Open GI has teamed up with insurance data intelligence provider, Percayso Inform, with a new data agnostic enrichment service for UK brokers.
The intelligence service will be available through Open GI’s platforms for motor and commercial vehicle lines of business early 2022. There are also further plans to expand this service for home schemes.
Commenting on the new partnership, Percayso Inform Managing Director, Richard Tomlinson, said: “We are delighted to be partnering with Open GI. Our goal is to ensure brokers, MGAs and insurers have access to the widest range of data sources to build a more comprehensive view of their customers so they can improve their pricing strategies and ultimately improve loss ratios. With that in mind, we have launched our new data intelligence platform to the UK insurance market that takes the use of data to the next level. Our intelligence service offers insurance providers access to an extensive range of data, which is completely agnostic and taps into both public and private data and is entirely integrated with the OGI platform.”
Built using the latest technology, the Percayso Inform next generation insurance intelligence platform is capable of handling tens of millions of hits per day. In addition to using its own proprietary data and solutions, the Percayso platform is integrated with a comprehensive range of data sources from leading industry providers. Such data sources include quotes, claims, financial information and ID, fraud and error, geographic information, vehicle, and property.
“Growing competition and changing customer behaviours are driving the need for brokers to have access to more data intelligence in today’s market,” commented Open GI’s CEO, Simon Badley. “Coupled with digital solutions, data enrichment is such an asset to help nurture important customer relationships, assess and price risks accurately, and help widen your market footprint. Our partnership with Percayso Inform helps to broaden options for brokers, MGAs, and insurers around data enrichment services. We look forward to working with Richard and the Percayso team to support our customers.”
Open GI is a specialist software company that offers unique and widely used solutions within the insurance industry. As well as developing and selling the software to companies across the UK, we go beyond by providing support and aftercare that stretches into the years and decades. Our teams are experts in understanding our clients’ needs, matching them with a bespoke or off-the-shelf solution, before implementing and servicing it.
We are part of the Open International Group. We are driven by our people and have ~500 employees across our offices in Worcester, Dublin, London, Winchester, Milton Keynes, Skopje, and Krakow.
For more information on OGI, please reach out to Helen Andrews, Head of Marketing Communications at helen.andrews@opengi.co.uk