The British Insurance Brokers’ Association has created an Insurance Technology and Innovation Committee with members including Acturis, Applied Systems, Durell, HUGHUB, Open GI, Polaris, Schemeserve and SSP. The committee will formalise the relationship between members and insurance technology suppliers and represent and protect the interests of members.

Nicola Maguire, head of commercial at BIBA, said: “We are excited at the possibility for this committee to ultimately become the go to place for third party organisations and decision makers including government and other regulatory bodies.

“This will allow them to seek advice when they are making decisions on industry matters that will have an impact on the insurance eco-system. This will help the insurance technology and innovation providers to deliver effectively and our members will benefit from smooth transitions during periods of change.”

Steve Waller, committee chair and head of standards at industry-owned standards body Polaris, added: “Long established software houses as well as new and emerging technology providers have become part of the critical infrastructure within intermediary offices.

“They are relied upon to manage day-to-day operations, to trade, to document compliance and to innovate. We’re pleased to support this new committee to encourage representation and collaboration on the big issues.”

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