Open GI and PowerPlace to showcase SME web trading solution for brokers

7 May 2013

Open GI, in conjunction with PowerPlace, have today announced their intention to showcase their broker-based B2C SME web trading offering at this year’s BIBA conference. The solution will enable their intermediary partners to offer a quote-and-buy service to clients via the web.

Building on the £100m comparative market that PowerPlace has established, the two companies have today announced their intention to provide this capability to brokers with no upfront costs, subject to minimum business volumes being transacted via PowerPlace.

Commenting on this latest announcement, PowerPlace CEO Nick Giddings stated: "Access to multiple products from multiple insurers on a comparative basis addresses the needs of TCF whilst the simple and efficient question set supports a consumer-facing journey on the web. Our intention is to make this solution available to all of our 1,200+ brokers, starting with Property and Tradesman and underlines the combined strategy of PowerPlace and Open GI".

Simon Hughes, Open GI Sales & Marketing Director added: "The solution will be fully-broker branded and will be integrated to the Open GI Core broking platform, eliminating the need for any rekeying between web and back office. It supports the full SME quote-to-buy journey, including PCI-compliant card payment processing. Open GI have a wealth experience in the ecommerce space, supporting over 100 online brands. Bringing this experience to the micro SME space was a natural progression for us. We’re already in the design phase of a follow-up solution for tablet and smartphone devices”.

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