Polaris, the insurer and broker-owned software house, will announce next week that IBM has won the contract to be the service provider for its new internet portal.

The portal, to be named Polaris E-Market, will allow brokers to exchange essential information, via the internet, with six major insurers: Allianz Cornhill, AXA, Groupama, Norwich Union, Royal & SunAlliance and Zurich Financial Services.

IBM beat off a combined Microsoft-Accenture bid as well as one by Logica.

Polaris managing director Martin McLachlan said broker-access to E-Market would be free and it could run alongside, and complement, existing broker systems.

He said the portal was an industry initiative and participation discussions were ongoing with several insurers, other than the six major investors. He said a number of software houses were investigating the possibility of building the portal into their own systems.

The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.

Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.