SchemeServe is a leading provider of technology solutions for intermediaries. The new platform will create efficiency savings and support growth, giving brokers a fast and simple quote and buy process. Brokers can quote and bind cover quickly with 6-8 easy questions.
Optimum currently specialises in cyber risks worldwide and is looking to expand its presence further into other specialist lines including travel and emergency evacuation.
Sean Yeo, Director, Optimum Speciality Risks, comments: “We aim to take the hard work out of selling cyber insurance for our brokers through a flexible easy to use system, leading insurance products and ongoing training and support. Our online platform makes it simple for brokers to offer a comprehensive cyber insurance product that is straight forward and easy to sell to clients. Also, whilst we currently specialise in Cyber risks, we have ambitions to be more than just a mono product line, so we needed a platform like SchemeServe that would flex and grow with us. We look forward to delivering the same simplicity and security in other lines soon.”
Optimum Speciality Risks will also work with other SchemeServe users to help them offer cyber insurance alongside their current insurance product portfolios.
John Price, COO at SchemeServe, comments: “We are delighted to have secured this partnership deal with Optimum Speciality Risks. Optimum truly understands their product and their target market. Combining this with our online platform and marketing services has enabled it to quickly and easily scale up its broker distribution to tap into this important booming market. As the MGA grows and explores new specialist lines, SchemeServe’s platform will flex and grow with it effortlessly. I’m delighted too that our other broker partners in SchemeServe will get to collaboratively benefit from access to Optimum’s specialist cyber scheme.”
For further information please contact:
SJ Wrigley at Spotlight Consulting: firstname.lastname@example.org or 07909 546104
Kelly Prior at Spotlight Consulting: email@example.com or 07730 572878
SchemeServe is a leading cloud based provider of software to the insurance industry which has grown to operate more than 200 schemes and £150m of gross written premium per annum. SchemeServe is a white-labelled administration, distribution and underwriting SaaS solution for those operating delegated authority schemes business in both personal and commercial lines.
The company’s ‘Scheme Tailors’ are all experienced insurance professionals and using SchemeServe they work with brokers to design bespoke white labelled solutions for customers in double time.
The SchemeServe philosophy is Remarkable Schemes Made Simple.
About Optimum Speciality Risks
Optimum Speciality Risks is an Underwriting Agency with the first of its speciality product lines being Cyber Insurance. The team are experienced cyber insurance experts with capacity support from syndicates within Lloyd’s of London. They take the hard work out of selling cyber insurance for brokers through flexible systems, leading insurance products and training. Its user-friendly platform has minimal question sets to obtain a quote, bind cover and produce policy documentation. It supports its broker partners with ongoing training and guidance and to help them study for professional qualifications within cyber risk.