The way customers buy their insurance has changed – they now look for, and expect, comparison and choice when shopping for their insurance. This phenomenon is extending across insurance markets and is defining the service that customers expect from their brokers.
Quotall has created a market-leading, full-cycle, transactional insurance software solution with web-enabled distribution facilities. Our insurance system can provide multiple quotes, for multiple products from multiple insurers, in multiple currencies, across multiple jurisdictions to deliver a truly global online insurance solution delivering unrivaled choice for its users.
Aggregation in the personal lines market place was a natural evolution given the proliferation of insurance websites. It has also had a significant impact on consumer expectations in relation to brand and product choice.
Consumers seek services that enable them to compare brands, products and prices and this has not been confined to the personal lines markets. In recent years Google has reported a 40% year-on-year growth in search volumes for comparison services in commercial lines.