Brit joins network's panel.
OurNetwork has launched an enhanced comparative Directors & Officers product for member brokers.
Brit Insurance has also joined OurNetwork's panel of insurers.
The D&O product offers an online comparative facility with a streamlined referral process to the insurer panel, which includes Brit Insurance, Markel International, W. R. Berkley Insurance (Europe), and Zurich Insurance.
OurNetwork’s technology platform also provides point of sale documentation, sales guides and support for placing new business.
Paul Brierley, managing director of OurNetwork said: “Our success and ability to meet the exacting needs of the independent broker is due in no small part to our superior insurer panel and we are delighted to have attracted yet another high calibre insurer in Brit Insurance. With its expertise and vision, we will be in a position to continue to enhance our proposition and add to our portfolio. We are already working with the Group on further comparative products which will be available early next year.”
OurNetwork members currently have access to an SME package, Excess PL / Products and D&O.
Additional products are due to be launched before the year-end with more in development for the first quarter of 2009.
Brokers can also take advantage of the numerous practical business support services including compliance, HR, training and marketing support.
Brierley added: “In today’s climate, competitive products with comprehensive cover are of paramount importance to brokers which is why we focus on giving members the best we can. The competitive products and ease of use of OurMarket has been very warmly welcomed by our brokers, who continue to give us extremely positive feedback on the solutions we offer them.”
Simon Cooter, distribution director, Brit Insurance, added: “We have been impressed by OurNetwork’s philosophy of providing independent brokers with a service proposition and access to products that will enable them to compete strongly in today’s marketplace. OurNetwork shares Brit Insurance’s view that electronic trading is the way forward for small business insurance. We are pleased to have joined the panel and look forward rolling out a number of our products in the coming months.”
