The collaboration aims to integrate FullCircl’s SmartBroker solution into Acturis’ platform, in a bid to drive growth, enhance decision-making, and improve compliance within the insurance industry.
The move has come following recent research in the sector, which has underscore a persistent lack of trust in data among brokers and insurers. This disconnect between the two groups can ultimately lead to much wider issues, including; slower onboarding processes, inaccurate underwriting, as well as underinsurance.
It is hoped that by incorporating FullCircl SmartBroker into the Acturis platform, brokers and insurers can reap the wards. The solution is expected to allow users to enhance customer data to streamline underwriting submissions, efficiently identify and acquire new customers, and improve in-life monitoring for tailored experiences – on top of a host of other innovative improvements.
Acturis is an award-winning Software-as-a-Service (SaaS) provider for the insurance industry. Over the past two decades, it has played a pivotal role in driving innovation in personal and commercial lines by collaborating closely with brokers, insurers, and MGAs.
FullCircl operates as a Customer Lifecycle Intelligence (CLI) platform, providing the insights needed at critical moments. Their software, available through a platform, API, and suite of applications, aids in identifying and acquiring customers, verifying entities, and assessing risk.
Speaking about the partnership Tony Goddard, CEO of Acturis commented, “We’re always looking for new ways to enhance how our customers write more business and ensure the trading experience is accurate, efficient, and effective. Integrating with FullCircl is another opportunity for us to elevate our platform and connect the insights brokers need, when it matters most.”
Andrew Yates, CEO and co-founder at FullCircl added, “This integration has been driven by demand from our shared customer base. We’ve worked together to provide users with a connected solution that will provide meaningful opportunities to drive growth. We believe brokers, insurers and MGAs are better with data, and this integration makes data enrichment more accessible. We’re delighted to announce this partnership so quickly after the launch of our SmartBroker solution and exclusive facility for BIBA members. It’s an exciting time for us, and for our customers in the insurance sector.”
Phil Barton CEO at Partners&, collaborators in the integration, expressed his excitement at the launch commenting, “I am delighted to see the integration of Acturis and FullCircl being announced. As a partner of both firms, and a business committed to intelligent use of technology, we could see the natural synergy in this integration, and the potential added value for our business. I am pleased to have played a role in influencing the development of this valuable proposition for the broking community.”
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