Northern Ireland group Prestige Insurance Holdings will go on a hiring spree – announcing 60 new jobs for a digitally-led broking brand to be launched early next year.
The company said technical, product management, customer support, and marketing roles will be filled not only in Belfast, Newry, and Derry~Londonderry but remotely as well. The move is part of a £3 million investment by Prestige Insurance Holdings.
“As a business with local roots and an abundance of heritage, we have a commitment and passion for growth and market expansion and are continually looking for opportunities to develop our business across the group through acquisition and adding to our talent pool,” noted chief executive Trevor Shaw (pictured left).
“We have strategic growth plans in place to help us continue on the path of building a digital-first, modern, and global insurance portfolio, and with a commitment to innovative technology and servicing our network of valued customers, we have a new digital broking brand, Stroll, coming to market in early 2022.”
The insurance group – which is the name behind AbbeyAutoline, BondLovis, Prestige Underwriting Services, Octane London Market, Covernet, and Trumo – is investing more than £3 million to bring Stroll to life.
“The pandemic has seen an acceleration in the shift towards a more digital world triggered by changes in online shopping behaviours that are likely to have lasting repercussions,” added Prestige Insurance Holdings digital managing director Brian Allen.
“Digital technology is a new force that is driving big changes in the insurance sector. For us as insurers, the changing landscape of insurance has led to a flurry of technological advancements in the industry, and the way customers interact with us is changing as a result.”
With Stroll, the parent firm aims to build an insurance journey that Allen said will take customers where they want to be with ease and speed.
He stated: “Our customer is savvy, both technically and culturally, and they need insurance that works for them. Their time is precious, and we want to give them some of that time back by changing how they search for and buy insurance.
“Consumers can bank online, book a taxi, and order groceries all with the touch of a button, and the same should be true for buying insurance. We want to take the hassle out of insurance – no more searching for documents in a bottom drawer – everything will all be available in the palm of your hand.”
Throughout the UK and Ireland, Prestige Insurance Holdings delivers specialist products and services in broking, underwriting, and insurtech. In 2018, the group secured the backing of New York-based investors Capital Z Partners.
