Quote & Buy Platforms - Top 5 Recommendations
Original blog here: https://www.evermoredigital.com/post/top-5-quote-and-buy-platforms
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First thing's first - there is no best platform. It doesn't exist.
Every platform on the market will likely prove a viable option for most businesses and what might be best for one, may prove wildly ineffective for another. It's about establishing what is important to you, the need of your business and aligning that with the right vendor who can match them.
However, here are our Top 5 platforms that impressed me the most, for varying reasons at various price points, and make up a good panel of suppliers to cover most customers needs. Were I to set up my own delegated authority broker/MGA tomorrow, they would be my personal first ports of call.
As a result, some vendors aren't included obviously included, sadly that's how Top 5 lists work. But that does not mean they should be excluded from your consideration.
There are many we could include as honourable mentions such as Cloud Insurance who we were really impressed by as a pure quote-and-buy distribution play and will be watching closely. SchemeServe, who I used to work for, still remains an underrated platform with a depth of functionality that few can rival - their customer base has proved sticky in the long term and that's a great sign. And DXC's Xuber (for MGA's) is just about as bulletproof, configurable and comprehensive a system as money (a LOT of money) can buy for Enterprise-grade businesses.
What I've seen over the years is that virtually every platform can be exceptional for the right customer and some you think would be incredible have crashed and burned when aligned with the wrong one. It's all about understanding what you truly need and making sure the platform you choose can do it.
Any that you've come across that you think should be on the list?
๐๐ผ๐๐๐ฒ๐ฑ ๐ฏ๐:
Ed Halsey http://www.linkedin.com/in/edwardhalsey/
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Evermore Digital are an insurance technology consultancy focussed upon repositioning thinking across insurance with regards digital sales, marketing and distribution and working to make new technology accessible for all.
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