New Business Conversions The conversion of a quotation into a New Business is one of the Call Centre’s main objectives. This goal is weighed by a set premium target (e.g.$1,000,000.00) and is representative of the company’s overall Gross Written Premium target.
To provide an acceptable quotation, it is necessary to ascertain as much information from the proposer as possible. Quotations can be calculated manually, or system generated. System generated quotes are presently done in GIMS for all classes of business. Therefore, GIMS provides two methods of quoting:
Quick Quotes: mostly done for private motor on both Third Party and Comprehensive coverages. GIMS Quotes mostly done for Commercial motor quotations (also private quotes) on all classes and coverages.
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