PowerPlace confirms free broker access to SME web product

chris-guillaume-open-gi

PowerPlace has revealed that brokers will be able to access its B2C SME web trading offering without needing to pay upfront costs, provided minimum business volumes are transacted.

The intention to deliver a business to consumer (B2C) initiative that will enable brokers to offer an SME quote-and-buy service to clients via the web was unveiled in March, shortly after the purchase of Powerplace by Open GI.

The product will be displayed on PowerPlace's stand at the British Insurance Brokers' Association's conference in May ahead of a full launch in June.

PowerPlace chief executive officer Nick Giddings stated: "The micro end of SME has become increasingly receptive to

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.

You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Insurance Age? View our subscription options

Register

Sign up and gain access to five complimentary news articles every month.

Already have an account? Sign in here

This address will be used to create your account

Arch goes live on Applied

Applied has confirmed that Arch Insurance has launched a specialist property owners insurance product on its commercial e-trading panel.

Biba 2024: FCA to take its time on transparency proposals

Emily Shepperd, chief operating officer of the Financial Conduct Authority, has said the regulator was “overwhelmed” at the response and amount of feedback to its transparency proposals, and that it is going to “really take our time” when considering any possible next steps.