Azur is launching Smart Home, a home insurance product that allows brokers to compete against direct insurers. Whilst clients with higher valued homes and contents trust the advice of their brokers, they still seek a competitive product offered by direct insurers.
To help support their broker partners, Azur’s Smart Home is a comprehensive product that gives clients blanket buildings cover, unlimited contents and global all-risks cover, as well as tackling emerging risks with the addition of Personal Cyber cover. The product is also warranty free.
Smart Home is the first of many Azur products that will be made available on the Azur Hub. Launching at the same time as Smart Home, Azur Hub is the first technology solution for the Azur broker community. The self-service hub has been built to automate quoting and policy issuance and has been designed to significantly improve the user experience.
For Smart Home, the Azur Hub leverages openly available third-party data to reduce the number of questions that brokers have to ask their clients. As a result, brokers can typically quote and bind in less than two minutes.
Kate Wells, Managing Director of Azur, comments:
“It has been an interesting journey to get to where we are, but we are finally ready and very excited to launch Smart Home and the Azur Hub to our brokers. Our insurance solution, Smart Home, will help brokers compete against direct writers and our Azur Hub technology solution will significantly improve brokers’ ability to quote quickly. Together, these two offerings will not only help our brokers to grow their business, but also to improve efficiency within their teams.”