The broker’s group revenues dipped in 2017 from £48m to £42m
Brightside’s new MGA, Kitsune, has partnered with CDL retail community to complete its first software house integration in the run-up to its launch.
It is the first in a range of planned partnerships.
The move will enable Kitsune to distribute its motor product lines to Brightside’s Group brands which trades £4bn GWP.
And it claims this will enable the MGA to gain “widespread market coverage” following its launch.
Kitsune’s managing director, Trevor Bowers explained that it was a “major milestone” for Kitsune.
He said that it means: “We are set to distribute our products to Brightside Group brands, as well as other high-volume UK insurance retailers.
“Our partnership and development experience with CDL has been extremely positive, and we are delighted the integration has gone so smoothly.”
CDL is a software insurance house. Its clients include Tesco bank, Swinton Insurance and Ageas Retail.
It will provide connectivity to Kitsune’s rating hub as well as supporting policy fulfilment with documentation generation and EDI (electronic data interchange) transmission.
Nigel Phillips, CDL’s commercial director, said of CDL being the “first channel for distribution of Kitsune’s new motor products.”
He said that he looks forward to supporting Kitsune’s expansion going forward.
Broker, Brightside’s revenue dropped for 2017, while figures showed only a slight fall in revenue from £27.1m to £26.m compared to 2016, group revenues dipped from £48m to £42m.
Last month the broker’s new chief executive Brendan McCafferty said he was excited about the launch of Brightside’s own MGA.
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