Press Articles

Acturis pilot progressing well with BNL

01 January 2004

The Broker Network (TBN) has promised not to force its members to adopt the new application service provider (ASP) broker platform currently being tested by its members.

"We're not making any platform mandatory - that's not our style," said Michael Collins, chief operating officer, TBN. "We've recently opened up the selection process so that, as long as the system meets requirements for due diligence and accounting standards required by the FSA (Financial Services Authority), we will accept it. But we will only recommend one ASP solution".

Members of the network evaluated a number of ASP systems and selected three platforms to pilot. Acturis looks to be the front-runner in the tender process, with its system about to go live with West Midlands-based Lamasz Hettle and Scottish broker Alistair Macdonald. Hine Insurance Brokers , Northern Counties of Gateshead and London Broking Services are already piloting the service. "It's early days, but the three pilot sites are going very well," said Mr Collins.

A market source reveals that InsurE-com are also fighting for the contract - but are understood to be a month behind Acturis, with only one site up and running on the technology.

Mr Collins was non-committal about how many members would adopt the new platform, but was confident that a significant proportion will be swayed by the advantages of a common platform and the opportunity to cut down on back-office costs.

Insurance Times


Press Article listings