FML Choose OpenUnderwriter
London 16th June 2015
FML specialise in schemes including leisure and entertainment and have initially gone live with OpenUnderwriter's quote and buy software for it's equipment hirer product.
OpenUnderwriter is a flexible quote and buy software that can be used without committing to a long-term contract. It is easily configurable and the majority of product changes can be handled by the customer without the long lead times and high costs associated with traditional software. FML's product is fully integrated with their existing website and its team have been trained to be able to amend and update products whenever changes are needed, thus providing greater control to the broker. It will also reduce the need to recruit seasonal staff to manage peaks in demand.
Kevin Scully, director at FML commented, "The world has changed and brokers need a strong on-line presence if they want to remain competitive. The OpenUnderwriter experience was very straightforward and professional. They delivered what they said they would, in the timescales we agreed and there was no deviation in cost. They were flexible enough to allow changes during the implementation process and spent time to ensure that our staff can now make changes to the system whenever we need to. This should enable us to significantly grow our presence in this niche and the early signs are good"
Matthew Tomlinson, founding director at OpenUnderwriter added, "We always try and take a flexible approach and our aim is always to enable brokers to be as self sufficient as they can be. Brokers want to be trading on-line and keeping ahead of the competition but are concerned about hidden costs and over complicated implementation processes. We can help brokers trade on-line quickly, cheaply and effectively. FML have been a great customer to work with and we look forward to helping them develop more products in the future."
FML is a commercial insurance specialist, established in 1994, they provide a brokerage service for competitive insurance products to businesses throughout the UK.
Backed by some of the best Underwriters, they aim to combine excellent cover with cost effective premiums thus bringing a better balance to the commercial insurance needs of a wide range of businesses.
OpenUnderwriter is an open source software house specialising in the development of IT solutions for the insurance market.
Formed in 2002 by an established team under the company name of Applied Industrial Logic (AIL), we begun trading as OpenUnderwriter in 2013. Specialists in the areas of eBusiness and component based development, the team has developed technology for a number of major insurance companies.
The OpenUnderwriter platform has been collaboratively developed by some of the best technical brains in the Insurance Industry over the last 12 years and offers a viable alternative to traditional solutions. To date, OpenUnderwriter has been downloaded over 20,000 times in 30 countries.
Our goal is simple, we are focused on enabling insurers and brokers to perform more effectively by providing a powerful, adaptable and robust open source insurance software toolset that removes the traditional barriers associated with insurance software adoption, including high cost of ownership, slow time to market and restrictive long term contracts.
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