QuoteSME trading platform to expand next year

Allianz Commercial’s SME e-trading business has grown by 40% since launching its QuoteSME online trading platform one year ago.

QuoteSME has more than 3,300 registered brokers and the insurer estimates that brokers are benefiting from 80% time savings on new business quotes and placement. QuoteSME will expand to become a full-cycle proposition during 2011 to ease mid-term adjustments.

David Martin, head of SME affinity & broker markets at Allianz Commercial, said: "QuoteSME has facilitated tremendous growth in our SME e-trading business in the last year."

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