Fleet specialist inks deal to expand commercial risks coverage

Fleet insurance specialist Compare HGV has teamed up with Applied Systems to consolidate its systems and expand coverage of commercial risks.

The deal will see Compare HGV adopt Applied’s cloud-based Epic broker management system, which will allow the firm to put all customer and policy data from multiple applications into a single system.

The integration will also support the eTrading of small risks and provide data capture forms for the servicing of larger, more complex risks.

Ian Pitt, general manager of Compare HGV, said: “Our previous broker management system didn’t integrate with our rating services, which forced a lot of duplicate data entry and didn’t give us the capabilities to easily target the small or more complex ends of the market.

”Applied Epic’s open architecture and trading capabilities will give us the ease of data flow between systems and the ability to grow our market coverage at scale.”

Priorities

The broker management system can integrate with both Applied and third-party technologies and helps brokers create higher-value business transactions.

Dave Chapman, chief revenue officer of Applied Systems Europe, said: “Brokerage staff only have so much time during the day and if they are spending it rekeying data into multiple systems and insurer portals, they are missing out on revenue-generating activities.

”Applied Epic will give staff at Compare HGV time back to prioritise their trusted advisor role and grow the business with expanded market coverage.”