Acturis is delighted to announce that Legal & General, insurer to over 1 million UK homes, is making its Rainbow products available to UK brokers on the Acturis platform.
Rainbow Household Insurance is an extensive policy that provides cover for a customer’s buildings and contents.
Key features include:
- Buildings – Up to £500 Home Emergency Cover per call out.
- Buildings – Trace and access cover up to £5,000.
- Contents – Special Events Cover – Contents sum insured recorded on the customer’s policy increased by 10% to cover for special events such as Christmas.
- Contents – Cover for contents temporarily removed from the home up to £5,000 in total (£1,000 for a single article) whilst a customer’s child is in full time education.
- For an additional premium, customers can also choose to extend their cover to include Extended Accidental Damage Cover, Personal Possessions Cover and Family Legal Protection.
Providing wide-ranging Personal Lines Insurer panels is a key part of the continuous investment in and development of Acturis’ Personal Lines proposition.
Simon Hird, Director, Broker & Intermediary, Legal & General Insurance, commented:
“The broker channel remains an important distribution channel for us and we’re committed to supporting our brokers. Making our Rainbow products available on Acturis, given their ongoing growth and success in the Personal Lines sector, is an integral part of our strategy to remain a partner of choice for many UK brokers.”
Jim Lorimer, Personal Lines Director at Acturis, added:
“I am delighted to have Legal & General available to Acturis brokers as part of our extensive Home panel. They are an important addition and will further strengthen our Personal Lines proposition already attracting many brokers.”
Acturis is the leading, award winning Software as a Service provider to the insurance industry. The Acturis SaaS platform is an administration, distribution and underwriting platform used by insurance brokers and underwriters. It now has over 20,000 users across over 450 sites.
Acturis operates in the general insurance market, supporting both personal and commercial lines. The company leads the way in real-time integrations with insurers and has won industry Service Provider of the Year awards and the British Insurance Technology Award.
Acturis has been awarded Business Partner of the Year 2018 at the Insurance Times Awards and Outsourced Partner of the Year 2016 at the British Insurance Awards.
The Acturis Group also includes NIS, ICE InsureTech, Acturis Deutschland and Zycomp Systems.
NIS is a leading provider of software solutions to the travel insurance, assistance and health insurance markets with customers in more than 40 countries.
ICE InsureTech products are enterprise-grade modular software solutions for the management and processing of insurance claims, policies, billing and rating, with integrated business intelligence and insurance analytics.
Acturis Deutschland is the leading provider of insurance price and terms information to the German insurance market and the largest provider of broker administration and trading software in Germany.
Zycomp Systems Limited was originally founded in 1987 and provide modern, cost effective software for the Canadian Insurance Industry.
About Legal & General
Established in 1836, Legal & General is one of the UK’s leading financial services groups and a major global investor, with international businesses in the US, Europe, Middle East and Asia.
With over £1 trillion in total assets under management at 31 December 2018, we are the UK’s largest investment manager for corporate pension schemes and a UK market leader in pensions de-risking, life insurance, workplace pensions and retirement income.
We have also invested over £19 billion in direct investments such as homes, urban regeneration, clean energy and small business finance.