Software
Blog: Brokers don’t need to fear artificial intelligence but should consider embracing its benefits
While exploring new technologies – from Gen AI to machine learning – might not be top of many brokers’ to-do lists, their benefits should not be understated. Open GI’s director of brokers and MGAs Nick Giddings explains how these tools could free them up…
Broker Insights hones in on £6bn
Broker Insights has confirmed that brokers have uploaded £5.5bn of gross written premium to its Vision platform as it tracks towards hitting £6bn by the end of the year.
IS2 promises supercharged commercial schemes distribution
IS2 has launched an API enabled hosted pricing solution, staking a claim for a commercial lines schemes first.
Applied Net 24: European business expanding commercial lines panel “significantly”, says CEO Needs
Applied Systems Europe is expanding its panel “significantly” in commercial insurance according to CEO Tom Needs, adding both Zurich and Aviva.
“Nobody came close to AUB” – CEO Cheesbrough on Movo’s new investor
The Movo Group is looking to create larger broking hubs and kickstart its directly authorised network Fusion after AUB took an 80% equity stake, according to Lea Cheesbrough, Movo Partnership CEO.
Momentum investor AUB takes 80% stake in Movo Group
Australian broking giant AUB Group has agreed to acquire an 80% equity stake in the Movo Group of Companies.
Bexhill UK partners with Acturis on premium finance
Bexhill UK and Acturis have partnered in a full API integration of Bexhill’s premium finance system and Acturis’s insurance broking system.
Interview: Sabre CEO Geoff Carter
Sabre boss Geoff Carter tells Insurance Age about the upsides for brokers from its IHP rollout, growing in motorbikes after the collapse of MCE and profitable expansion plans in taxi.
CGI leader Andy Jones on transforming the market and the data standards vision
Creating a data standard is “the real utopia vision”, Andy Jones, director for consulting services in insurance at CGI in the UK, told Insurance Age.
MGA launches SME and mid-market e-trade platform
Specialist mid-market and SME managing general agent Generation Underwriting has launched a digital e-trade platform.
Ecclesiastical seeks further schemes growth with new broker tool
Ecclesiastical has launched a digital portal, Schemes+, for brokers to help them manage their schemes more effectively, Insurance Age can reveal.
Q&A: Jonathan Davey
In his first interview since announcing his retirement on LinkedIn last week, former Primary, Keychoice, SSP and Hug Hub leader Jonathan Davey reflects on his time in the industry, and shares what is coming next, including his 28th trip to the Biba…
Imarket grows to five live broker systems with Bravo Digital Trader
Polaris has added Bravo Digital Trader as the fifth broker system to use imarket, joining its portfolio of Acturis, Applied, Open GI and SSP.
Recorder to unveil commercial platform for brokers at Biba Conference
Insurtech Recorder will roll out its SME focused software platform at the British Insurance Brokers’ Association’s conference in Manchester next month with a promise to offer a free version exclusively to attendees.
Novidea adds $30m from HarbourVest Partners in funding round
Insurance management system provider Novidea has confirmed raising an extra $30m (£23.6m) from HarbourVest Partners, taking its Series C funding round to $80m.
Open GI swoops for Hug Hub’s Digital Platform
Open GI has bought Hug Hub’s Digital Platform which offers portal capability for insurance brokers and managing general agents.
Applied updates on commercial push
Applied Systems has confirmed Arch Insurance is about to enter the pilot phase of onboarding and will be live on the Applied Epic broker management system in April, with Iprism and Ark to follow and more promised in 2024.
Buying or selling an intermediary: Lessons from the front line part 3 – Technology
In the final instalment of a three-part series on broker M&A, Phil Broadbery, a partner and head of PKF’s technology team, examines some of the most common IT and data-related pitfalls that broker leaders should look out for during the acquisition…
Mathews on his trust and growth mission at SSP
The foundations have been laid at SSP and with a programme of enhancements to roll out in 2024, the software house is confident of delivering for customers on the road to user growth next year, according to Martyn Mathews, managing director of SSP Broker.
Acturis seals personal lines win with First2Protect
Acturis has partnered with home, landlord and tenant insurance broker First2Protect after a competitive tender process.
SSP Broker names Martyn Mathews MD
SSP Worldwide has appointed Martyn Mathews to the newly created role of managing director of SSP Broker.
Brown & Brown rolls out on Acturis
Brown & Brown is moving its retail platform to Acturis, Insurance Age can reveal.
Acturis launches AI Predict
Acturis has launched AI Predict to bring the power of artificial intelligence and machine learning into its software-as-a-service platform.
Fear of AI often comes from fear of change, says Ignite MD MacLachlan
Having surged forward in the past two years, Ignite plans to continue growing by strengthening partnerships with insurers, expanding with brokers, via its Ignition programme and through the integration of its artificial intelligence-powered chatbot.