Visit us at the QEII Centre London for the 2022 Insurance Innovators Summit, billed as the world's most important insurance conference. We're launching usability scores for direct insurers at the show.
MGA Lares launches new household insurance product with Go-Insur
London-based MGA Lares has launched a new household insurance product this month using the Go-Insur platform.
We’re delighted to welcome another MGA client into the Go-Insur fold with specialist MGA Lares choosing Go-Insur to support their plans in the non-standard home insurance space. Lares’s initial Unoccupied product is the first in a series of non-standard household products with more to come over the course of 2022/23.
The engagement with Lares is significant for Go-Insur because it aligns the solution with sector-defining Polaris standards and is the first collaboration with broker platform OpenGI and EDI service provider TrueCommerce. This is a game-changer for Lares and other Go-Insur MGA clients looking for large-scale market distribution and volumes.
Mike Fenton, Director at Lares, says “We needed a versatile insurance platform to maximise our distribution ambitions via established channels like OpenGI and directly with brokers via our own portal. Go-Insur has delivered on both fronts".
"I’ve been impressed with the speed and smoothness of the implementation. From commission to go-live has been 12 weeks. This is good going given the regulatory and technical hoops we’ve had to navigate”.
We needed a versatile insurance platform to maximise our distribution ambitions via established channels like OpenGI and directly with brokers via our own portal. Go-Insur has delivered on both fronts. Mike Fenton, Director, Lares
Brokers can quote & bind either directly on Lares's Go-Insur portal - with a cutdown question set - or for annual and renewing business quote via the full question set on OpenGI. Go-Insur teamed with TrueCommerce to enable the EDI links with OpenGI.
Simon Fenn, Director at Pancentric Digital and owners of the Go-Insur solution, says:
“The alignment with Polaris standards and the collaboration with OpenGI is an exciting moment for our insurance solution. We can now realise significant growth opportunities for Go-Insur clients. It’s exciting to see the first Lares product already transacting via the portal and we look forward to rolling out the rest of their product roadmap during 2022/23”.
Interested in hearing more about Go-Insur?
Pancentric has made it into FinTech Global's Insurtech 100 - a respected industry listing of the world's most innovative insurtech businesses.
Award-winning quote & buy platform Go-Insur and dynamic pricing platform Quantee have announced a new partnership to offer more competitive trading to SME insurer clients.