Insurance Direct Group launches insurtech broking service

Insurance Direct Group Solutions has launched an insurtech broking service under the brand Get Indemnity.

The digital insurance broker allows UK companies with revenue up to £100m to apply for and manage their commercial insurance online.

Founder of the new company, Simon Taylor, who previously worked at Willis, QBE and Chubb, said: “Customer preferences are driving change within the market and insurance brokers have a significant part to play in delivering effective insurtech solutions.

“It’s not surprising that in an increasingly digital world, customer’s expectations have changed. Our research identified that small-to-medium sized businesses want a simple, transparent and cost-effective service that can be delivered online.”

The market is being shaken up by insurtech, which in 2018 attracted some £1.3bn in investment.

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