Insurercore and BIBA develop platform for brokers

The British Insurance Brokers’ Association (BIBA) has partnered with insurtech company Insurercore to create a new searchable platform for members.

Brokers will be able to use the platform, which Insurercore will be demonstrating at stand F88 during BIBA 2019 in Manchester tomorrow and on 16 May, to search for markets, underwriters and insurtech solutions.

Attendees of BIBA 2019 will be able to visit the the insurtech company’s exhibition stand and set up their profiles for the platform.

A year in the making, the platform “will bring real value to BIBA members”, according to the association’s head of corporate affairs and lead on insurtech, Andy Thornley.

Thornley said: “Brokers told us that they found it difficult to know what type of tech solutions were available to help them and where to access them. Similarly, Insurtech firms said they didn’t know who to approach in brokerages, to have the conversation about what insurtech could do for their bottom line.”

“The need for a solution to connect these two communities was an obvious one and the fact that brokers can also use this platform to search for capacity is fantastic.”

“We feel it will bring real value to BIBA members and we’re delighted Insurercore will be at the BIBA conference to showcase the platform to brokers.”

Peter Clarke, founder and managing director of Insurercore, said: “Insurercore has been built to future-proof the insurance market without bringing any disruption to current practices. By opening the network up to other tech companies trying to use digital to drive efficiencies in the insurance market, we act as a bridge between the old and new.”

“We’re delighted to be partnering with BIBA to deliver this benefit to their members and look forward to demonstrating it to them at the BIBA conference.”