BrokerCentral picks Applied Rating Hub for personal lines

Broker management and policy administration platform BrokerCentral has teamed up with Applied Systems Europe and adopted its Applied Rating Hub to give users access to a panel of insurer and managing general agent personal lines schemes available via full-cycle EDI trading.

BrokerCentral said the deal, which will initially focus on motor insurance, would give brokers automated quote, bind, renew, and mid-term adjustment functionality. It is then scheduled to expand into taxi and motorhome insurance, before moving into household insurance.

Nick Jordan, managing director of BrokerCentral, said: “BrokerCentral was created to modernise broker workflows and remove the inefficiencies caused by manual processes, allowing brokers to focus on delivering excellent client service and growing their business.”

“We are excited to work with Applied. Their strong relationships with many UK insurers will remove the burden of developing and maintaining multiple direct insurer integrations, while enabling our brokers to offer a wide range of coverage options to their clients.”

Matt Wellman, senior director of enterprise accounts and insurer relationships at Applied Systems, added: “The collaboration between Applied and BrokerCentral creates greater connectivity across the industry, bringing more brokers and insurers together for scalable business growth and better market viability.”


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