Beazley Group’s flagship data-breach response product has become the first live insurance product on Moore Stephens Consulting’s (MSC) RuleBook Hub, according to a news release.
RuleBook Hub allows underwriters and brokers to obtain quotes for many specialist insurance products in minutes, then bind them immediately upon acceptance and provide full documentation at the point of sale, according to the release. It’s based on MSC’s RuleBook e-trading product, which has more than 1,900 users across the London market with 77 product lines.
“The proprietary MyBeazley online quoting platform built with RuleBook has already been a major success for Beazley,” said Paul Willoughby, head of IT strategy, architecture and innovation for Beazley group. “The RuleBook Hub will allow us to quickly and efficiently distribute omni-channel products to additional online broker networks.”
“We are delighted that leading Lloyd’s insurer Beazley is our first client to go live in the RuleBook Hub,” said David Sweet, partner at MSC. “The hub gives Beazley access to a wide range of broker distribution channels. Both parties are fully committed to a long-term partnership ensuring the success of MyBeazley.com and RuleBook Hub.”
Related stories:
Industry heavyweight signs up for Moore Stephens
Blend Insurance Solutions launches – takes major book from Beazley
