Professional Back-Office.

If you are thinking of setting up your own insurance brokerage, there will be a thousand things on your to-do list. Bringing in business will be a top priority, but what about all those support functions you need to underpin your brokerage and prime it for the best chance of success? Accounts, marketing and business development functions all need to be put into place, as well as IT systems installed and Management Information (MI) produced so you can see if you are hitting your targets.

Why not make life easier by enlisting the support of a professional insurance business support team – a team that has spent the past 10 years developing the perfect business back office. Then, you can take your excellent sales record and technical insurance knowledge and start to grow your client list and establish yourself in the market.

Systems that work for you

Acturis

Momentum provides all of our partners with Acturis, an award-winning insurance software solution. It is also used by some heavyweights of the insurance world, such as Aviva and Axa. We love it because it’s an end-to-end solution, so we can use it across all our departments, from accounts to underwriting. It’s also quick and reliable and we can tailor it to meet the exact needs of our broker partners.

Management Information

Whether you are building a business or expanding an established one, you need to know how your business is performing. Our MI reporting function gives you insight into what is happening with your clients. Our qualified business analysts will build dashboards so you can easily access your business information. We’ll also provide you with benchmarking tools so you can see how your business is doing compared with other Momentum partners.

Professional head office functions

Accounts

Our finance team are here to deal with all of your accounting requirements. You won’t have to deal with client money as all payments will come directly to us. We’ll also take care of insurer reconciliation and payments. All payment activities are recorded centrally on Acturis, a market-leading insurance IT system. Using a digital process lessens the chance of losing documentation and reduces error rates.

You’ll benefit from:

  • Transparent reporting and settlement
  • Real-time MI that shows your earnings – no surprises
  • Full audit trails for all transactions
  • Secure payment facilities via Premium Credit
  • Credit control reporting

Why Momentum?

Our operations team is full of experienced brokers, underwriters, project managers, business analysts, accountants and marketing professionals, all ready to provide you with premium business support. We understand the challenges you face and the job you do because we’ve done it ourselves. We can communicate with insurers on your behalf in their language, ensuring we get the best result for your business. Got a problem? We’ll look at it for you and help you solve it.

We know what a professional head office should look like, and we have created it at Momentum. We won’t just give you access to systems and send you on your way; we’ll give you the business support you need to develop a successful brokerage. If you want to know more about our services, our team will happily talk to you about your requirements and how Momentum can help.

Switching to Momentum resulted in a significant uplift in our GWP growth and helped secure some substantial new business through their market relationships.
– Pete Phillips, Intellectus Insurance Brokers