Are you the type of person who binge-watches your favorite show on Netflix? Or do you watch one or two episodes at a time? Whatever your viewing style, if you use Netflix you are aware of the convenient, cost-effective and customized experience you get from using it.
Not only has Netflix become extremly popular in recent years, it has also revolutionized the way we watch TV shows and movies. Particularly by eliminating many of the undesirable factors that come with tradtional means of watching shows on cable or a movie at the theatre.
Given that our underwriting subscription service aims to provide the same simple experience that Netflix strives for, we figured why not compare how the two stack up!
4 ways our underwriting subscription service compares to Netflix
In case you missed my introduction to our underwriting subscription service...our simple method of proactively managing underwriting resources reduces the stress of unexpected absences or increases in volumes of business. So for all the underwriting leader's out there who don't want to break a sweat the next time resources are looking a little slim, this one is for you.
1. Uncompromised service levels
Netflix offers a base subscription package at a flat monthly rate, but also provides subscribers with the option to scale their subscription up or down depending on their usage needs that month. Since you are not locked in to a lengthy multiyear contract, you can scale this back at any time as your usage needs change – why pay for what you don’t need?
Similarly, LOGiQ3's underwriting subscription model provides the ability for you to scale up or down from month to month depending on your needs. It is ideally suited to ramp up your underwriting capabilities during campaigns and peak seasons or to cover leaves of absence (maternity leaves, vacations, retirements, conferences, resignations/terminations) so that your time service levels are never compromised.
Subscribers receive access to LOGiQ3’s full time team of underwriting experts. Should additional needs arise, we have a talent pipeline that allows us to add staff quickly.
2. Flexible team additions
When you get tired of your spouse, children, roommate or whoever logging onto your Netflix while you are watching, you can upgrade to a standard or premium account. This allows more viewers at the same time on one account. As soon as you change your plan you have instant access to the added convenience.
When it comes to our subscription service, underwriting leaders have ‘anytime access’ to our resources. Which means resources are available at very short notice, as your needs change. A quick alignment of resources eliminates the interruption that is typically required to acquire and train new contractors. This allows you to resource proactively and removes the cost and time required for contracting and procurement each time you need to ramp up your underwriting capacity.
3. On time delivery
We all know that time is money and as such – is not something to be wasted. One of the best features of Netflix is that it delivers high-quality content on-demand. You watch what you want, when you want. No time wasted (I can’t even remember the last time I sat through commercials!). We place the same value on your time and expectations.
Our team of high performing underwriters expertly deliver and adhere to the service level agreements we establish with our clients, if not exceed them. Our underwriters do not work solely to time service levels, but also with a focus on getting the business in and out the door quickly.
4. Improved customer relationship and focus
The convenience delivered by Netflix (in terms of saving time and money) allows you to focus on the more important things in life. We hope to provide the same to underwriting leaders.
Instead of worrying about filling resource gaps, your team can focus on delivering work that is high quality and on time. Both of which will contribute to building strong relationships with key advisors, agents and clients.
Download our underwriting subscription service guide to get a full breakdown of subscription plans, cost and other challenges our solution helps you resolve.