Munich Re Digital Partners selects ICE InsureTech as a Preferred Policy Administration Technology Provider
Munich Re’s Digital Partners have selected ICE InsureTech as a Preferred Policy Administration Technology Provider for their growing stable of insurance technology start-ups.
Munich Re established their Digital Partners global venture with the vision to develop an ecosystem that allows insurance start-ups to flourish. They offer insurance capacity for all lines of business, help businesses to implement their ideas and business plans, with venture capital financing alongside a business partnership.
Digital Partners has approved ICE InsureTech’s ICE Policy solution following a comprehensive selection process, which included not only referencing existing ICE customers, but also on the ability to engage positively with new and innovative insurer start-ups, MGAs, and Insurtechs.
ICE Policy is a proven, scaleable, digital PAS platform enabling rapid product development and deployment, with a self-configurable interface, enabling users to create their own customer journey through the ICE Open Business API.
Mark Dennis, COO of Munich Re Digital Partners added: “At the centre of our proposition is a network of best in class solution providers, and ICE InsureTech are a great fit for this model. ICE InsureTech has an established collaborative approach in engaging with insurance innovators, and this has been proven through their recent ICE Policy implementation at Richard King’s new telematics insurer, Ticker, for whom Munich Re are the capacity provider.”
Andrew Passfield, CEO of ICE InsureTech says: We are excited to partner with Munich Re Digital Partners as a preferred insurance technology partner with our ICE Policy solution. We currently have one partner company already using our ICE Policy platform and several others are in discussion – we are looking forward to a mutually beneficial partnership.”
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Delighted to announce that John Lewis & Partners has launched their brand new type of home insurance with ICE Policy as their Policy Administration System, offering customers greater flexibility and choice.