ICMIF member and specialist insurer Ecclesiastical (UK) and managing general agent (MGA) iprism have together launched a new digital platform providing cover for smaller not-for-profit organisations operating in the charity, education and faith sectors.
The new platform builds on Ecclesiastical’s existing partnership with the MGA and will make it easier to reach the market and brokers directly. The partnership also gives Ecclesiastical access to iprism’s own extended distribution, including smaller not-for-profit organisations.
As a uniquely charity-owned insurer that gives back to communities through its charitable giving, Ecclesiastical is already making a difference at a local level. The specialist insurer is now looking to partner with brokers that know and understand the risks their customers face better than anyone else to expand on that support.
Chris Withers, schemes and facilities director at Ecclesiastical Insurance, said: “This new proposition builds on our already excellent trading relationship with iprism. They have market-leading underwriting, distribution capability and a shared alignment to our philosophies which makes it an ideal partnership.
“It gives our regional teams additional capacity to focus on growing our business in niche areas while maintaining our position as an insurer that supports local communities through our products and charitable giving.”
The new offer comes with an e-trading platform that has been developed with iprism and provides brokers with a quicker, easier way of getting a quote for customers.
The system has been developed to allow brokers to input customer information directly into the platform and automatically quote a premium as well as produce the relevant policy documents. The specialist insurer has already moved all existing non-profit customers across to the new platform and seen positive outcomes as a result.
Chris continued: “Working with iprism gives us a fantastic opportunity to expand on the work we do with MGAs. We’re impressed with their digital capability which we’re sure will help brokers reaching smaller non-profit organisations in their communities.
“By bringing this new digital solution to the market, we’ll be able to grow our business and offer a high-quality service to even more customers.”
iprism’s CEO Ian Lloyd added: “Ecclesiastical is an important partner for iprism so I’m delighted that we’ve been able to work together to deliver this new platform. It brings together our technical expertise in e-trading with their products to offer more choice, more convenience and greater accessibility for brokers.”
