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Towergate companies sign £10m deal

Matthew Reed of Axa Commercial Lines

Open GI, has signed a £10m contract with Power Place to develop new electronic products on the Open Trader platform.

The three-year contract covers development, support and hosting services, with Power Place planning to launch at least 100 new products via the platform over the three year period.

Chris Guillaume

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Can brokers survive the rise of ChatGPT insurance apps?

After the launch of the world’s first ChatGPT insurance app sent share prices of major brokers tumbling, Fiona Nicolson examines what the future of insurance distribution looks like when conversational AI becomes a primary customer interface rather than a supplementary channel.

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