Despite the economic downturn, Open GI has experienced month-on-month increases in the number of Personal Lines quotes delivered by its quotation engines and exceeded 1 billion in the last 12 months.
eBroker for Personal Lines, a gateway to over 49 million online consumers is currently delivering over 100 million quotes a month for Motor, Home, Truck and Bike insurance from its aggregator panels.
Motor insurance accounts for over 90% of quotations and policy sales with continued signs of growth allowing consumers to search and purchase online in real time.
Simon Hughes, Sales and Marketing Director, Open GI, commented: “We continue to see growth in the number of personal lines quotations we’re delivering online, particularly to the aggregator channel and a good number of our broker partners are using this route to market to good effect.
In terms of the future, we think the opportunity will be to capitalise on the huge potential of selling micro SME business online by further developing e-commerce solutions for insurers, brokers and aggregators to help make the transaction a faster and far more efficient process and ultimately improve the level of customer service and choice for the consumer.”