Software built for insurance brokers and wholesalers
Scheme Trader is designed for brokers and wholesalers with mainstream and niche schemes. It provides an end-to-end solution that is accessible securely from any location via a web browser.
Over the past 10 years Scheme Trader has been used to manage the complete life cycle of 1,000,000s of personal lines and commercial policies. All installations share a single code base with monthly updates to ensure all our clients stay up to date.
POLICY MANAGEMENT
Scheme Trader manages the full policy life cycle including quotations, creating policies, amendments, cancellations, account adjustments, generating policy documents and renewals. All key tasks have a full audit trail and automated KPI and exception reports can be configured to track key processes.
RATING ENGINE
Scheme Trader’s powerful rating engine can be used to rate any type of risk – from simple single rating factor products to more complex multi-property commercial insurances. The rating engine has full version control with an audit trail for all changes. Authorised users can view each step in a rating calculation and process referrals.
DOCUMENTS AND NOTES
In addition to the production of bespoke policy documents of any type, Scheme Trader allows all incoming policy correspondence to be to be attached to a policy record and securely stored. Combined with the configurable diary and notes features, this ensures that paper files are a thing of the past.
Key features and benefits…
ANY LINE OF BUSINESS
Supports any line of business. Standard and niche motor, property, motor fleet, commercial lines, liability, pet, caravans, gap, etc.
FAST SYSTEM CHANGES
Need a system change? We agree an SLA with all our clients so that important system, rating and document changes are delivered fast.
MONTHLY POLICY SUPPORT
Supports rolling monthly insurance contracts with payment via direct debit. New policy periods are created automatically each month.
TAILORED TO FIT
One size rarely fits all. We work with our clients to adapt Scheme Trader so that it fits user requirements and processes.
ONLINE QUOTE AND BUY
Want to sell online? Scheme Trader has a B2C quote and buy module that can be used for any line of business with payment via credit or debit card.
CUSTOMER PORTAL
Using Scheme Trader’s customer portal policyholders can access documents, set marketing permissions and even renew their policy.
BESPOKE QUESTION SETS
Unlike some systems, the data capture questions are bespoke. Whatever information you need to rate on a question can be added to capture it.
MULTIPLE SUB-SCHEMES
For each line of business Scheme Trader supports single schemes, sub-schemes and multiple schemes from a panel of insurers.
MANAGE YOUR OWN USERS
ith Scheme Trader you control who has access, what they can access, their authorisation level and where they can login from.
FLEET POLICY SUPPORT
Scheme Trader can be used to manage motor fleet business with policies ranging from 1 to 20,000 vehicles.
Feature not listed?
Can’t find the feature you’re looking for? No problem, Scheme Trader is a flexible solution that can be adapted to fit in with bespoke requirements and processes. Features from Underwriter Plus can also be incorporated within a Scheme Trader installation. These include multiple trading models, integration with other systems, audit and exception reports, broker accounts, MID integration, broker / agent management screens, bespoke reports and declarations, accounting extract files, import of claims data, carrier login for remote audit, B2B policy registration portal, migration of existing policy data and real time MI.
Find out more about Underwriter Plus