AssuredPartners London (APL) has awarded a contract to Charles Taylor InsureTech to implement a broking solution for the insurance brokerage firm.
The insurtech company will implement an end-to-end solution to manage APL’s entire business, including full integration with London market systems.
The new solution will consolidate two incumbent systems and will transfer APL’s business onto a dynamic, future-proof platform.
Charles Taylor Insuretech has commenced the implementation, which will be live by the end of 2016.
“We are committed to offering a professional and bespoke service, and rely upon a powerful broking system to underpin the processes we’ve refined to deliver it,” said APL COO Sean Gough.
“Charles Taylor InsureTech truly understands the role of technology in driving our business forward. The new system will give us the edge and help us serve our clients better in a highly competitive market,” he added.
APL selected the insurtech business due to the rich capability of its broking platform, combined with Charles Taylor’s “deep insurance market knowledge and the delivery reputation of its team.”
For Charles Taylor InsureTech, securing the contract with AssuredPartners “marks an important step forward” in its expansion into the broker market.
“APL is a well-recognised international broker and we are delighted that they have selected us for this important contract, which will support their ambitious growth plans,” said Charles Taylor InsureTech CEO Jason Sahota.
Charles Taylor breaks through £90bn insurance tech market
Think Insurtech won’t take off? £6 million says different…
Major insurer teams up with Silicon Valley platform
Insurance start-up Clark raises over £11 million