Specialist motor insurer ERS has adopted software provider CGI's new insurer-hosted pricing (IHP) platform to link it with brokers in an effort to improve the way it deals with quotation requests. The Open GI system allows ERS, a Lloyd's underwriting business, to provide real-time pricing performance and to issue a single, consistent price centrally. The system went live in the end of the year and each broker's software provider is expected to be linked up by March.
Specialist motor insurer ERS has adopted software provider CGI's new insurer-hosted pricing (IHP) platform to link it with brokers in an effort to improve the way it deals with quotation requests. The Open GI system allows ERS, a Lloyd's underwriting business, to provide real-time pricing performance and to issue a single, consistent price centrally. The system went live in March and each broker's software provider is expected to be linked up by the end of the year.