Hug Hub extranet offering sold to Endeavour Ventures

sold-on-seo

Endeavour Ventures has bought Hug Hub’s commercial lines focused digital quote platform, Extranet Hub, Insurance Age can reveal.

Hug Hub sold the intellectual property for its portal solution to Open GI at the start of the month.

Former Hug Hub CEO Jonathan Davey retired last week and confirmed exclusively to Insurance Age yesterday that the IP for the extranet hub solution had also been sold, to a consortium of investors. 

The remainder of Hug Hub has been put into administration.

With the backing of our tech-savvy investors, Extranet Hub is destined to revolutionise the way-of-working for insurance brokers and offer

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.

You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Insurance Age? View our subscription options

Register

Sign up and gain access to five complimentary news articles every month.

Already have an account? Sign in here

This address will be used to create your account

Arch goes live on Applied

Applied has confirmed that Arch Insurance has launched a specialist property owners insurance product on its commercial e-trading panel.

Biba 2024: FCA to take its time on transparency proposals

Emily Shepperd, chief operating officer of the Financial Conduct Authority, has said the regulator was “overwhelmed” at the response and amount of feedback to its transparency proposals, and that it is going to “really take our time” when considering any possible next steps.