Cobra launches exclusive e-trade quote and bind facility

Cobra Network has launched a new e-trade quote and bind facility, available exclusively to all Cobra Network members, helping to make it simple and efficient to place business.

With many brokers having to spend hours keying details into multiple insurer systems and market access getting more difficult, the new quote and bind e-trade facility, CobraQuote, launched by Cobra Network, enables members to quote, buy and manage their e-trade business easily and simply from one source.

Intuitive and easy to use, CobraQuote runs on the Acturis platform and can be accessed via a unique online login. Free to all Cobra Network members, it gives access to a broad panel of insurers and products, giving members the ability to quote and bind e-trade product classes such as Property Owners, Tradesman, Shops, Offices, Commercial Vehicle, Commercial Combined, Pubs & Restaurants and PI Combined.

Designed to help members stay competitive by giving them more choice of products to offer their clients and save time by operating through one system, CobraQuote can be operated remotely, providing highly efficient quote turnaround within minutes via a simple exchange of information, with easily accessible documentation.

Against a backdrop of reducing agency bases and increased premium limits for direct agency access, CobraQuote plays an integral role in the expansion of the Cobra Network Broking Desk. Formed 18 months ago the Broking Desk is helping to fulfil Cobra’s commitment to make it simple and efficient for members to place business. Providing members with a much-needed route to markets, it offers access to an exclusive wholesale broking facility, widening their choice of markets for their clients.

Speaking about CobraQuote and the decision to invest significantly in this digital route, CEO Andy Tedstone said, “Helping our members get access to markets has always been a priority for us. We listened to our members’ needs and we understand their growing challenges. Whether or not you’re in a network, the appetite for agencies is reducing and we have developed a solution that plugs these gaps.”

“CobraQuote gives our members access to products and prices that many would not be able to get on their own, while saving them time and effort. Now, instead of using multiple systems, they have one system to go to, which is a huge time-saver and offers a distinct advantage, according to our broker research.”

Cobra Network is a leading network of independent insurance brokers that has been focused since 2003 on helping independent brokers meet their challenges by opening up new opportunities. The network’s buying power and industry experience enables members to leverage a wide range of benefits, products, and services, enabling them to compete more effectively in an increasingly demanding marketplace. Just recently, the network has refreshed its proposition and been successful in growing membership numbers, more than doubling in size since the acquisition by PIB Group in 2019.

To find out more about membership of Cobra Network and benefit from the new e-trade quote and bind facility, please visit https://cobranetwork.co.uk/

Alternatively, to apply for membership, please call 0330 058 9690 or email info@cobranetwork.co.uk