15 March 2004

Capita Insurance Services and Acturis sign three-year deal
Capita secures new distribution channel for Commercial Legal Expenses insurance product

Capita Insurance Services announced today that it has signed a three-year partnership agreement to offer Commercial Legal Expenses as the preferred commercial legal expenses product on the Acturis Broker platform.

From April 26th 2004, Acturis, the fastest growing supplier of IT platform software to brokers in the UK insurance marketplace, will be offering Capita's product electronically. Purchase of the Commercial Legal Expenses product will support a pro-active approach to any risk management programme and its inclusion on the Acturis platform will heighten awareness and improve availability of the product.

Commercial Legal Expenses, which has 'Auto-Rated' functionality and is supported by one of the industries largest legal helpline facilities, will enable brokers and intermediaries to not only obtain real-time quotations, but also access all supporting documentation. Capita and Acturis predict the enhancement to the Acturis system will increase cross-selling of commercial legal expenses cover from 7% to well over 40%.

Lee Gladwell, Capita Insurance Services' Business Development Director, commented: "Capita is pleased to be partnering with Acturis. They offer the market's leading software system for brokers and the partnership represents an important new channel for our Commercial Legal Expenses product."

Theo Duchen, Joint Chief Executive Officer at Acturis, said: "We see this partnership with Capita Insurance Services as a natural alliance of two leaders in their field and we are looking forward to a closer working relationship."

- Ends -

¹'Auto-Rated' functionality is where the insurance premium can be calculated automatically by the Acturis software using pre-agreed rates.

Return to Listings

Back to Top