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May 2004

by Insurance Age Reporter

Acturis secures a new solus deal with personal lines partner

Systems provider Brokersure.co.uk and Acturis have announced an exclusive deal that sees Brokersure.co.uk become the sole external provider of the personal lines quotation engine for Acturis' clients.

The deal will affect Acturis' 700 broker users in over 35 locations who preside over £350m premium.

Acturis, which predicts its user and broker numbers will almost double over the next three months, said it needed a new personal lines partner in order to take the business forward and provide greater market coverage for its rapidly growing client base.

Theo Duchen, co-chief executive of Acturis, said: "We simply must deliver the widest choice of personal lines cover and competitive premiums. Brokersure.co.uk allows us to achieve this seamlessly."

Acturis said it also selected Brokersure.co.uk as a cost effective way of transacting business in tune with the Financial Services Authority. The system has a common policy wording, designed to aid compliance with regulatory requirements with products available via full cycle EDI.

The deal represents a massive boost for Brokersure.co.uk who's business has traditionally come direct from brokers.

- Insurance Age

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