Open GI
MyFirst’s James Noble targets £40m GWP after becoming directly authorised
James Noble, CEO and founder of MyFirst, is targeting £40m gross written premiums in 2024 after the business grew from £1.5m GWP to £19m GWP in three years.
Direct Commercial launches first product on Open Gi
Direct Commercial has launched its Haul In One commercial motor solution, via Open GI’s cloud-based platform, IHP Plus, today.
Cobra CEO Tedstone aims to hit £1bn by 2025
The boss of broking network Cobra has said that it has identified a pipeline of 700 potential ‘unicorns’ as it seeks new members to meet its target of £1bn of premium by the end of 2025.
Open GI sale not a cause for concern, say users
Treasurer of Open GI User Group, Mark Sollis, has told Insurance Age that the potential sale of the software house by its majority shareholder is not a cause for concern.
The runners and riders in the Open GI sale
Open GI is reportedly up for sale, with private equity shareholder Montagu wanting to exit. Who are the likely new investors?
Acturis is not for sale, sources reveal
Acturis is not for sale, sources close to the company has confirmed, following a report that a key shareholder was eyeing up an exit.
Open GI shareholder looking at sale options – report
Open GI’s majority shareholder is targeting a sale of the business in the second quarter of 2023, according to Reuters.
Turnover down but profit up at Open GI for 2022
Open GI has posted a fall in revenue for the third year in a row in its results for the year ended 31 May 2022.
People Moves: 27 February - 3 March 2023
Keep up to date with the latest personnel moves within insurance.
Open GI eyes pay-as-you-go market after Love Your Miles partnership move
Technology provider Open GI is eyeing up the growing pay-as-you-go market, after having entered the sector with online motor broker Love Your Miles in 2022.
Opinion: Machine learning – the art of the possible
Using an analogy involving cats and dogs Tom Murphy, co-founder and chief technology officer of Machine Learning Programs, explains machine learning, why it matters and how it can help brokers.
In-depth: Good or bad? The looming regulation of broker software houses
Broker software houses likely face regulation amid a new law before parliament. The impending regulation has triggered debate over whether it will protect customers or add more cost and paperwork for brokers as Saxon East discovers
Hug Hub to launch broker extranet service
Insurtech Hug Hub is to rollout an extranet service this summer in a move it said would save commercial brokers up to 75% of the processing cost in placing e-traded SME risks.
People Moves: 14 - 18 March 2022
Keep up to date with the latest industry moves.
Webinar: How can brokers make the most of digital tools?
Watch our panel of experts on 28 February to get fully up-to-date on digital trends. Our discussion features Open GI, 1Answer network, Hubb and C-Quence
MGA Lares launches unoccupied property product
The product is available to brokers via the Go-Insur digital insurance platform.
Ebitda and turnover stable at Open GI in 2021
The software house achieved Ebitda of £26.7m for 2021 with revenue of £41.7m but post-tax profit fell to £12m.
Blog: Getting personal with digital
Open GI’s Ben Legg explains while digital can help deliver a seamless customer experience it's not the end of personal touch.
What are the best digital tools for brokers?
Join our webinar, with Open GI, to find out about the latest digital trends and how brokers can use them to boost customer experience.
The challenges and benefits of using tech and digital tools in broking
Roundtable: Our panel of experts discuss the pros and cons of brokers embarking on their digital transformation journeys with Open GI
Open GI partners with Percayso Inform on data product
Brokers will be able to access the service through Open GI’s motor and commercial vehicle platforms from 2022.