Broker Insights Revamps VISION Platform: Transforming Insurance Data Analytics for Enhanced Insights

Broker Insights Revamps VISION Platform: Transforming Insurance Data Analytics for Enhanced Insights

Broker Insights, a prominent name in insurance data analytics and market intelligence, has recently enhanced its award-winning insurance decision intelligence platform. The upgraded Broker Insights VISION offers improved connectivity and deeper insights for brokers and insurers alike, addressing the growing demands of its expanding user base.

Overview of Broker Insights VISION Updates

The latest updates to the Broker Insights VISION platform come as a direct response to a remarkable 87% growth in Gross Written Premium (GWP) in 2024, now exceeding £6 billion in GWP. This surge necessitated a more robust and scalable infrastructure, catering to the increasing expectations from insurers, Managing General Agents (MGAs), and brokers.

Key Enhancements in VISION

  • Re-architecture of the Platform: The platform has undergone a complete overhaul to unify various systems under a single, efficient technology stack.
  • New Features: The introduction of VISION for Insurers includes an intuitive interface, linked policy views, and enhanced appetite guidance.
  • Future Innovations: Upcoming enhancements will focus on improved engagement, performance, and the integration of AI-driven capabilities.

User-Centric Development Approach

Feedback from users in the UK, Europe, and the US has significantly influenced the development roadmap, indicating a strong desire for innovation and enhanced functionality. Broker Insights’ Chief Executive Officer, Peter Scott, emphasized the importance of this evolution: “This marks a foundational shift in how insurers and brokers engage with their data, empowering our partners with essential tools for success in a changing market.”

Commitment to Continuous Improvement

Broker Insights is dedicated to refining the user experience, focusing on creating a scalable infrastructure that adapts to the evolving needs of its partners. The evolution of VISION represents the platform’s fourth major update since its launch in 2018, transforming from a basic broker prospecting tool managing £20 million in GWP into a comprehensive market-wide platform.

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Future Growth and Market Opportunities

Fraser Edmond, co-founder and president of Broker Insights, stated, “Since our launch, we have been actively listening to our customers and refining our offerings to meet their needs. Our experiences in both the UK and US markets are shaping our product development, solidifying our position as a leading provider of insurance data analytics and market insights.”

As Broker Insights continues to evolve, it aims to establish a future-ready foundation that supports both existing users and the development of new product capabilities. This commitment to innovation highlights the company’s understanding of the vast opportunities within the insurance market.

For more information on Broker Insights and its latest offerings, visit Broker Insights Official Site.

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