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4 February 2022Insurance

Beazley aims to ‘transform’ digital access for global broking partners

London-listed specialist insurer  Beazley’s new digital hub, which combines underwriting, claims, technology and operational experts into one cross-functional team, has started trading.

The insurer launched its new global digital trading division, Beazley Digital, with the aim to deliver seamless digital access and services to a range of high volume, lower premium products for its global broking partners.

Some of the core objectives of Beazley Digital are: offering automated solutions via digital distribution channels minimising response times and reducing referrals, sharing data and insight with brokers to improve portfolio management, and supporting digital transactions with easy access for brokers.

Ian Fantozzi (pictured), CEO of Beazley Digital, said: “With technology playing an increasingly important role in facilitating insurance placement and portfolio management we can now offer access to the digital distribution channels our broking partners want to use – portals, APIs, market hubs and email. Supported by the human experience and interaction that our brokers value so highly.”

He added: “We are not looking to simply ‘digitise’ legacy systems and continue traditional line-led underwriting; instead we have organised the team so that we can offer one Beazley point of contact to access multiple lines and digital services via a selection of digital channels.”

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