Making tracks

Imarket has failed to live up to the trail blazing expectations of many brokers since it was first rolled out six months ago. As James Salmon explains, it will be a long, hard road ahead if imarket is to be allowed to fulfil its potential, but it should be worth the wait

Imarket has been a long time in the offing and, to use a tired cliche, been hotly anticipated in the industry. It promised the broker an attractive way out of the time sapping, often tedious work of logging on to multiple insurer's websites to try to find the best deal for the client. So the idea that brokers, simply by accessing a single sign on web portal, could have free range of a panel of insurers might have seemed almost too good to be true.

With 800 brokers signing up since the roadshows

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Polaris at 30 – Jackie Childs

In the concluding instalment of Polaris at 30, senior business analyst at the insurance industry-owned organisation Jackie Childs rounds up the progress on digital trading moving from monthly personal lines updates sent out on floppy discs to the new era of risk and rating dexterity that can only be supported electronically.

Polaris at 30 – Phil Bayles

In the final day of the Polaris at 30 Q&A series Ardonagh’s Phil Bayles assesses the development of digital trading from slow, cumbersome and inflexible systems to becoming mainstream.

Polaris at 30 – Derek Cowie

Derek Cowie started working at General Accident (now Aviva) in 1992. Polaris was founded in 1994 launching digital trading platform imarket in 2004.

Polaris at 30 – Theo Duchen

Acturis Group co-CEO Theo Duchen delivers the third Q&A of the Polaris at 30 series and details the collective goal that would put “the UK light years ahead of any other market”.

Polaris at 30 – Stuart Reid

In the second Q&A instalment of the Polaris at 30 series, chair of Partners& Stuart Reid shares memories of the industry moving from paper rating guides to digital trading and his view on the “plainly daft” frustration in e-trading today.

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