S&P improves its introducer service

Select & Protect today launches an improved introducer service where brokers can register with the firm to pass their home insurance customers to one of its sales team.

The service is free to use and pays commission to the introducer for every sale.

Brokers will receive 17.5 per cent commission on standard policies and 22.5 per cent on non-standard policies, in the first year. They will also receive 17.5 per cent a year for both standard and non-standard policies if the customer renews.

S&P managing director Bruce Reid says: “A simple registration and referral process alongside service enhancements, for example an email that tells the introducer every time we have made contact with their client, are just two of a series of developments that have been delivered as a result of understanding exactly what a broker would want to see when they entrust their clients to us.”