The Compass Insurance business model is unique in the short-term insurance industry. We only deal with Underwriting Managers. These business partners focus on providing innovative products and a specialised policy administration service to short-term insurance brokers. We do not market our own products, nor do we seek business directly from consumers or market our own brands.
We have a low expense ratio because we outsource many key functions. We strive to be the most attractive and consistent long-term partner for our selected Underwriting Managers and outsource suppliers by giving them outstanding analytical assessments and providing an information technology platform which allows for a detailed review of trends and statistics. The earning potential of our business partners is linked to the profitability of the underlying business. This enables our business partners to earn above average income.