Motor insurer ERS revamps broker relationship via IHP platform
Specialist motor insurer ERS has adopted software provider CGI's new insurer-hosted pricing (IHP) platform to link it with brokers in an effort to improve the way it deals with quotation requests. The Open GI system allows ERS, a Lloyd's underwriting business, to provide real-time pricing performance and to issue a single, consistent price centrally. The system went live in March and each broker's software provider is expected to be linked up by the end of the year.
Insurer aims to transform its relationship with brokers.

ERS has teamed up with IT services provider CGI to transform the way the insurer interacts with its broker partners through insurer hosted pricing (IHP).

The specialist motor insurer stated it is looking to change how it responds to quotation requests from its brokers by establishing links with each of the broker software houses with a new IHP system built by CGI.

Open GI is the first software house on the system, which went live in March this year, and according to ERS the remaining software