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E-Commerce Watch - i-PROMPT signed 1,000 brokers

Online insurance premium credit provider i-PROMPT claims it has signed up 1000 brokers in its first y...

Online insurance premium credit provider i-PROMPT claims it has signed up 1000 brokers in its first year. Prompt, which launched i-PROMPT on 1 June 2000, now funds one-seventh of the UK commercial lines insurance industry. Bob Golden, chief executive of Prompt, said: "Almost 50% of Prompt's business is now being conducted electronically. Brokers using i-PROMPT can make amendments and answer queries themselves, saving them time and money."

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