Press Articles

SME e-trade

September 2009

Brokers using Acturis can now trade with a panel of up to 11 different insurers for eight small to medium sized enterprise (SME) product lines.

Acturis said the impact had been dramatic with e-trade activity increasing by 84.2% in terms of quote enquiries. Policy count has also increased by 79.3% with the polciy conversion rate rising to 50.4%. Over the last year, the total premiums bound has increased by 88.7%, with nearly £90m premium SME e-traded business being placed.

Insurance Age