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Red Flag Alert And Movo Partnership Team Up To Bring Cutting Edge Data To Their Members

Feb 29, 2024 Rory Traynor Updated On: February 29, 2024
Red Flag Alert And Movo Partnership Team Up To Bring Cutting Edge Data To Their Members

We are delighted to announce we have partnered with Movo Partnership to bring cutting edge data, tools and insights to their members and help them on the next stage of their exciting growth journey.

Movo Partnership is an incredible insurance broker network that was founded to help smaller brokerages to leverage the buying power, resources and facilities usually reserved for much larger organisations; whilst allowing the directors of their member brokerages to spend less time on administration, compliance and HR issues, and more time on revenue generating client facing activities.

The Movo Partnership does not just free up brokers to spend more time focusing on income generation, it empowers them by providing the tools and access to take on more clients, operate more cost effectively, sell better services and deal with large providers.

Just a few benefits for members of the Movo Partnership are:

  • Direct access to insurers
  • Access to an extensive agency base
  • Compliance support
  • HR support
  • Compliant and experienced client money team
  • Payment and premium financing facilities
  • And now access to Red Flag Alert.

The partnership aims to run as close to break even as possible and any profits are re-invested into new start startups and enhancing the benefits to members.

This is where Red Flag Alert comes in. As the top in the industry in our understanding of company financial health, the warning signs of insolvency , predictors of growth and how data can be used to help businesses we were perfectly placed to provide the credit risk and compliance data and tools that would have the most impact for Movo’s members.

Our market-leading business intelligence reports, customisable monitoring tool with real-time alerts and digital KYC/AML checks allows Movo Partnership to take their offering to the next level by letting their members do safer and smarter business.

Lea Cheesbrough of Movo said “Working within a regulated environment means we are looking to align to partners who can support our brokers in adding value and driving efficiencies when looking for compliance and governance solutions. As a network supporting regulated businesses and individuals it is imperative we find the very best solutions that enable our brokers and ensure added value, be it around cost but also in providing our brokers an extra layer of insight into their customers world which ensures they are delivering the very best in cover and advice. Those working in the Insurance sector understand the importance of carrying out the required checks on consumers and also commercial clients so looking for an all-rounder provided to be a big challenge and had to meet all of our requirements across our 100 strong broker partnerships! We are delighted to have found a fantastic partner in Red Flag Alert, who are leading the space in Business Intelligence Data Solutions.

Red Flag Alert were able to offer Movo Partnership an extensive solution for consumers and commercial clients which for us key. Red Flag Alert streamline the complex landscape of diligence and onboarding for both Movo and our brokers. We are delighted to be working with them in enabling independent brokers across the UK to know their customers and their customers business as well as they know their own!”

Marc Bishop of Red Flag Alert said “We are extremely excited to join forces with Movo in this period of substantial growth and provide their broker network with the tools they need to exploit opportunity and mitigate risk.

As both our businesses continue on exciting growth journeys where we strive to deliver the best offerings to our customers/members, I look forward to seeing what the future holds for both Red Flag Alert and Movo Partnership, and how far we will go together.”

We at Red Flag Alert are proud to have partnered with such a dynamic and forward thinking company and can’t wait to welcome all the Movo brokerages into the Red Flag family.

Published by Rory Traynor February 29, 2024

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