Polaris products Standards, ProductWriter and imarket enable MGA’s to quickly, simply and cost effectively launch full cycle insurance propositions to market and expand their digital trading capabilities.
Standards - The digital trading language for the UK insurance industry.
For over 20 years Polaris have curated ‘Standards’. Standards is the commonly shared trading language of the industry and the ‘building blocks’ of the majority of Personal and Commercial lines business written in the UK & Ireland.
Polaris Standards data sets which include; code lists, question sets, data dictionaries and business processes are regularly updated in line with market changes, giving you the latest data to build and distribute your products.
Find out more: polarisukltd.com/standards
Build and Launch with Standards and ProductWriter
Using the vast set of code lists and dictionaries available allows MGA’s with niche offerings to build on existing messaging formats and business models quickly and efficiently using ProductWriter.
ProductWriter is the UK’s leading product definition and rating engine. The cloud software enables MGA’s to quickly and simply build, test and deploy any line of product. Easy to use tools empower Underwriters to update and maintain product rules, rates and algorithms in house with little technical support.
ProductWriter Cloud users also benefit from:
• Excellent version control & change management audit trails
• Simple update of tables, groups and rulesets
• The ability to build once & deploy to multiple distribution points
• Product templates enabling build, test and deployment in under 4 weeks
• Batch testing capabilities to run 1,000’s of scenarios
• Ability to import machine learning models and take advantage of rule based enrichment calls
MGAA Membership Benefits
In addition to all the core benefits that Polaris provide we have teamed up with some of the UK’s leading ProductWriter Consultants to fast track your route to market.
As an MGAA member, we will provide 5 days of technical support to assist in a product build when taking out a ProductWriter & Standards licence.
Find out more:
imarket is a commercial lines digital trading portal connecting broker and insurer systems together through one secure connection.
Polaris is especially keen to get MGAs integrated into imarket, enabling a wider underwriting footprint for brokers and giving MGAs access to wider distribution.
Benefits include:
• Distribution links to 4 of the UK’s leading software house platforms – Acturis, Applied, Open GI and SSP
• Access to over 2,000 Brokers
• Continual Commercial Lines growth – over 450,000 policies written through 2019, up 32% from the previous year
• Efficient and simple two way dialogue enabled between Brokers and Underwriters via our fully integrated Live Chat solution
Find out more: polarisukltd.com/imarket
About Polaris
For over 25 years Polaris have helped define and embed digital trading in the insurance industry.
We are 100% industry owned with over 150 clients in the UK and Ireland.
Because we are industry owned, our focus is primarily on delivering high quality products and services that facilitate digital trading in the insurance industry.
Get in Touch
Want to talk to us about any of our products? We’d love to hear from you.
Standards – Steve Waller – Steve.Waller@polarisplus.co.uk – 07495 780 974
ProductWriter – Martin Thornhill – martin.thornhill@polarisplus.co.uk - 07796 272 648
imarket – Simon Bloomfield – Simon.Bloomfield@polarisplus.co.uk – 07538 343 560
Address
- 4th Floor,
- New London House
- 6 London St
- London
- EC3R 7LP
