Wholesale
Brokers
We Handle the Day-to-Day Tasks, You Focus on Expanding Market Reach
Home / Insurance Outsourcing / Wholesale Brokers
Transform Your Operation
Attracting retail agents requires having the right markets and working with you easily and efficiently. Moving from clearance to policy issuance must happen seamlessly, without too many touchpoints. Staff Boom understands how important this is to your overall success and profitability. Your brokers need to spend their time strengthening relationships with retail agents and carriers, leaving the data entry to Staff Boom.
Faster Policy Issuance & Renewals
Our insurance-trained members will serve as your dedicated team to execute all your back-office functions. You focus on sales while we handle the paperwork.
Clearance
Entering new client information into your management system to verify the insured does not already exist for a different agency and/or broker is a key first step in the submission process. We understand how to differentiate between various lines of business to validate the clearance.
Policy Typing & Issuance
Transferring data from the quote and binder into the declaration pages is tedious and time-consuming. Whether it’s inputting premiums, policy fees or correct effective dates, our detail-oriented employees work diligently to ensure policies are issued correctly with the proper forms attached. We immediately notify your team if there’s missing info and follow up for receipt of updated information.
Inspections
Our highly skilled reps will order the inspection from your vendor and follow up to verify the report was received, review the instructions on the report, create pending tasks as needed and attach all documents to the file.
Filing & Document Mapping
Your staff’s time should not be spent filing various documents to the client files and mapping documents to corresponding policies and submissions. Let us take care of these tasks for you. You’ll get the required documents attached to the corresponding files along with a uniform process for document storage, making it easier for your brokers to locate documents within the file.
Custom Solutions for Complex Risks
Wholesale brokers dealing with high-risk accounts often face compliance-heavy documentation and specialized underwriting requirements. Staff Boom ensures accurate data entry, policy reviews, and endorsements, helping brokers meet carrier standards without delays. We can also provide policy verification, loss history analysis, and compliance documentation, ensuring submissions are complete, accurate, and meet carrier requirements while reducing errors and E&O exposure.
Seamless Carrier
& Broker Coordination
Coordination between carriers and wholesale brokers is crucial for optimizing workflow among key stakeholders. Staff Boom is a dedicated liaison, streamlining communication, processing submissions, and ensuring all documentation is accurate and complete to facilitate responsive quote turnarounds, smoother policy issuance, and better risk placement.
Endorsements
Our staff is highly skilled in processing changes, updating client information, and following up with insurance carriers to ensure endorsements are received promptly.
LOSS RUNS
We handle the entire loss run process—from retrieving reports from carriers to compiling and organizing the last five years of records, ensuring you have everything they need to re-market policies efficiently with various carriers.
Speak with one of our
outsourcing specialists
Extend your team with Staff Boom.
