Source launches quick quote GI platform

Sarah Davidson

December 15, 2015

General insurance provider Source Insurance has launched a new platform including a quick quote facility and smart phone, tablet or more traditional laptop and desktop access.

The platform uses advanced quote technology offering a range of improvements and features including a completely re-engineered question set enabling brokers to provide a range of blue-chip options for their client more quickly and accurately.

The new platform means Source can extend the range of cover available to include not only the everyday risks but also up to 95% of non-standard risks online without the need for manual referral.

Built in HTML 5 using leading edge Dot.Net technology the new platform also includes an off-the-shelf API which will make future integrations faster and more accessible many of which are already planned for the new year.

Martin Reynolds, chief executive of SimplyBiz Mortgages, said: “Source has taken on member feedback and launched a new and exciting system that can be used on all devices.

“The system is intuitive, providing help and guidance throughout the quotation process to ensure writing GI is even easier than ever before.

“The new underwriting criteria ensures that more risks fit within the “standard” risk category ensuring customer needs can be addressed quickly without referral to an underwriter.

“I believe this an exciting opportunity for our members to generate additional income from writing general insurance, using a system that has a wide range of products and insurers that support it. It is nice to see that customer feedback has been gathered and utilised to provide a system for advisers, created by advisers.”

Source managing director Kevin Paterson added: “We are excited about the new platform and all of the additional benefits this will bring for the brokers who use us.

“In the past couple of years we have sought to get back to our roots as a software house utilising technology to make writing business in today’s compliance-heavy market quicker and easier by getting the software to do as much of the heavy lifting as possible.

“The new platform is the first of many planned developments that will enable us to do that.

“Particularly exciting is the extension of our underwriting footprint to include non-standard risks online without the need for manual referral, we believe this is a game changer.”

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