Evergreen Underwriting announced today that 80% of its panel brokers are now trading...

Evergreen Underwriting announced today that 80% of its panel brokers are now trading using its Stage2 platform.

The company said it had recruited a further 10% of brokers over the past few months thanks to a series of regional presentations focussed on the new regulatory rules.

UK development manager Adam Boakes said: “Brokers can't rely on insurance companies to provide efficient back-office services anymore and that is why we continue to pick up business. We are delighted that so many have recognised the potential benfits offered by Stage2.”

Stage2 allows brokers to process all policy documentation and meet FSA deadlines without reliance upon the insurer, Boakes said.

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