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FIMC has been
involved with Brokers since 1991 and through our training
company FITS and our FIMC software packages we have delivered
best advice to brokers on their software and IT requirements
over many years. We are delighted
to announce the launch of our Broker Business Management System
(BBMS) which creates a practical and simple to use workbench for
brokers needing to maximise the
use of their time in a productive and logical manner. We
have worked closely with selected brokers to ensure this product
saves brokers time and money immediately it is installed in your
office.
The
following introduction will give you a brief overview of the
system and its unique features all of which are designed to
maintain the competitiveness
of the broker operation and improve profit margins.
In
working with Brokers we have identified the following strategic
business challenges
now facing brokers in this marketplace. All professional Brokers
must now :
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Service the Client in a
professional and efficient manner.
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Meet Central Bank
compliance rules.
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Have access to the most
up-to-date Market information for advice and marketing
purposes.
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¨
Make
use of stored Client data to generate Management reports.
We
have identified the following components as essential in
enabling the Broker to survive in the new environment. All
brokers must now have access to:
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A Client Management
Database
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Quotation Software.
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Fact Find Software.
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Active up-to-date Policy
Data.
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Market Research Software.
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Client Reporting Software
linking all of the above.
 While
there are numerous individual applications in the market which
attempt to deliver on aspects of the above none to our knowledge
do so to the same extent as FIMC's new BBMS system.
BBMS
works on an open Windows platform and can interface with other
on-line and off-line applications. BBMS is a fully integrated
Customer Relationship Management Database (CRM) Application. The application can interface seamlessly
with the brokers client policy data downloaded from insurers.
Its unique features include :
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The
input and Store Client Personal & Business information
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The
generation and
Storing of Multiple
Fact Finds by Client
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The
storing of
Client Documents.
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The
generation and
Storing of Client Quotations.
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The
viewing , analysis and summary of active Client Policy Data.
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The
creation of Client
Reports.
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The
creation of Management Reports.
FIMC
has established that under the new compliance regulations a
Broker could spend up to 8-10 hours on delivering a full Client
Report with all the necessary best advice back-up. Using
BBMS we believe a broker can reduce this workload by
70-80% and at the same time create a full and accurate audit
trail of all his/her transactions on behalf of the client. This
feature alone will resolve many of the compliance requirements
which are causing brokers much concern at present.
Currently
FIMC's existing financial software products are used by FBD Life
& Pensions, Marsh Financial Services,
Bruen Life & Pensions, AIC, Pat Treacy Insurances,
AON Beechill, Melvin Doyle Life & Pensions, Campion
Insurances. FIMC's service benchmarking software is also used by
all of the major Life and Non-Life insurers in analysing their
service to Brokers. Our research Library is another
major success with Brokers and is available through our
website www.fimc.ie.
To
Download the Demo version of BBMS ...Click
Here!!
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