“This business was founded after years of working as an insurer looking after brokers, listening to what brokers need most and intimately understanding the market challenges.”
Those are the words of Fraser Edmond, CEO and co-founder of Broker Insights, the newest associate member of the British Insurance Brokers’ Association (BIBA).
The firm, whose platform went live in October last year and which now boasts more than 120 regional broker offices, is designed to help regional commercial brokers with new opportunities to be “seen and heard” by top insurers.
“By the simple, practical application of technology and use of data we believe we can genuinely level the playing field for regional brokers in terms of access to and attention from leading insurers,” said Edmond. “We believe we can drive real efficiencies for brokers and insurers alike by better connecting them at the right times for the right clients.
“The pace with which we have signed up leading insurers is testament to the model we have created and the desire of these insurers to better serve regional brokers. We have over 200 active insurer users in the platform, working with over 120 broker offices, and this is increasing every week.”
The solution is available to brokers at no cost and offers increased visibility to insurers including AXA, Zurich, Hiscox, QBE and Ecclesiastical. BIBA CEO Steve White said he was “delighted” to welcome the firm as an associate member while Andy Thornley, the association’s head of corporate affairs and innovation lead, stated that Broker Insights would add to BIBA’s “thought leadership and direction.”
