Head of distribution says move allows for trading ’with an even broader spectrum of high-quality brokers’
Open GI has partnered with Ark Insurance Services to expand its commercial offering with a tradesperson product for brokers.
A statement released yesterday (9 October 2023) said the product, called Ark Combined Liability, had been designed to meet the needs of both standard and high-risk trades.
It will offer features such as employers liability up to £10m, public and products liability covers up to £10m and tools up to £25,000.
It is now live on Open GI’s commercial micro platform and will extend the range of products available for brokers to quote, compare and sell.
Simon Badley, Open GI’s chief executive, said he was ”delighted” to be working with the Ark team.
“We have forged a strong relationship in the last six years of working together and the roll out of this latest product signifies the latest step in our long-term commitment to grow our commercial lines panel,” he added.
“As a technology partner, we want to ensure that through our connectivity with more than 150 solutions providers we create a breadth of choice across all lines of business.”
’Widen distribution’
The new liability and tools offering will join Ark’s existing property owners and liability schemes, which is also on the same platform.
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Open GI has also partnered with Ark on household EDI, which is available on Core, its full-service broking platform.
Russell Hirst, head of distribution at Ark, said partnering over the tradesperson offering “demonstrates our commitment to this key distribution partnership” with Open GI.
“It has also enabled us to add to the ever-growing portfolio of our products available on Open GI’s platforms, widen our distribution further and trade with an even broader spectrum of high-quality brokers,” he added.
His career began in 2019, when he joined a local north London newspaper after graduating from the University of Sheffield with a first-class honours degree in journalism.
He took up the position of deputy news editor at Insurance Times in March 2023, before being promoted to his current role in May 2024.View full Profile
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