Latest win for IS2 announced;
Markel has selected digital platform and distribution solutions provider IS2 to re-platform the policy administration system for Caunce O’Hara, one of the insurer’s direct-to-customer brands.
Moving to IS2’s Atlas platform will support Markel’s plans for the brand in the UK, including enhancing the online customer journey, improving the renewal process for existing schemes and consolidating products to make it easier for customers to navigate. The Atlas platform will provide API rating and fulfilment, which will allow the brand to distribute through multiple sales channels.
Caunce O’Hara & Co Ltd was acquired by Markel in 2019 and through its Direct business has been providing insurance to freelancers, contractors and small business owners for more than 25 years. The business has won the Feefo Platinum Trusted Service Award for 5 years in a row.
Commenting on the technology, Rob Rees, Divisional Director at Markel Direct, said: “As part of our growth ambitions, we need a system that is digital first, will consolidate our broad product offering, provide access to wider distribution, and maximise conversion and retention rates. We selected IS2 because of their strong track record in delivering for our business across a number of projects, and their ongoing investment in R&D is clear. We are proud to deliver award-winning service to our customers and maintaining those service levels through a superb customer experience, which is imperative to us.
“For the customer base we are targeting, it is essential that we can offer a service that is tailored to customer needs, with policies and optional additional covers that are clear, and an online quote and buy platform that is quick and simple to use. Atlas will enable us to achieve this and we’re delighted to be working with IS2 on the project.”
Simon Pritchard, Managing Director at IS2, comments: “Brokers and insurers place immense trust in the software firms they choose to partner with. Making the right choice is business critical. We are delighted to have expanded our partnership with Markel to now include their Caunce O’Hara brand. They are an established business with a strong heritage and reputation for expertise and service. Their decision to partner with us highlights our abilities and recognises how our Atlas platform meets the needs of digital-first organisations who seek assurances in the quality and design of the underlying technology.”
IS2 is an independent digital trading and distribution platform for the schemes market. It is cloud native and API led, enabling companies to scale their system quickly and connect directly with third party systems. Established in 1996, it has been delivering innovative digital solutions for Insurers, Insurtechs, MGAs and Brokers for nearly 30 years. It is one of the only platforms to offer hosted pricing for niche schemes. Profitable and growing, it has established long-term partnerships with a number of leading insurers and experienced 50% growth in 2023. IS2 offers a seldom found combination of technology that has benefited from continual R&D, together with a long pedigree, heritage and proven track record of supporting its clients in achieving their digital ambitions.
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