Benefits

benefit

Features & Benefits
- For the Underwriter/Intermediary

  • Provides underwriter with a cost effective means of collecting customer’s monthly premium payments which is PCI compliant.
  • Reduces administrative costs while freeing up valuable time and resources.
  • Underwriter receives full annual premium at 30 days from inception date of policies.
  • Introducer receives full commission/incentive based on annual premium at renewal/inception if applicable.
  • Retention rate high with easy rollover at renewal.
  • Monthly premiums are collected on due date and dishonours actioned on day of dishonour.
  • No need for dedicated staff to handle PBTM queries. QPR has 10 years’ experience in this field.
  • Web based – user friendly, 24 hour unlimited access.
  • Meets APRA requirements.
  • Integrated systems handle all aspects of underwriters interface with client’s endorsements, cancellation etc on the basis of Master (Insurer) and Slave (QPR).
  • Flexible integrated system able to handle all aspects of underwriter’s interface with
  • Customer’s premium variations.

Premium Funding Benefits

  • Interest rates are fixed for the term of the loan.
  • Retain working capital in your business.
  • Application is fast and simple.
  • No additional/on-going fees.
  • No additional security.

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