General Insurance Systems for Brokers – minimum requirements for the UK Market

General Insurance Brokers who operate in the UK and Ireland general insurance market need a general insurance broking system that is a one-stop-shop for all of their customers’ insurance needs. Insurance brokers need to be able to personalise and customise insurance products and services to suit the specific customers’ portfolio. The UK general insurance market is very mature and competitive. Therefore, general insurance brokers need to be empowered to act as an insurance carrier and function in an autonomous self-contained way, providing full front and back office functionality for the entire administrative needs of their insurance broking operation needs.

General Insurance Brokers need a system that:

• provides the broker with full front office and back office functionality



• fully automates settlements with carriers



• enables full policy administration life cycle; including quote, binding, rate, issue and service



• provides claims management from first report and detailed point in time coverage verification



• enables claim settlement through fast track and full-scale settlements with salvage and subrogation capabilities



• includes billing collection and disbursement system with a flexible, dynamic payment schedule



• has an advanced integrated workflow system that manages all follow-up activities as well as all marketing and cross-selling initiatives.

In summary a general insurance solution for brokers needs to provide distributed access to users, partners, associates and customers while facilitating the ownership and control of data, operations and processes.



General Insurance Systems for brokers need to support the definition, rollout and introduction of traditional as well as innovative and unique pre-brokered insurance products for the general insurance market. This will enable Insurance Brokers to leverage the advantage of green-field niche markets in a strategic way. These relationships will include affinities and selective clientele, while collaborating with pools of carriers via diverse sales and marketing channels.



JMR Consulting UK Ltd and IDIT IDI Technologies are working together to bring the IDIT general insurance software solution to the UK Market.  To find out more about the IDIT solution, please get in touch by using the contact form,  sending an email to info@jmruk.com or calling us on 0845 052 0900.

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