Insurer adds new products to PowerPlace

Fortis has extended its relationship with Towergate subsidiary PowerPlace, the commercial EDI business.

It has added a number of new products including commercial and residential property owners, pubs and restaurant policies, through the new software. The new launch joins the Fortis shop product, which went live on the platform in April.

PowerPlace is currently used by over 300 brokers operating off the Open GI platform who now have access to 31 live insurer products. PowerPlace is currently supported by six insurance including NIG, Zurich, Groupama, Fortis, MMA Insurance and Towergate Underwriting.

Mark Cliff, managing director at Fortis Insurance said: "Fortis is a strong supporter of helping brokers transact commercial business online in today's competitive market place. The delivery of our products through Power Place further supports our strategy to grow in the commercial arena, whilst maintaining our promise of providing market-leading efficiency and high levels of service for the benefit of our brokers and their customers."

Mark Armitage, managing director of PowerPlace added, "The addition of these Fortis products to Power Place means that brokers now have access to a range of market leading policies using an online platform which is both cost effective and easy to use. More and more brokers are now seeing the cost benefits of the PowerPlace software where more products and insurers are shortly to be unveiled."