How LM TOM benefits me

Broker Benefits

Practitioner Benefits Saves me time for generating new business / focusing on more value-add work Supports my face-to-face negotiations and conversations during placement or post bind activities
View Market Benefits
I no longer have to sort and carry paper around - paper replaced with electronic files
I don’t have to track emails manually - all correspondence through PPL is automatically tracked
I can access risk negotiation information instantly online
My turnaround time for quotes, firm orders and endorsements is much quicker
I don’t need to repeat requests for quotes – an online quote can be seen by all selected carriers
I can copy and update the original risk from PPL at renewal to speed up the renewal quote process
I can work flexibly as I can access PPL even when I'm not in the office
I have real time online tracking for the progress of my cases in a single place
View Market Benefits
I no longer have to do non-fundamental splits and London Premium Advice Notes (LPANs)
I have a consistent submission process for Bureau submissions and peer-to-peer transactions
There are fewer Bureau queries for me to resolve
I no longer need to resolve carrier queries, they are directed straight to the carrier
View Market Benefits
Data in a digitised format means my clients can benefit from faster policy fulfillment
View Market Benefits
Common data definitions mean I spend less time addressing inconsistencies
Any data disputes are easier for me to resolve against a single source of truth
View Market Benefits
I have access to a central source of mapped, transformed and validated coverholder data
I get more consistent data with fewer gaps for improved MGA / coverholder portfolio management
My data quality standards and contractual integrity are higher