www.quotemonster.co.nz is two years old today. We actually started work on this project a lot earlier, the idea was developed years before, in conjunction with Tim von Dadelszen, Conor Sligo, and James Punnett, but for Alan Rafe and me working on the Quality Product Research component, it started in earnest only about one year before the launch. So although the service is two years old today we have worked on it for three years.
We are very grateful for your support - more than 2000 advisers have logins to Quotemonster now and more than 800 have used our research tools. If you haven't got a login for the leading quoting and research tool for insurance in New Zealand, then pop on over and get one now. Link.
The Commission for Financial Literacy and Retirement Income asks us to "Hold the date" for Money Week 2014. This is an excerpt from their newsletter:
This year’s Money Week will be held from 13-19 October. Please put the dates in your diaries, and let others know. Check out moneyweek.org.nz for inspiration around events and what happened last year. We’ll be announcing this year’s theme and messaging later in May. If you have any queries in the meantime, please email the Money Week team at firstname.lastname@example.org
I recently facilitated a workshop with a group of advisers who were wondering why there aren't any professional associations promoting the value of getting financial advice. Well, Money Week is all about promoting the value of advice - and yet last year there were few financial advisers prepared to get on board an run an event during money week. That's an opportunity. Will you run an event?
If you would like some help to think about how you can run an event which will help clients and help generate business get in touch with us to talk it over.
The buzz word for this trend is 'gamification.' There is a certain type of client out there - aged 35 to 45, raised on strategy games and gaming consoles, that responds well to the accumulation of incentives, trophies, achievements, and completed challenges, just like they would in a game.
This post covers some of the basics of gamification, but his ideas are really just the beginning. Trying to think of the completion of the advice process as a kind of challenge reminded me of the approach taken by OmniMax who produce planning tools (you can check them out at this link). The point is to create and sustain client engagement in the process using proxies for achievement of key stages. There is something in that.
We are aware the blog engine service provider has a temporary problem and reassure you that the site will be back up very soon.
From the team at Quotemonster have a Safe and Monstrous Easter and keep Crunching!
At www.quotemonster.co.nz more work has been done to renovate the home page. Now you can see the most recent news stories right on the front page to put the news where you are going to see it. The news or blog is a little known feature - but quotemonster usually has information updates three or four times a week - it's the place where non-urgent updates of all kinds are announced, along with summaries of recent changes, discussions of item re-ratings, and insurer news.
Here is a sample of the new front page:
The login and registration items have also been improved, plus we have changed the introduction to make it clear we are exclusively for financial advisers and highlight our key numbers: more than 2000 users - and last month they did around 28,000 quotes. That's an incredible figure, and its rising.
Lastly, we have got a new advertising box on the front page. This is our premium advertising position because it will be seen by most advisers. We do get some feedback from advisers about advertising. Some people do not like it - but quoting is a free service, and to keep providing that for free, advertising revenue is important. Some other advisers have told us that they are worried about clicking on advertising because they do not want to 'lose' where they are on Quotemonster - don't worry - advertisements always open in a new window if you click on them.
Subscribers to Quality Product Research at www.quotemonster.co.nz can now access research on Medical Assurance Society (MAS) and CIGNA products in addition to the extensive existing research range already available: all the major life insurers and bank insurers.
- You need to be a monthly subscriber to research or purchase a one-off report in order to access the research.
- You need to tick the companies you wish to include in the research report and hit the blue 'save' link at the bottom of the menu - see the example in the screenshot below.
- More products and companies are being added over the next few weeks: so keep an eye out on this blog, and on the message area at www.quotemonster.co.nz to find out more.
This morning a number of small but significant updates have been made to the production copy of Quotemonster:
- Users of older browsers: IE8 users in particular, will now be able to get the graph / chart showing comparative premiums and download reports again. We are not sure how long we can continue to support this browser, but for now, once again it is functioning.
- The insurance company selector has been updated to show the number foe companies chosen, and highlight the maximum of 14 available for inclusion in the printed report. This means you can clearly identify the companies you will get in the printed report.
- The printed report now has different header and footer branding and new titles for the client risks page at the end of the document which make it look a whole lot nicer.
Alan Rafe, CEO of Quotemonster, and I are taking turns to deliver our Compare and Comply talk to advisers at the PAA Roadshow. Details are below, you still have time to catch the Auckland sessions (tomorrow, North Shore in the morning, Central and South in the afternoon) or to see them in Christchurch and Dunedin next week.
Click on the link for a high res copy:
Roadshow Agenda final.jpg (943.86 kb)
Here is the vibrant new team from Quotemonster!
Top row, from left to right we have Russell Hutchinson, Director; Alan Rafe, CEO; Albert Liu, IT Manager; Keoma Pereja, Junior IT. Bottom row, left to right we have Beth McMahon, Administration; Sara Alani, Researcher; Fran Hutchinson,Database Manager. Kelly Pulham, our new Marketing and Advertising Manager was absent on this day.