Misys has put its electronic trading platform OASys Commercial on general release following a successful pilot.
Fortis and MMA will be the first insurers to release products on the platform that will allow integration between the broker’s system and their own, said Misys.
Misys General Insurance sales director James Gamble said: “By enabling brokers to electronically transfer standardised risk information to multiple insurers, they can reduce costs, minimise errors and improve overall service.
“This will give brokers and insurers a competitive advantage in today’s market, but also the ability to cost effectively grow their commercial business.
He said the feedback from the OASys Commercial pilot had been extremely positive.
