Insurance Age

Case study: Ryan Insurance

Tim Ryan, managing director at Ipswich-based Ryan Insurance, invested heavily two years ago in a full-cycle electronic data interchange system with Acturis, focusing on capabilities rather than price. He has liaised with underwriters such as Allianz, Axa and RSA for a year in order to get bespoke SME products and prices for his brokerage. His aim is to transact around 50% of its SME book this way within two years and feels the investment has been worthwhile despite the tough business environment

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