With an increasingly competitive UK SME market, SMEs often need support and guidance when purchasing insurance. Their requirements when selecting insurance can also vary from business to business – often presenting a variety of challenges. At Open GI, we have designed a solution to help you deal with those broking challenges. Our Powerplace application is fully integrated with our policy administration systems to provide you with a simple e-trading option. It streamlines the Full Cycle process and enables you to quote and compare SME insurance quotes from leading insurers via one single platform. The result – greater efficiencies for you and a choice of insurance premiums to meet your SME clients’ individual needs.
Our largest panel of products and insurers, Micro uses a simple question set to provide an effective way to compare and sell policies in a matter of minutes.Find out more
SME enables you to trade seamlessly with your own insurers using an industry standard question set. Integrated directly with insurers’ systems via imarket, you can write, compare and sell policies efficiently.Find out more
Whatever the SME risk, Open GI brings advanced solutions to all MGAs and Insurers to effectively power your distribution strategy. Our commercial lines trading application – Powerplace – provides your business with a beneficial route to distributing your products via a comparative trading environment. It has been developed to bring greater efficiency to your business whilst delivering exceptional service to UK general insurance and SME market. To ensure your business can respond to market trends we allow your business to flexibly adjust premium rates at the touch of a button. Our pricing application within Powerplace allows you to set rules that are specific to your target market and broker agreements. With this solution in place, your business will no longer need to rely on manually sourcing ‘off screen rates’ when it comes to pricing.
Micro is our inaugural commercial lines e-trading proposition. It works as a wholesale model with insurers, and uses Open GI’s own question set – which we update and maintain. Micro enables access to a wide range of Micro-SME products from an extensive panel of insurers to brokers quickly and easily through our Core policy administration system.
SME is our integrated solution that allows you to maintain your direct relationships with brokers. The question set is designed around industry standards and typically integrates with your system via imarket, while still offering a panel of auto-rated products.