New Distribution Model For Insurers, Insurance Brokers And Intermediaries

The new way of secure commissions the classic Commission models applied to pay make usually both represent a risk for the insurer, as well as to the intermediary. The insurance financed and risked for a cancellation, that the insurance agent can not pay back the Commission. The agents in turn risked a collection procedure, should he suffer from a liquidity squeeze. The intermediary can minimize this risk by keeping its Commission payments ratierlich. This leads to the problem that this affects the income from his commissions. Sales reluctance is the resulting sequence. Commission factoring expands the portfolio of bcn (business connecting network) – the new way to the secure commissions! Conversations showing since summer 2009 with factoring companies, that most of the companies neither on a common model for this type of factoring, still has special know-how, to develop this area for themselves. ERGO has our Partner, the CMT AG, met with the development of your Commission payout model exactly in the black.

Talks are well advanced, so that is to be expected with the introduction of Commission factoring of of CMT AG business connecting network starting in January 2010. The parallel talks with major German insurance companies have caused a reaction of enthusiasm to euphoria. The mentioned companies have recognized immediately that here a classic win-win situation, in which the Broker receives a cancellation-safe merit as well as insurance companies can work minimized risk and own capital-friendly. Further information on the subject of pension provision under: fondspolice.shtml press contact: bcn – business connecting network Mr. Ralf Hettinger diesel road 2 61381 Czemins village, mobile: + 49 (0) 157 – 74 20 79 59 Tel: + 49 (0) 60 07 – 28 92

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