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Acturis and NU i-deliver

01 August 2006

By Andrew Tjaardstra

London-based software house Acturis, which has recently won a major deal with Bristol-based broker Jelf and has been at the forefront of imarket development, is offering a Tradesman product with Norwich Union on imarket. Acturis brokers can now trade with Norwich Union via imarket across Shops, Offices and Tradesman.

Phil Nunn, head of e-strategy at Norwich Union, commented: "Our brokers are able to get quotes and bind business instantly. We will continue to develop product and process through imarket to provide our brokers partners with true efficiency in the small to medium-sized enterprise sector".

Theo Duchen, co-chief executive of Acturis, added: "Our brokers are already able to get comparative online quotes from a panel of insurers across four product categories; this is unique in the market".

Meanwhile, Lorega Claims and Underwriting Services has entered into a development partnership with Acturis to include loss recovery insurance - designed to cover the cost of providing claimants with access to professional claims preparation and negotiation service - as a renewal option on commercial combined and high net worth renewals.

Malcolm Harvey, managing director of Lorega, which provides products and services for the handling of policyholders' property claims, said: "Loss recovery insurance enables brokers to streamline their involvement in claims".

Duchen commented: "Innovative products such as loss recovery insurance have an important role to play in strengthening the role of brokers. I hope that by offering this cover through our trading platform we can highlight its benefits and boost its penetration to the broker market."

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