InsurTech: FTI Consulting Partner Up With Moneysupermarket

FTI Consulting, Inc. (NYSE:FCN) today announced a strategic partnership with MoneySuperMarket to design, develop and host a range of data-driven products and services for its insurance partners.

Leveraging FTI Consulting’s digital and data science capabilities, together with MoneySuperMarket’s deep insurance sector expertise, the two firms will collaborate on developing a range of innovative products, offering data-driven insight and intelligence to MoneySuperMarket’s partners across its motor and home insurance channels.

As part of the agreement, MoneySuperMarket will outsource its partner data reporting to FTI Consulting, which will design, build and deploy a new state-of-the-art visualisation portal through which all of the price comparison website’s insurer and broker partners can access critical intelligence and insight.  In addition, FTI Consulting’s insurance industry experts will work closely with MoneySuperMarket to develop new and innovative analytical products and services, including an upgrade of its existing MarketIQ service.

Kevin Hewitt, Chairman of FTI Consulting’s EMEA region, said, “We are delighted to be working with MoneySuperMarket to help build its analytical capabilities and further unlock the value of its data. This partnership offers significant opportunities for both MoneySuperMarket and its partners to enjoy commercial success and respond to the market faster.”

Piers Stobbs, Chief Data Officer at MoneySuperMarket, commented, “We are delighted to be joining with FTI Consulting on the next stage of our partner data development and innovation journey. We’ve seen increasing demand from our insurance partners for our subscription data product over the last year, as well as for support for individual data and analytics projects. Working with FTI Consulting means we can access its outstanding technology infrastructure and insurance expertise to deliver a set of refreshed products to meet those partner needs.”

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