General Insurance Article - OIM Underwriting Limited launches e-Underwriting


 OIM Underwriting Limited, part of the UK and international operations of Arthur J. Gallagher, today announces the launch of its e-Underwriting division, a significant step forward for UK brokers in the provision of insurance for home and commercial risks.

 e-Underwriting has developed an auto-rating model that provides point of sale quotations over a wide risk footprint for both standard and non-standard risks. This allows brokers to benefit from lower operational costs because it will not only improve ‘quotability’ for standard risks but also cater for a wide variety of risks that would normally need to be referred to an underwriter.

 During 2012 e-Underwriting will be launching a range of home and commercial products to integrate with all major broking software houses.

 Commenting on the launch of the e-Underwriting team, David Ross, CEO of Arthur J. Gallagher International, said, “We are always looking to stretch the boundaries of traditional thinking in insurance and the launch of e-Underwriting is a prime example of how we are working on behalf of the broker community to develop practical and sensible solutions in a modern environment. Typically, through e-Underwriting, we can offer participating brokers a service that simplifies and enhances customer service. The model is compelling as it helps make a positive impact to any broker’s bottom line.”
 
 Brokers can find out more about what e-Underwriting has to offer by visiting its new website, www.e-underwriting.co.uk

Back to Index


Similar News to this Story

Radical road safety strategy hailed
The AA has welcomed the government’s Road Safety Strategy, which introduces targets for reducing road deaths for the first time in the UK since 2010,
Car insurance premiums continue sliding with 13% annual fall
Comprehensive car insurance premiums have fallen by 13% (£111) during the last 12 months with UK motorists now paying £726 on average, according to th
Consequences of the Los Angeles Area Wildfires
Morningstar DBRS has published a commentary that I think might interest you: "One Year Later: Consequences of the Los Angeles Area Wildfires for the I

Site Search

Exact   Any  

Latest Actuarial Jobs

Actuarial Login

Email
Password
 Jobseeker    Client
Reminder Logon

APA Sponsors

Actuarial Jobs & News Feeds

Jobs RSS News RSS

WikiActuary

Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.