How it works

Check the market, then refer .

Six straightforward steps from an uncompetitive renewal to a successful referral. We check our insurer panel and return the best available price to you first. You decide whether to proceed, your customer receives the offer in your name, and you earn £25 if they buy. Coverly, a fictional broker, is the example.

  1. Identify (current)
  2. Check
  3. Decide
  4. Refer
  5. Choose
  6. Earn
  1. Step 1

    Spot the opportunity

    An uncompetitive renewal, a declined quote, a mid-term change or a cancellation. When you can't offer the customer what they need, there may be another option.

    CoverlyRenewal due
    Policy
    CVL-0048213
    Holder
    Sam Okafor, PR2
    Vehicle
    Nissan Qashqai N-Connecta DIG-T MHEV
    Renewal
    22 November, £612.40
    Refer to Re:New
  2. Step 2

    See what the market can offer

    Send us the policy reference as a soft referral. We retrieve the risk from your system, check our insurer panel and return the best available price to you, without contacting the customer.

    POST /car-insurance/webservice/quote-request/json/
    {  "quote": {    "broker_id": "COVL001",    "policy_ref": "CVL-0048213",    "refer_type": "soft",    "consent_obtained": true  }}

    A soft referral: the policy reference, and we retrieve the risk from your system. One figure back.

  3. Step 3

    You make the call

    See how the market price compares with yours and decide whether to refer. If there's no worthwhile alternative, you're under no obligation to proceed.

    200 OK5 insurers quoted
    {  "success": true,  "best_premium": "£439.60"}
    Best on the panel£439.60Insurer not named
    Your renewal£612.40£172.80 more

    One figure, back to you and not to the customer. Nothing has been sent; the decision to refer is yours.

  4. Step 4

    Your brand stays front and centre

    Once you approve the referral, we take care of the rest. Your customer receives an email featuring the best available prices, presented in your brand. Re:New stays discreetly in the background.

    Coverly <hello@coverly.example>Your car insurance renewal
    CoverlyCar insurance

    Hi Sam,

    Your car insurance is due for renewal on 22 November. Our renewal price is £612.40, but we've found a few alternatives that may be worth considering.

    The prices below start from £439.60 a year. You can review the options and choose the cover that works best for you.

    Policy holder
    Sam Okafor
    Cover
    Comprehensive
    Vehicle
    Nissan Qashqai N-Connecta DIG-T MHEV

    Your alternative quotes

    1. Ashby Direct£439.60a year
    2. Northcote Mutual£455.10a year
    3. Harbour Line£471.90a year

    Your renewal with Coverly: £612.40

    If you'd prefer to stay with us, your existing renewal offer is still available. Otherwise, you can explore the alternatives above and choose the cover that suits you.

    Kind regards,
    The Coverly Team

    Please review the cover, excesses and policy terms before buying. Quotes are offered by the insurers shown and remain subject to their checks and acceptance.

    Powered by
  5. Step 5

    The customer chooses what works for them

    They can compare the available options and, if they find something suitable, complete their purchase directly with the insurer.

    Ashby DirectSecure checkout
    Annual premium£439.60
    • Comprehensive cover
    • Cover starts 22 November
    • Bought directly from Ashby Direct
    Pay £439.60
  6. Step 6

    You earn £25 when they buy

    Every successful referral earns you £25, with payments reconciled monthly. Business you couldn't retain becomes an additional source of revenue.

    Statement, November
    CoverlyReferral fee, 1 policy+£25
    Ashby DirectCost per acquisition, 1 policy£55

    Fixed fees, in contract. Paid and reconciled monthly.

Four triggers

Every lost customer is an opportunity .

An uncompetitive renewal, a declined quote, an unacceptable mid-term adjustment or a cancellation. Switch the trigger to see what your customer receives.

The situation

Your renewal price is £612.40, but you know the customer could find a better deal elsewhere.

Before they start shopping around, check our panel. If there's a better price, you can offer it under your own brand and earn £25 if they buy.

POST /car-insurance/webservice/quote-request/json/
{  "quote": {    "broker_id": "COVL001",    "policy_ref": "CVL-0048213",    "refer_type": "full",    "consent_obtained": true  }}

A full referral: the response is an acknowledgement, and we take care of the rest.

Coverly <hello@coverly.example>Your car insurance renewal
CoverlyCar insurance

Hi Sam,

Your car insurance is due for renewal on 22 November. Our renewal price is £612.40, but we've found a few alternatives that may be worth considering.

The prices below start from £439.60 a year. You can review the options and choose the cover that works best for you.

Policy holder
Sam Okafor
Cover
Comprehensive
Vehicle
Nissan Qashqai N-Connecta DIG-T MHEV

Your alternative quotes

  1. Ashby Direct£439.60a year
  2. Northcote Mutual£455.10a year
  3. Harbour Line£471.90a year

Your renewal with Coverly: £612.40

If you'd prefer to stay with us, your existing renewal offer is still available. Otherwise, you can explore the alternatives above and choose the cover that suits you.

Kind regards,
The Coverly Team

Please review the cover, excesses and policy terms before buying. Quotes are offered by the insurers shown and remain subject to their checks and acceptance.

Powered by

Example email. Coverly and the insurers shown are fictional.

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Ready to give your customers another option?

Whether you're dealing with an uncompetitive renewal or a risk you can't place, Re:New gives you a straightforward route to the wider market.