New business
Win more of the business you quote.
From first conversation to bound, coverbound makes you faster to quote, easier to say yes to and harder to forget.
Questionnaire submitted
Same day, 18 of 18 answered
Get the information fast
- One link to the prospect covers every insurer you plan to approach
- They answer by form or chat, on their phone, without a login
- Insurers' own PDFs come back filled in and ready to submit
Market results
Tallis Freight · Motor fleet
Why they said no: “Outside appetite for interstate haulage”
Know where every quote is
Approach as many insurers as the risk needs. coverbound keeps track of who has replied, so you're not digging through your inbox.
- Who has quoted, who has declined and who hasn't replied, at a glance
- Insurers who go quiet are chased for you
- Every decline kept in the underwriter's own words
- The results fill the market review in your proposal. No rewriting in Word.
Insurance recommendation
Brightco Pty Ltd · sent Tuesday
Close it
- Proposals built from the placement: premium summary, cover by class, market results
- See when the link is opened and how long they spend on each page
- Clients accept, choose optional covers and instruct you to bind online
- The bind task appears the moment they say yes
Come back to Ridgeline Builders
Renews elsewhere in 60 days
Win it later
- Mark it lost and coverbound asks why it went
- A follow-up is set 90 days before the policy renews with the other broker
- The follow-up names the incumbent insurer and the reason you lost it
- Declined proposals get a follow-up while the client still remembers why
Step by step
From enquiry to bound, in one place.
Send one link that covers every insurer's form. The prospect answers once, by form or chat.
Record each insurer you approach. Replies land on the placement and slow markets get a chase.
The proposal fills itself from the placement. Write with AI drafts the words around the figures.
The client signs on their phone, adds optional covers and instructs you to bind.
Also in New business
Built for the way placements actually run.
Insurer register
Insurers, Lloyd's syndicates, agencies and MGAs, with ratings and an as-at date. APRA and UFI flags in Australia, FRN in the UK.
Taxes worked out
ESL or FSL, GST and stamp duty in Australia. Insurance Premium Tax in the UK. Any figure can be overridden.
Every detail of the cover
Limits, excesses, extensions with sublimits, exclusions and subjectivities. Subscription lines with a lead insurer and each share.
Why markets said no
Declines by insurer with their reasons, so you know who to approach first next time.
Win rate
See what you won, what's open and how long submissions have been with a market.
Letter of appointment
Get appointed with an e-signed letter. Onboarding tasks start the moment it's signed.
Before you ask
Questions about new business.
- Can I approach several insurers for one risk?
- Yes. Record every insurer, their response and their terms. The results fill the market review in your proposal.
- What happens when an insurer goes quiet?
- After the number of days you set (10 by default), a chase lands in your diary for that placement.
- Do clients need an account to accept?
- No. They open a link on their phone, choose optional covers, sign and instruct you to bind.
- What if we lose the placement?
- Mark it lost with the reason. coverbound reminds you 90 days before it renews with the other broker.
See it with your own insurer forms.
Book a demo and bring a proposal form. We'll turn it into a questionnaire while you watch.
Book a demo