Autonet launches enriched SME products on CDL's Strata

Specialist van broker Autonet Insurance has launched its Experian Delphi (DFI) assessed SME products on CDL’s Strata platform.

Experian DFI is a data enrichment service that lets Autonet instantly assess the risk of a customer claiming on a policy. Premiums and payment terms can be adjusted in real time based on the DFI data.

Already available to personal lines customers, DFI will combine with CDL’s Strata platform to extend Autonets SME offering with real time pricing based on detailed risk data enrichment.

Autonet managing director Ian Donaldson said: “By working in collaboration with Experian we are able to offer even more competitive prices on SME policies. The Experian DFI score proved to be a valuable tool for our personal lines, which is why we are now using the Strata platform to extend its use for our SME customers.”

Brightside, Ageas Retail and Sure Thing have all recently migrated their systems to CDL’s Strata platform as it attempts to compete with the likes of Acturis and Open GI for a share in the broker software market.

CDL commercial director Nigel Phillips said: As part of our continued investment in Strata, I’m confident that insurance retailers will benefit from our data enrichment services for SME schemes. Commercial lines offer brokers significant opportunities to increase their revenues and the Experian DFI risk score will help brokers create more profitable books of SME business.”