Called Space B IPA (International Programme Administration), the platform has been developed specifically to meet the needs of Brokerslink’s brokers in more than 118 countries to manage and deliver structured and compliant international and cross-border programmes for multiple policies and insurers from a single bespoke digital platform.
It has been created to facilitate international collaboration across the network, allowing brokers to aggregate and consolidate all types of risk and insurance information including policies, premiums, deductibles and coverages, in addition to risk assessment and management details.
Space B IPA, which can be used with all insurance carriers, has been designed and developed in collaboration with Swiss Re Corporate Solutions.
The platform will enable Brokerslink’s brokers to achieve greater consistency and continuity in the management of international and cross-border business, leveraging optimized processes and automation to increase productivity and performance, improve service delivery and provide clients with greater transparency and reduced volatility in their insurance programmes.
“The launch of Space B IPA is such an important milestone. Investing in technology to enable the network to deliver solutions efficiently and effectively to clients is a strategic priority. The network thrives on its ability to actively collaborate on business opportunities leveraging their local knowledge expertise. Space B IPA not only enables this using truly innovative technology, but it will also play a pivotal role in supporting our partners’ and affiliates’ growth and their ability to deliver a consistent, world-class service,” commented José Manuel Fonseca, Brokerslink chairman.
“Our collaboration with Brokerslink has been a success and shows our joint desire to use technology to advance corporate insurance together. We are excited that our IPA is now available to their network of partners and affiliates,” said Andreas Berger, CEO, Swiss Re Corporate Solutions.
“Through centralized coordination of data and streamlined management and connectivity of programme and policy details the platform eliminates inefficiencies and administrative frictions and above all provides a better customer experience,” Berger added.
Source: Insurance Journal
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