Managing general agent Pen Underwriting has implemented IHP Plus, which is Open GI’s cloud-based insurer hosted pricing solution. Under the three-year deal Pen Underwriting will use IHP Plus for personal lines and specifically its range of home products.

Jamie Lawson, eTrade and schemes director at Pen Underwriting, said: “Providing agile, compelling and competitive solutions – particularly in what is a highly dynamic personal lines market – is central to Pen’s service proposition.

“Open GI’s flexible platform with its ability to offer real-time pricing adjustments, third party data enrichment, product performance monitoring and insights into customer buying behaviour will be central to that, as will its ability to integrate with other partners and software houses.”

Simon Badley, CEO of Open GI, added: “Our relationship with Pen Underwriting has been collaborative from the offset. We have not only forged a strong partnership but generated real momentum from tender process through to implementation.”

Share Story: