Plum Underwriting widens specialist home capability via Open GI

Open GI has announced that Plum Underwriting’s (Plum) home product, eFlex EDI is live on IHP Plus – Open GI’s latest Insurer Hosted Pricing application.

The partnership provides brokers with access to the latest competitive home products from Plum Underwriting.

“We are delighted to be strengthening our distribution capability with Open GI’s IHP Plus. The application has allowed us to immediately take control of our underwriting and pricing goals in real time, respond quickly to the changing marketplace and easily distribute our core rating engine to third-party systems.”

David Whitaker, Plum Underwriting’s Managing Director

“Already, the opportunities IHP Plus has brought to eFlex EDI are impressive. Our product can distribute and connect to a range of software houses. And now we have successfully launched new products on both Acturis and Open GI’s platforms. Furthermore, we are currently in build to extend the distribution scope to other mainstream software houses.”

David Whitaker, Plum Underwriting’s Managing Director

Launched earlier this year, IHP Plus has been engineered to give Open GI clients the ability to build, manage and instantly deploy new schemes with real-time capability.

“In an increasingly commoditised Personal Lines market, IHP Plus offers a game-changing opportunity for our clients to distribute more products and offer more competitive choice than ever before, which is great for their customers.”

Simon Badley, Group CEO, Open GI

“Providing effective solutions that deliver clear business value is critical to us and so I’m delighted that Plum is already recognising that value through our IHP Plus application.”

Simon Badley, Group CEO, Open GI

Notes to Editors:

IHP Plus is Open GI’s latest cloud based IHP solution. Hosted in MS Azure, IHP Plus offers a real-time pricing application for multiple business lines, allowing insurers, MGAs and brokers to manage, distribute and monitor products directly. IHP Plus also provides the ability to test and learn, data enrichment, quote manipulation, and full reporting capabilities. Open GI is one of the leading technology partners to the General Insurance industry. Open GI provides a range of configurable insurance software to insurance brokers, underwriting agencies, insurers and MGAs in the UK and Ireland. Its technology solutions, which includes Mobius and Core, provide multi-line, multi-channel, multi-brand trading capability complemented by innovative eCommerce and mobile technologies. Open GI is part of the Open International Group and has 550 staff across offices in Worcester, Dublin, London, Winchester, Milton Keynes, Skopje and Krakow.

June 4th, 2020 | Tags: eFlex EDI, IHP Plus, Plum Underwriting