Verez ers piers

Specialist motor insurer, ERS has today announced the launch of a new digital, full-cycle API trading capability called Plug in to ERS, alongside Verex, the market leader in dedicated connected services to vehicle manufacturers, their customers and their brand network - the first company to trade via the new technology.

Verex Group is the exclusive provider of connected data services to 16 leading vehicle manufacturers in the UK. Their portfolio of connected insurance and accident management solutions offers customers a wide selection of leading in-brand personalised digital services.

Plug in to ERS is the next step in the execution of ERS’ digitalisation strategy, enabling brokers to connect their policy management platform directly to ERS’ back-end systems and pricing models, without the need for third party technology. This allows friction-free trading across the full customer lifecycle, from new business quotes and MTAs, through to renewals and cancellations.

All customer touchpoints can be managed digitally, without the need to connect to a software house or portal, making it the most efficient way to trade ERS’ motor insurance products. The technology, built inhouse by the ERS IT team, uses an API integration to connect a broker to ERS’ systems.

ERS Active Underwriter Martin Hall commented: “We see more and more brokers improving their digital capabilities. More often than not, they want to connect directly to insurers to get their latest rates in real-time. The more technology advanced providers, like Verex, are also looking to digitalise their entire trading models with insurers – Plug in to ERS enables brokers to deeply integrate into our systems”.

Hall continued: “We believe that there are significant efficiencies for brokers and insurers that trade digitally and expect that, as more brokers digitalise and see the value, Plug in to ERS will become an important distribution method in the coming years, alongside ERS eTrade and our software house integrations. We are delighted Verex has joined ERS as our first Plug in to ERS partner and are actively seeking more brokers to trade via APIs”.

Sophie Jones, Head of Insurer development at Verex added: “At Verex we have exclusive partnerships with vehicle manufacturers to provide a portfolio of connected insurance services that requires us to have access to insurer’s latest rates in real-time to deliver the very best service to our customers. We invest in cutting-edge technology and data services to ensure we offer a market-leading customer journey and that is why we are delighted to be partnering with ERS. Their solution allows us to deliver the integration we need to trade the full lifecycle across our range of connected services. We’re excited to be the first adopter of Plug in to ERS and to add them to our panel of manufacturer insurers and the team at Verex look forward to developing our relationship with ERS in the coming years.”

About ERS

ERS Insurance is a Lloyd’s underwriting business (Syndicate 218), which has been a leading motor insurer for more than 70 years, providing quality commercial insurance solutions to customers in the United Kingdom. ERS offers a diverse range of insurance for private cars, classic cars, vans, motorcycles, prestige vehicles, taxis, minibuses, fleets, agricultural vehicles and high-risk drivers, sports people and celebrities.

Media Contacts

Jonathan Watson


Mobile: 00447920001398

< Previous StoryNext Story >