Brokers processed £8.2m worth of premiums using Misys premium finance software...
Brokers processed £8.2m worth of premiums using Misys premium finance software in March 2005 - 127% better than in March 2004 - the software house announced today.
The software enables brokers to arrange premium finance completely electronically at point of sale without leaving the Misys system.
The company put the growth down to brokers' increased understanding of the benefits of electronic trading and the addition of several new providers, including, most recently, Finsure.
Mark Ryder, commercial director of Misys General Insurance, said: “We expect the growth to continue as brokers understand how easy the software is to use, the income that can be generated and the overall impact on the running of their business.”
