range - whether transacted traditionally or online via its Optima Online trading platform. The move will enable brokers to provide a more tailored service to SME customers and will present an opportunity for them to dispense with service charges where it fits better with their trading model. Each commercial product will carry a default commission level but where required, brokers can choose an alternative amount of commission from a specified range subject to premium adjustment. Premiums...
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