The three-year deal, secured following a comprehensive tender process, marks the continuation of a long-standing relationship between the multi-class, multi-territory virtual insurer and the technology partner.
The latest UK strategic partnership sees Open GI help expand Pen’s distribution reach by providing the IHP solution for personal lines and specifically Pen’s range of home products.
IHP Plus is a stand-alone, cloud-based insurer hosted pricing solution. Hosted in Microsoft Azure, it integrates with a number of leading enrichment providers at point of quote offering additional security and reassurance enabling both the enhancement of data and detection of fraudulent activity.
”Part of our ambitious growth plan is to enable more customers to access Pen’s proposition than ever before and Open GI, with a proven track record in this field, will help us further expand our distribution reach while also providing a scalable cloud-based solution to adapt to our needs.”
