Daily Insurance Industry News
 
 
Daily Insurance Industry News
Friday 21st of November 2008
August 8, 2008

Open GI releases Active Quote software

by Richard Kilner

Story link: Open GI releases Active Quote software

Brokers now have a new online pricing tool available to them, created by Open GI, which allows them to apply real time rating flexibility over the internet.

The tool, Active Quote, allows a specific target market to be defined by conditions and rules, whilst remaining in accord with insurer agreements.

Brokers will be able to offer the most competitive prices through usage of the broker discount and premium facilities afforded by Active Quote.

The discount feature can be operated on a proportional or absolute basis, meaning discounts can be fixed sums or a percentage.

Furthermore, the new tool works with Open GI’s eAggregator solution.

Active Quote will allow brokers to expand their online capabilities, outstripping their competitors, according to Open GI’s sales and marketing director, Simon Hughes.

 

Filed under: Insurance News

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