I hope you are doing well. Thank you for your Email and for your proposal regarding the revised commission for ASK Broker Association.
Together with BTS Group financial department we reviewed proposed rate and need to reject the current proposal from Deves. Rabbit finance was running the numbers on our side. We the current proposed commission for type 1 insurance we can't generate positive cash flow on our side as we are investing into customer gift (free gas card and free car DVR) as well as customer acquisition (via online and offline marketing) and discount.
Nevertheless I am still keen to get Deves as one of our premium insurance partner on board for rabbit finance. I already revised our latest proposal and have two options attached with are both approved by my financial department. Please find attached the following two options:
> commission rate rabbit finance with premium target
> commission rate rabbit finance without premium target
On our side we feel comfortable with both options as we are confident to deliver premium target as promised in our proposal. Please kindly review adjusted commission rate from our side.