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Serving the Short Term insurance industry

We offer a complimentary range of services which bring value to Short Term Insurance Intermediaries and other participants in the industry.

Our Services not only provide opportunities to ease the administrative burden of premium handling and management, but also to bring value to your clients.

Insure Group Managers Range of Services

Ideal administration of collections and payments for the Short and Long term premium as well as non-insurance collections.
Benefits:
  • Perfect for non-IGF Intermediaries.
  • Alleviate the administrative burden of collections and payments.
  • A dedicated Service Consultant supporting your valuable portfolio/s.
  • Daily reporting of all your account movements.
  • Flexible debit order strike dates accommodating your business needs.
  • Support to your business in adhering to relevant regulatory compliance.
  • Experience full control and visibility through the processing of your files on a state of the art on-line Collections system, fully compatible with all insurance policy administration systems.
  • Competitive pricing tailored according to your individual needs.
Premium Finance
Ideal for Short-term insurance Brokers looking to improve their cash flow utilising this seamless financing option.
Benefits:
  • Receive upfront commission payments
  • Reduce administration and bank charges through our one-stop payment plan, making a single payment for multiple Insurer premiums.
  • Flexible repayment options for your Insured Client.
  • Save on cumbersome paperwork and let us handle the agreement with your Insured Client.
  • Consider this service to offer as an annual premium payment alternative for your clients thereby giving you a competitive advantage

Supplementary to our Collection Services:

NAEDO
Ideal for businesses operating in the lower LSM market administering high volumes of low value collections.
Benefits:
  • Significantly reduce your rate of returned (unmets) debits through the track and recover functionality.
  • Resulting in improved success rate of collections.
  • Compliant with the Payments Association of South Africa (PASA) regulations.
  • Perfect for sales centres or similar type business environments.
Forex
Ideal for businesses needing to manage premiums in a foreign currency without the burden of foreign exchange management.
Benefits:
  • Enjoy attractive rates in relation to other financial institutions.
  • Perfect for non-IGF intermediaries.
  • Perfect for Lloyds Cover Holders/OMC, and or Non-Lloyds Cover Holders/OMC.
Claims Handling
Ideal for intermediaries looking to increase their customer service delivery through the fast tracking of claims payments.
Benefits:
  • Enjoy the benefits of claims management through a segregated platform.
  • Salvage deposits and First Loss Floats can be managed in separate accounts for easy reconciliation.
  • Advantage of interest sharing in the bank account balance.
Finance Solutions
Ideal for intermediaries requiring financial assistance to fund broker acquisitions, cell captives or other business requirements.
Benefits:
  • Financial freedom to grow and expand your business without impacting on your existing cash flow or working capital.
  • A finance option whereby the goodwill you have worked to build in your business, gets recognised.
  • Available expertise to assist you with strategic acquisition decisions and structuring.
Innovative Solutions
Ideal for intermediaries looking to increase their customer service delivery through the fast tracking of claims payments.
Benefits:
Insure Group Managers prides itself as an innovative financial services provider focused on continuous research and development to refine our financial service offerings and the technology platforms on which to deliver these.

Find out what we can do for your business

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