August 2007

Allianz Commercial launches complete Property Owners product on Acturis

Allianz Commercial and Acturis have expanded their existing trading relationship to provide Acturis users with access to Allianz’s Complete Property Owners product via imarket.

The product provides cover for both residential and commercial property owners utilising the auto-rated ‘quote and buy’ capability available to brokerages using the Acturis platform. The Allianz Tradesman, Shop and Office products are also available via Acturis, providing a comprehensive SME e-trading proposition for brokers to place business with Allianz in a comparative quoting environment.

Jason Potter, e business and strategy manager, Allianz Commercial, comments: “This launch is a significant step as it delivers Allianz’s four principle Small Business products live through the imarket channel. Acturis users can now obtain immediate online quotes for these covers, driving improvements in service and price and enabling brokers to focus on the management and retention of their customers in what will be an increasingly competitive market place.”

Luke Shepherd, Acturis, notes: "Allianz has succeeded in using its imarket capabilities to its best, delivering real, measurable efficiency gains to Acturis users. The addition of the Allianz product adds significant breadth to the Acturis property owners offering."
ENDS

Acturis
Acturis has worked with forward-looking provincial brokers and a number of leading insurers to develop the broking system of the future.
The Acturis Broker Platform uses Internet connectivity and innovative technologies to make brokers more efficient, effective and successful in a new connected and regulated environment. The Acturis Broker Platform provides the IT base for a new and innovative way of transacting insurance, reducing duplication of work, lowering error rates and driving cost out of the broker distribution channel.
The Acturis Broker Platform has been trading fully live since July 2002 and is now used throughout the UK.
The Acturis Team
Sir Brian Pitman, the former Lloyds-TSB Chairman, is Chairman of Acturis. Sir Brian is a known and respected name throughout the financial services market and the City, and his experience in driving efficiency savings and innovation through Lloyds-TSB is invaluable.
Our experienced team is led by co-CEOs, David McDonald and Theo Duchen. Both are ex-partners at McKinsey, where David managed the UK eCommerce practice area and Theo managed the UK General Insurance team. Jointly they have in excess of 20 years experience in UK financial services and have worked with many top UK insurers and brokers.
For further information visit www.acturis.com

All Acturis press enquiries to:
Simon Ronaldson
Sales & Marketing Manager
Acturis Ltd
0207 079 4017
simon.ronaldson@acturis.com

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