News

TRANSACTOR GLOBAL SOLUTIONS

 
NEWS RELEASE 

Winchester, United Kingdom, 5 March 2010  Transactor Global Solutions Ltd (TGSL) Open Market Commercial Vehicle quotation system has been successfully implemented by Adrian Flux Group, the UK’s largest specialist motor

TGSL’s Open Market Rating (OMR) quotation systems blends uniquely OMR products and non-standard products into the same data capture (call-centre and Internet) and produces insurance quotation summary screens with both markets combined.

Gerry Bucke, Senior Manager at Adrian Flux which employs 500 staff across two offices said: “This is now our 5th year with TGSL and business continues to grow. Having started off with Motorcycle, then Private Car, we were very keen to implement Commercial Vehicle on Transactor.” 

TGSL’s team of technical underwriters are able to accept and build schemes that cater for all methods of data delivery and in whatever format and output customers and their insurers request. Schemes included within the Commercial Vehicle panel available to Adrian Flux and other TGSL brokers include Polaris EDI, Non Polaris EDI and Electronic Bordereau.  The Transactor system can also accommodate basic £1 schemes. 

The Commercial Vehicle Line of business currently comprises of over 25 live schemes, with additional products currently in development which will be added to the existing panel once signed off.
Simon Macray, Insurer Liaison Manager at TGSL said, “We would like to thank all of the insurers who have worked with us on their Commercial Vehicle products over the last 6 months. Adrian Flux is very keen for the panel to grow and keen to work with new insurers. We are also continuing to develop further schemes for our OMR panel and for those insurers not currently live”
ENDS

For further information contact:

Transactor Global Solutions Ltd
Ray Vincent, Managing Director
Tel: 08454 585656 or 07770 764546
or
Karen Hunter, General Manager
Tel: 08454 586227 or 07786 256384
Concise Public Relations Ltd
Tel 0207 100 3960
Martin Wood, mobile 07946 527240
Liam Jenkins, mobile 07984 439968

Notes to Editors:

Transactor Global Solutions (TGSL) is one of the top insurance software houses in the UK and focuses on the top 5% of insurance brokers (top 200) and emerging brokers committed to major expansion.

TGSL’s software caters for all insurance business processes from new business to claims, with a complete range of fully automated policy transactions available to the operator, both in the office and on the Internet, and with full sales ledger accounts to trial balance.

It is one of the few software providers to use modern Microsoft based technology with total user configurability to offer a complete insurance solution.  Thanks to its powerful .Net architecture, TGSL’s systems are readily scalable, supporting multiple branches, channels, brands, affinities, languages, and currencies.

Clients include Adrian Flux, the UK’s largest specialist motor insurance provider; Caravan Guard, specialist scheme broker; Insure 4 Retirement, a high volume household insurance call-centre and Internet business, Freeway Northwest, a high volume scheme based UK insurance broker; Heath Lambert, a leading UK independent insurance broker and employee benefits consultant; Jardine Lloyd Thompson, a leading insurance and reinsurance broker; and PetPlan USA, specialist pet insurer.