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Insurance Solutions Presented By: Nicholas Graham – Director Graham Locke – Associate Director Ferda Tarzi - Logo Mümessillik
Strategic Insurance Services Ltd Strategic Insurance Services  2 Over 10 years  experience in the banking sector Fully licensed independent Lloyds broker – EU authorised Access to widest international insurance/reinsurance market  but with local servicing. Binding authority – speed of response Individual product design and innovation Lower cost base than larger insurers – competitive premiums
Banking Clients Strategic Insurance Services  3
The Approach           Strategic Insurance Services  4 Consultative – no “off the shelf” products Products  designed to meet client requirements:  ,[object Object]
Customer Demographic
Competitors
Market Segment
Available Budget,[object Object]
Promote Customer Loyalty
Increase Utilisation
Product Innovation
Unique Selling Points
Provide value for Money
New Card Launch,[object Object]
Consumer Protection
Customer Loyalty
Convenience  ,[object Object]
Strategic Insurance Services  8 Product Development -  Mid Market Segment Gold Cards           Higher card fees, cosmopolitan, more affluent but commercially aware  - looking for best deals ,[object Object]

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Credit Card Innovation

Editor's Notes

  1. Started out as a niche Affinity Group Broker and over the life of the company really have kept quite close to that script – except that we have become more of an Underwriting Agent BUT with strong Broking links .As a Broker ,based in the heart of London’s International Market Place, we have access not only to Lloyds, but also to the International Insurance Companies who have Offices in London to underwrite the Global Insurances & Reinsurances that get offered. To date we really only broker bespoke A&H business. We have found that with the experience and book of business that we have developed that Insurers are happy to trust us to underwrite certain classes of business on their behalf and this in turn allows us to provide a very personal and efficient service to our Producers.The personal approach that we try and adopt means that we will take the time and trouble to help clients design programmes that are right for them / the client.The most important thing though is our willingness to try something new and to be innovative.
  2. As you can see we do work with some diverse Banking Clients – most of the relationships are indirect i.e. We are contacted by an entity acting as an Introducer.We are the underwriters that sit behind the products that the Banks chose to adopt – Expatiate Health Insurance is endorsed by Lloyds TSB Intnl/ Car Rental Insurance & Purchase Protection is purchased by RBS Intnl on behalf of its Bank ACCOUNT (not Credit Card holders).Internationally , we have a presence in : Spain / Iceland / Cyprus / CEMEA region for VISA / now quoting for Banks in the Benelux countries.