Markerstudy enters multi-year agreement with software specialists

Markerstudy has announced a multi-year partnership agreement with Quotall, utilising its cloud-based, e-trade platform system.

The move is designed to provide access to a wider range of commercial insurance products via a new broker portal which will deliver enhanced products and trading facilities for 700 Zenith Marque broker partners nationwide.

Commenting on the deal, Gary Humphreys, group underwriting director for Markerstudy, said:

“Our strategy as a business has been to develop non-standard, flexible, multi-trade products. These differentiators have set us apart and ensured strong demand from our broker partners, but their complexity gave rise to a further challenge; ease of distribution. With a desire to make it far easier for brokers to transact with us digitally we reviewed the insurance market software options and found Quotall’s system delivers a fresh approach but with the capability of distributing the highly complex products we know brokers want.”

Simon Ball, chief executive at Quotall, said:

“We are excited to be working with Markerstudy, who share our innovative approach to insurance distribution. They recognised that our market-leading software, service and support will significantly contribute to them achieving their ambitious goals within the commercial division.”