Introducer Today

Claims Financial

Claims Financial are a market leader in the £30 billion financial compensation market and 99% of our work comes from partners just like you.

If you already deal with consumers and financial services then I expect our offer will fit neatly alongside your primary business and generate significant commission without much more effort

Some things that make us special

• We operate on a strict No Win, No Fee basis
• We charge No Upfront Fees
• We don't cherry pick claims (we take on all claims you refer no matter the size)
• You get 24/7 online reporting giving you complete transparency. No more emailed spreadsheets.
• 100% of claims are handled in-house
• Depending on your business, we work on a per lead, per case, or a generous commission basis.
• We win our cases.  Oversight by our in-house barrister and solicitor

To find out more about this program and why it is perfect for brokers like you please ENQUIRE NOW.

KEY FACTS

Your main questions are probably:

• Would the people we visit or talk to be interested in your services?
• How much commission do you pay us per claim form we send you?
• How much commission do we get paid and how long does it take?

Claim type	About the service	Average commission per case	Lead time (claim to payment)
Credit Card Charges	If your client has missed payments or exceeded their credit limit, they will have been charged penalty fees of up to £30. We can get a full refund going back 6 years on every card. (Remember the average person has 2.8 credit cards)	15% commission	85 days
Mis-sold PPI	If your client has been sold PPI/loan insurance alongside any loan since January 2004, whether a credit card, mortgage or loan, then they may have been mis-sold. There are 20 million of these policies out there.	25% commission	135 days
Care Home Fees	If a client, friend or family member has had to pay full or partial care home fees they could be entitled to compensation worth thousands of pounds.	20% commission	6 months - a year

To find out more about this program and why it is perfect for brokers like you please ENQUIRE NOW.

CASE STUDY

Tristan runs a small brokerage and in a typical day each of his 4 brokers have about 3 appointments dealing mostly with mortgages but also secured loans. That is about 20 appointments a day.

The recent credit crunch has meant that mortgage approvals have slumped and Tristan’s strategy has been to ride out the storm by adding profitable revenue streams to the main business. Financial compensation seemed like the obvious choice.   At the end of each appointment (including telephone calls), they always mention financial compensation because nearly every client has at least one claim.

Occasionally, the client will want to go through their financial papers there and then to find out what claims they may have. It can take a few minutes but it is worth it. Recently, a client brought down all their loan documents from the last 2-3 years and it was immediately obvious that they had been sold expensive PPI policies alongside 3 loans without even knowing about it - watertight cases worth £150 each to the broker. Many clients have 4-5 credit cards which they have been struggling to pay for years resulting in hefty monthly penalties. Tristan often sees one client sign up there and then for their credit card charges, arrears fees, and mis-sold PPI. It means the appointment ends on a high note because the client is not being asked for money but rather we are telling them that there is an easy way to put money back in their pockets on the basis that the service is free unless they win a refund.

In a normal days’ work Tristan would expect to see half the appointments resulting in some claim forms. Those who are interested usually think it makes sense to claim back everything they are entitled to in one go. With the average client having 3 credit cards, 2 loans and maybe a mortgage in the last few years an average day might yield:

1.       12 credit card claims                                                       £360 commission (£30 each)

4.       3 Mis-sold PPI policies                                                    £450 commission (£150 each)

Tristan is able to help his clients and generate pipeline commission of about £810 each day and this isn’t even the main business.

The key selling point is that if Claims Financial doesn’t win a refund they don’t charge a penny.

To find out more about this program and why it is perfect for brokers like you please ENQUIRE NOW.

FREQUENTLY ASKED QUESTIONS

How long do the claim forms take to fill in?
Our forms are the simplest on the market - just one page long. The forms take about 1 minute to complete. If someone has 5 claims then they need to be on 5 different forms but each one represents a separate commission. The PPI claim form takes about 4-5 minutes to complete but the commission is 5 times more which justifies this.

We don’t need any paperwork or ID like many of our competitors making the claims process even simpler.

Is Claims Financial regulated?
Yes. We are regulated by the Ministry of Justice is respect of our claims management activities.

How do you report to us?
Our 24/7 online reporting portal gives you access, control and most importantly absolute confidence in measuring your campaigns properly. You can see each individual case as well as any commission due. Our reporting system has been described by 'Trading Platform' as the best in the industry.

You will also be assigned a personal account manager who you can pick up the phone to at any time with any query.

What is my commission worth?
We offer a very competitive rate of commission and we don’t “cherry pick” claims. Other companies may offer higher levels of commission but accept fewer claims. We process all claims on a no win no fee basis and will find out for the client if they are due a refund even if they are unsure.

25% on PPI

20% for Care Home Fees

15% for Credit Card Charges

If we wanted to focus on just PPI (because they are worth more) and were able to sign up high volumes would you be willing to negotiate on commission?
Yes. Our aim is to help consumers and work with partners in a way that makes the most sense. For example if you were to focus on high value mis-sold PPI you may find your average commission is triple the average we have quoted.  If you think you can become a ‘power referrer’ lets talk.

To find out more about this program and why it is perfect for brokers like you please ENQUIRE NOW.