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My recent visit to Gan Insurance's Keith Morris, director and general manager, and Trevor Miles, associate director, provided an opportunity to talk some more about Interlink.
It is being seen in the market as a response to L&E's FastTrack, although the Gan people reckon that Interlink offers just a bit more - and, in any event, they say, it was under discussion long before FastTrack saw the light of day.
With Interlink products, Gan will handle renewal and adjustment administration, leaving the broker to look after the new business. Commission rates are: new business 10%, renewals 7"2%, adjustments in year one 10%, adjustments after renewal 71/%.
The important point about Interlink, it seems to me, is that it is giving...