Spending almost 10 years in broker sales for a fortune 100 insurance carrier and an equal time spent on the broker side, driving new sales and renewals with clients, we were always frustrated by the slow pace of quoting and proposals as they go back and forth between Clients to Brokers to General Agencies to Carriers and back again every time an edit was needed led us to look hard at finding a better way. Time kills deals and hurts service, so we wanted to fix this!
The existing quoting systems were old and clunky, harder to use than they should be, provided limited functionality and worst of all are expensive. Due to these constraints many brokers simply outsource their quoting to general agents but then get back static pdf or excel reports that can take a day or 2 to edit if the client requests changes and may not provide insights into all plan options available.
MonarkHQ allows you to now run quotes for free and share proposals instantly with your client and make live updates to their web based quote, all they need is an email account and a web browser (These days it's pretty safe to assume everyone in HR has these now!)
Vendors gain useful sales feedback into which plans are being quoted most, which types of companies are resulting in more closed sales for them and help speed up the quoting and implementation workloads to get the deal closed faster with less effort.
Join the growing community of brokers and carriers transforming the benefits industry.