Polaris at 30 – Ray Vincent

Ray Vincent

As insurance industry owned Polaris celebrates its 30th birthday, Insurance Age asks experts for their recollections on the dawn of digital trading and what is coming next.

In a week-long series the specialists drawn from brokers, insurers and technology houses share their insights on the key steps in the evolution of e-trading.

Here, Ray Vincent, who began his career at Mitronix Insurance Software in 1987 going on to found Transactor and more recently i-Wonder, gives his input.

What was trading like 30 years ago?

So, casting my mind back to 1994. No off-the-shelf broker system had a relational database. All the application software was monolithic.

There was no

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