- Approved BACs Originator
- Credit and Debit card integration
- Signature-less direct debits
- Bordeaux management
- Dedicated insurer trust accounts
- CASS regulation compliant
- Funded commission management
- Commission distribution
Cavere Insurance is an approved BACs originator for both AUDDIS and paperless Direct Debits. This means we can complete premium collections in a cost effective and paper free manner. We can also collect using credit and debit cards either over the phone or via our web applications.
Once the premium has been collected into the client account we can automatically split and disburse payment to your requirements and produce the corresponding commission and bordereau reports.
Where we collect premiums directly from the customer there is no requirement for us to cascade risk transfer enabling better financial risk controls.
Our advanced arrears management processes ensure we maximise customer service and retention whilst also ensuring that the insurer is not exposed to risk where premiums have not been paid.