Polaris would like to thank all participating teams from nine insurers and four software houses who worked tirelessly to carry out an upgrade to the Property Owners product available on the imarket platform. The updated product was launched on October 18.
This was a key imarket initiative where a significant change took place, involving all imarket participating organisations. Whilst central co-ordination and testing was carried out by Polaris, there was the need for product and risk capture builds by software houses, and then extensive user acceptance testing by individual insurers. Polaris would like to thank everyone involved in making this project a success.
Steve Waller Head of Standards comments
“The success of this project has been due to the collaboration shown by all parties across the industry. Reviewing and implementing changes to Standards to ensure they remain relevant is key to making digital insurance trading successful and work for brokers and insurers alike.”
Any feedback from participating organisations on learnings from this initiative and how those can be applied to any future similar activity will be gratefully received.