ICE InsureTech, part of Acturis Group, is now a Radar Live collaborator, enhancing ICE’s integration capability.
Willis Towers Watson’s global Radar Live Collaboration programme is set to develop the company’s ecosystem of policy and claims administration vendors, delivering a faster integration of Radar Live, the price delivery platform. ICE InsureTech is the latest vendor to join the programme, providing ICE with the ability to deploy Radar Live’s specialist point-of-quote insurance rating and rules solution.
In today’s marketplace, insurers and intermediaries need the functionality for rapid speed to market, accuracy of rate development and significant operational efficiency. Radar Live’s technology delivers these results to insurers, equipping businesses with system scalability that has the stability to support hundreds of millions of quotes per year. The software allows prices, rules and adjustments to be easily developed and deployed directly to a rating system, calculated in real time.
As a Radar Live collaborator, ICE strengthens its integration capability and product offering. ICE customers can benefit from the fast implementation and valuable investment of integrating the rating software. Ticker is the first ICE customer to connect with Radar Live in a successful implementation that saw Ticker launch in six months.
Speaking about Ticker’s integration, Tim Rourke, Director, Insurance Consulting and Technology, Willis Towers Watson, explained: “The Ticker implementation of ICE Policy with Radar Live went extremely well. The ease of integration with ICE Policy was incredibly straight-forward and we look forward to working with ICE InsureTech on future integrations.”
Andrew Passfield, Chief Executive Officer at ICE InsureTech said: “Our collaboration with Willis Towers Watson will help our clients to stay innovative in a competitive industry. Integrating Radar Live will provide ICE customers with exceptional efficiency and flexibility to have a competitive edge in a changing marketplace.”
Andrew Harley, Director at Willis Towers Watson, said: “We are excited to be collaborating with ICE InsureTech to support its customers in their rate deployment and their ability to react to market developments, through the integration of Radar Live. This collaboration will bring significant value to a combined and robust integration.”
For more information contact ICE InsureTech
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