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Daily Insurance Industry News
Wednesday 22nd of May 2019
November 19, 2007

iprism signs 1 Answer Network

by Gill Montia

Story link: iprism signs 1 Answer Network

iprism, which specialises in commercial cover for SMEs, has signed 1 Answer Network, its second broker network signing within two weeks.

The online comparative quote facility expects to announce further new network partners in the New Year.

1 Answer Network, which was formed in 2005, has followed UKGI in its tie up with iprism.

The network has been growing strongly during in the past year, with GWP for the overall membership now in excess of £50 million.

It has over 20 members and expects this number to rise to 25 in the next few weeks.

The move will allow 1 Answer Network to diversify into commercial insurance, whilst continuing its traditional personal lines offering.

iprism was formed in 2006 with offices in London’s East End and in Brighton.

Its online facility allows the instant production of customer documentation and its panel of insurers includes Norwich Union, Allianz Cornhill, Zurich, NIG, Axa and Legal & General. Legal insurance is supplied by DAS.

Premiums can either be collected by the broker or paid by the policyholder via the site’s online credit/debit card payment facility, or online finance facility.

 

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