woopcover.com affiliate programme

woopcover.com
affiliate programme
2014
young driver insurance.
joy. happiness. freedom
for drivers
price. innovation. safety
for parents
young driver insurance.
great value telematics car insurance for young drivers
no mileage limits and no curfers
drive safely where you want when you want
powered by TomTom
joy. happiness. freedom
for drivers
powered by
price. innovation. safety
for parents
woopcover.com
affiliate programme
1. company overview
1. company overview
woop young driver insurance is a new, innovative usage-based telematics insurance
brand that makes premiums more affordable for motorists aged 17 to 24, without
imposing curfews or mileage limits.
woop uses a TomTom telematics device, known as a woop buddy, to monitor driving
style and provide drivers with feedback on their speed, acceleration, braking
and steering.
this feedback can help drivers to improve their skills, and safer driving
is rewarded by lower renewal costs.
woop young driver insurance:
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great value telematics car insurance for young drivers
no mileage limits and no curfews
drive safely where you want when you want
powered by TomTom
woop cover ltd. registered in england. company No. 07751791. registered office: 48 felaw street, ipswich, suffolk, england, ip2 8pn. woop cover ltd. is an introducer appointed representative of Collingwood Insurance services (UK) Ltd. woop
youngdriver insurance is arranged by Collingwood Insurance Services (UK) ltd and underwritten by qudos insurance A/S and collingwood insurance company limited.collingwood insurance services (UK) limited are authorised and regulated by the
financial conduct authority (FCA). the FCA is the independent watchdog that regulates financial services. collingwood insurance services (UK) limited’s permitted business is that of an insurance intermediary arranging contracts of general insurance.
you can check this on the FCA’sregister by visiting the FCA website http://www.fca.org.uk/register or by contacting the FCA on 0800 111 6768.
2. young drivers and
telematics insurance
2. young drivers and telematics insurance
telematics Insurance for young drivers is a rapidly growing market with the british
Insurance brokers association (BIBA) forecasting that sales of telematics insurance
will hit 500,000 by summer 2014.
BIBA also estimate that telematics insurance is up to 30% cheaper than traditional
car insurance. every year over 500,000 young drivers aged 17-25 pass their driving
test (DfT) according to the driving standards agency (DSA) 1 in 5 young drivers has
a crash in their first 6 months of driving.
a newly passed driver aged 17 is far more likely to crash than a newly passed driver
aged 30 according to the association of british insurers (ABI) who also estimate that
young driver crash risk rises with each additional passenger in the car.
in q4 2012, the average annual cost of comprehensive car insurance
premiums for 17 to 20-year-old males was £2,960 (confused.com)
in q4 2012, the average annual cost of comprehensive car insurance
premiums for 17 to 20-year-old females was £1,986 (confused.com)
sales of telematics insurance
will hit 500,000 by
summer 2014...”
3. affiliate partners
3. affiliate partners
the woopcover.com affiliate partner programme gives companies and organisations
the opportunity to offer an innovative young driver insurance product to their
customers or supporters - and to generate revenues for themselves.
the programme requires no capital outlay or long-term commitment and involves
minimal set up effort. all that is required is an ability to engage with customers or
supporters, usually online or via email, and to encourage them to get a quote
for woop young driver insurance via woopcover.com using specially created
banners and links.
the programme will give young drivers access to an innovative and affordable
telematics based car insurance product and give Affiliate Partners the opportunity
to generate an incremental revenue stream, based on the number of car
insurance policy sales made by users delivered to the site by the
affiliate partner.
an opportunity to offer an innovative
young driver insurance product to
your customers or supporters
- and to earn revenue...”
4. why woop - for young drivers
4. why woop - for young drivers
young driver insurance.
great value telematics car insurance for young drivers
no mileage limits and no curfews
drive safely where you want when you want
more than half a million drivers aged
17 to 24 pass their test each year but
around one in five will have a crash
within six months, causing the price
of insurance to rocket”.
powered by TomTom
woop young driver insurance offers young drivers great value telematics car insurance
with no mileage limits and no curfews.
TomTom’s award-winning telematics technology provides woop drivers with feedback
on all aspects of their driving style, from speed and acceleration to harsh steering
and braking. this feedback can help drivers to improve their skills, and safer
driving is rewarded by lower renewal costs. the device, known as the woop
buddy, can also provide accident reporting and allows the policy-holder’s
vehicle to be tracked in the event of theft.
woop young drivers insurance aims
to provide a solution to both problems,
making premiums affordable, while
taking an innovative approach to
improving safety on
britain’s roads”.
unrestricted by curfews or mileage
limits, drivers have the freedom to
enjoy their time on the road, while
parents are given peace of mind that
safe driving will always be a priority”.
- david hayward, managing director, woop cover ltd.
5. why woop - for partners
5. why woop - for partners
the woopcover.com affiliate programme offers affiliate
partners a range of benefits:
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commission paid on every young driver insurance policy sale made to customers or supporters.
simple, no set up costs, with no financial commitment or volume guarantees.
access to a dedicated Affiliate Partner Manager.
no maintenance.
regular monthly reporting of quotes and sales.
backed by one of the UK’s leading learner driver insurers, and one of the world’s largest reinsurers.
earn commissions - simple
and no set up costs”.
6. how it works
6. how it works
woop will provide affiliates with details of how to build links from their websites
to woopcover.com and will also supply access to a selection of banner and button
artwork that you may choose to use. we can also supply promotional copy that
has been approved by our compliance team.
affiliate partners can decide how and how much to market this new partnership
to their customers or supporters. greater promotion should lead to more traffic
and therefore increased revenues.
promotion could be undertaken through:
 onsite editorial
 onsite advertising (we will supply artwork)
 email marketing
 offsite promotion (e.g. advertising; leaflets; events; retail outlets; in-house
communications; staff promotions).
affiliate partners need to agree to a standard set of terms and conditions.
7. reporting
7. reporting
affiliate partners will receive a monthly report that will include:
 an overview of clicks generated
 an overview of quotes generated
 an overview of sales generated
 an overview of commissions generated and paid
please note that there can be a delay in confirming online sales as there is a mandatory
cooling off period for each policy.
8. user journey
8. user journey
banner
 user visits your site and sees woop banners or links.
 clicking the banner or link takes the user to woopcover.com where
the user clicks to get a quote.
 the user is then taken through the quote process.
 once they have generated a quote they can either buy cover
immediately or save their quote.
 once the user has bought cover and had their woop buddy
site
installed we pay you your commission.
sale
commision
9. earning potential
9. earning potential
for each young driver insurance policy sold via the woop affiliate partner programme
a commission is payable.
your commission level will be agreed with you when you join the programme.
there is no cap on the commissions that can be earned by woop affiliate partners.
commissions will normally be paid directly to your nominated bank account.
no cap on commissions”.
10. how to get started
10. how to get started
for more information about the woop affiliate partner programme please contact:
[email protected]
or
[email protected]

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