Purple and Allianz Launch “Small Business” Facility

Purple Partnership has joined forces with leading insurer Allianz to launch a new “Small Business” proposition for its members which provides an enhanced version of Allianz’s established Complete product range, including Complete Retailer, Complete Office (including surgeries) and Complete Business.

In addition to market-leading cover and a dedicated servicing team, Purple’s members will have access to a range of value-added offerings and a streamlined process to improve client retention and generate new business.

According to Mark Lavington, Director of Boshers Ltd, a member of Purple, "The Allianz small business facility offers a fantastic opportunity to improve the financial performance of a key segment of our client portfolio, without the constraint of forcing us to consolidate our entire book. This offers Boshers a competitive advantage, whilst delivering superbly for our clients. It's a winner".
 
Les Brewin, Purple’s Commercial Director, explained, “Several of our partner insurers expressed a keen interest in backing what is a key Purple product and we’re confident that the Allianz proposition provides our growing membership with an unbeatable SME offering.”

Chris Everett, Development Manager at Allianz Commercial, added, “We are delighted that we can now offer our market-leading SME solutions to the Purple Partnership. We believe that this will be a highly successful facility for Purple members, with whom we are building a strong partnership, and look forward to growing a profitable account.”

‘Purple’ is the ideal solution for start-ups

Start-up broker Covered Insurance Solutions is going from strength to strength. Since Mark Simpson and Damian Chapman launched the business in January, they are already on track to exceed their first-year target. Going that extra mile for clients coupled with membership of the Purple Partnership is proving to be a winning combination.

The Purple Partnership is a network created in partnership with the Jelf Group and a range of leading insurers in 2008 to help insurance brokers maintain their independence while gaining access to the markets, products and service enjoyed by “the big boys”. What differentiates Purple from other networks is the tripartite relationship between members, the insurer panel and Purple; a mutually-supportive business partnership.

In the current economic climate, many would-be entrepreneurs might delay realising their dreams of “going it alone”. But Mark and Damian believe they provide the ideal solution for SMEs – personal service along with expert advice on leading products. With 15 years’ combined experience, most recently with Axa Solutions, joining Purple allows them to offer what is out of reach of many start-up brokers – access to a range of quality insurers and products, including niche products such as specialist marine cover which is particularly important in the Portsmouth and Southampton region where they are based.

According to Mark, “The economic climate hasn’t stopped people wanting to protect their businesses; in fact we’ve found just the opposite. The main driver, now more than ever, is to secure the best cover at the right price. Our membership of Purple gives us the ability to deliver on that, plus we receive far better service from insurers, which we can pass onto our clients. Purple has made a significant difference to our business, compared with our experience as a sole trader.

“When we decided to set up on our own we knew we wanted to be part of a network. Purple offered the best proposition and were the most responsive to what we needed. It was a straightforward, win-win decision. I don’t think we would be where we are today without being part of Purple.”

Les Brewin, Commercial Director of Purple Partnership, added, “Purple is an ideal solution for start-ups. Members have the advantages of being part of a larger organisation, yet are free to operate and grow their business as they choose. Plus, they know Purple is right behind them to provide support when they need it. Mark and Damian have hit the ground running and are on course for a very successful year. We’re glad to have them on board.”