ICE InsureTech, part of the Acturis Group, announces that Ticker, the new telematics insurer, has selected ICE Policy as its chosen Policy Administration System.
Both teams have been working closely on implementation for several months, ready for Ticker’s launch in early 2019. The insurer has chosen ICE Policy for its entirely configurable interface, allowing Ticker to build products rapidly in a scalable and secure environment and deploy their own customer journey through the ICE Open Business API.
The partnership has also brought ICE InsureTech together with Willis Towers Watson to integrate with Radar Live, Ticker’s chosen pricing engine.
Andrew Passfield, CEO at ICE InsureTech said: “We’re excited to be working with Ticker, not only because of their new approach to telematics and MGA arrangement with Munich Re’s Digital Partners, but also the impressive team assembled by founder Richard King.
“We also have a great team at ICE, with an abundance of Insurance expertise and a great track record for rapid implementation. We’re looking forward to putting these skills to work as we support Ticker with their aggressive growth plans.”
Richard King, CEO at Ticker added: “We’re entering a competitive market, so agility is key. ICE is sophisticated yet flexible, letting us make changes in minutes with no limit to what we want to do. This will let us develop products rapidly to reach and convert more customers and see a strong return on investment.
“ICE’s extensive motor experience and ready-made interfaces have armed us for the challenge of bringing Ticker to market, and meant our teams were speaking the same language from day one.”
The announcement of the partnership with Ticker follows a number of major wins for ICE InsureTech since its acquisition by Acturis Group in November 2017.
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