Specialized insurance and risk management solutions provider Groupe Ultima announced yesterday that it has formed a strategic partnership with Policy Works Inc.

Through the partnership, Groupe Ultima’s members will have access to the Policy Works platform—a software solution for brokers to manage and expand their commercial lines portfolios.

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According to a release by Groupe Ultima, the platform “contributes greatly to the foundation of a new integrated technological ecosystem” that the company plans to standardize.

“Today’s business owners are working to create a better customer experience. And to provide a better customer experience, we need to help create a better broker experience, especially in commercial-lines,” Groupe Ultima CEO Bernard Deschamps said in a statement. “The Policy Works platform, integrated with UG2, will provide our entire network with the tools they need to thrive in this ever-changing insurance environment.”

“Policy Works Inc. is proud to partner with Groupe Ultima to provide an integrated commercial-lines solution for both its MGA operations and its broker members,” added Policy Works CEO Kevin Campbell. “We have a common vision for the future of commercial insurance and look forward to bringing the Policy Works platform to Groupe Ultima members.”
 

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