Price Forbes & Partners has entered into a partnership with Whitespace to provide electronic placing capability for its London business. The platform will commence trading over the next few months, with all classes of business to be rolled out in a phased manner during 2019.
The move is part of a larger deal with Whitespace for the development of new digital functionality designed to support Price Forbes’ clients and markets, and will also encompass other Ardonagh Group companies.
James Masterton, CEO Price Forbes, said: “An end-to-end and fully digital client engagement is critical to our future success. Whitespace will enable us to work with the latest technology, providing a better experience for our clients, our markets and our people.”
Marcus Broome, Director, Whitespace commented: “We are thrilled that Price Forbes is adopting the Whitespace Platform. Truly digital business models are a prerequisite to the market achieving the savings which are vital to its future. We are committed to helping insurance organisations to implement those models.”