A digital broker delivers enhanced trust because it eliminates physical risks such as sensitive information being recorded on paper and physically moving through the business, or virtual risks such as inadequate permissions necessary to restrict access to personal client data, cyber threats, business continuity concerns, and regulatory compliance.
How Digital Brokers Deliver Enhanced Trust
In Fact
Provides a flexible operating environment with scalability for business growth, stronger business continuity protection, increased mobile access to business information and compliance related to the General Data Protection Regulation. Hosting broker solutions in a cloud purpose-built for your independent brokerage fosters client trust and peace of mind when supported by third-party “white hat” penetration testing, a Chief Data Protection Officer and cloud services team of experts, a pair of redundant data centres, highly available architecture with virtually zero downtime, and multifactor authentication for increased security and ease of password management.
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A survey of small business owners indicated that trustworthiness was the most important factor in the selection of their insurance broker.
Source: Industry consulting firm
Emma Reid, Team Lead Wholesale Network, OBF Insurance Group
Case in Point
We were sure that moving to the cloud would give us the best security and disaster recovery, and being Lloyd’s Coverholders, they were also very happy with Applied’s offering.
Cloud
Technology Needed to Get Started