Did you know you can instantly validate insurance premiums and generate insurer quotes directly from Risk Researcher without manually re-keying data into external provider portals?
Why?
A common pain point for paraplanners is the time spent generating quotes across multiple systems. Discrepancies usually happen when you quote on an insurer's system first and then try to replicate the results back in Xplan.Â
By constructing your recommendations in Risk Researcher first, Xplan interprets your recommendation into each insurer's specific quoting approach for you. This ensures your comparisons are accurate, equitable, and pre-populated without the double entry.
Once you are ready to produce the formal quote for your proposed product, with one effortless click of the 'Premium Validation' button, Risk Researcher will trigger the seamless process of accurately recreating your quote inputs to pre-populate the Insurer's system.Â
How?
- Build your insurance strategy within Risk Researcher.
- Select the product you want to verify.
- In the Additional Information panel, click Premium Validation.
- Risk Researcher will recreate your quote inputs to trigger the formal insurer quote.
You can then generate the specific insurer report to get the formal product quote.
💡Pro Tip
This is a massive time saver for validating your alternatives. Instead of screen-hopping between portals for "alternative 1" and "alternative 2," just run the Premium Validation for those products directly in your list. Clicking "Save to Scenario" ensures these precise figures are saved to the client record and can flow through to your advice documents, keeping everything perfectly reconciled.Â
Who else has been doing these quotes the long way and is keen to try this out?
