Advertise Here
Icon

Directory

IconAccounting & Tax
IconActuaries
IconAdministrators
IconAppraisers & Valuers
IconArbitration Services
IconASIB
IconAssessors & Loss Adjusters
IconAssist and Lifestyle Benefits
IconAssociations & Institutes
IconAuditors
IconBBBEE Consulting and Verification Agencies
IconBroker Acquisition Financing
IconBrokers for Brokers
IconBusiness Process Management
IconBusiness Process Outsourcing
IconCall Centre Outsourcing & Sales
IconCompany Secretarial Services
IconCompliance
IconConsumer Protection
IconCorporate Governance
IconCredit Bureaus
IconDebit Order Collection Facilities
IconDefensive Driver Training
IconEducation and Training
IconEmergency Medical Rescue
IconFAIS
IconFire, Storm, Flood Damage Specialists
IconForensic Investigation Services
IconHuman Resources
IconIndustrial Cleaners
IconInformation Technology and Software Partners
IconInsurance Companies
IconLegal
IconLightning Damage & Surge Protection Specialists
IconNiche Insurance Products
IconOmbud
IconOutbound Sales
IconOutsourcing Companies
IconPolicy Administration
IconPremium Financing
IconPublic Loss Adjustors
IconPublications
IconRating Agencies
IconReference Books & Material
IconRegulatory Authorities
IconRisk Finance
IconRisk Management
IconRisk Surveyors
IconSalvage Operators
IconSpecialized Claims Investigations & Assessing
IconSurveys and Research
IconTraining Courses & Workshops
IconUnderwriting Managers
IconVehicle Accident Management
IconVehicle and Household Risk Inspection Services
IconVehicle Tracking
IconWellness Programs
IconWholesale Brokers
IconZZZZZZ
Image
  Subscribe To »

Genasys ups its quote volume capacity to half a million quotes per day

Published

2019

Tue

17

Sep

Genasys Technologies has significantly increased the quote volume of its SKi® platform in order to better support insurance businesses who source business leads through price comparison websites.

Genasys director, André Symes, says:  “It’s not uncommon for businesses sourcing leads through aggregator sites to receive at the very least around 150,000 requests a day and more often than not, well over a half a million when it comes to motor insurance. While they may only go on to bind a small percentage of these, they still need the ability to respond to these huge volumes. As we’re starting to work with more and more businesses with this requirement, we’ve undertaken a significant project to stress test the SKi® API and work with our partner, QRater to be able to manage even greater volumes.”

In partnering with rating solution provider, QRater, the Genasys SKi®platform has been successfully load tested, demonstrating the capacity to respond to 600,000 quotes a day.

John Harris, chief executive officer at QRater, says: “We believe that our product can hold its own against any rating engine in the world. We know the team at Genasys well having partnered with them to support numerous projects over recent years. The numbers that we have achieved in the load testing to date have been really impressive, and I’m confident that we can further improve on this to help Genasys support clients whose quote management requirement runs into the millions.”

Symes concludes: “We’re absolutely delighted with what we’ve managed to achieve with the support of our friends at QRater. By extending the volume capability of our SKi® platform, we are now able to help a greater number and variety of insurance business effectively compete when it comes to handling large quote volumes on a daily basis. This is a real game changer for our business.”

 
Source: Genasys Technologies
 
« Back to previous page Print this page » |
 

Breaking News »

Allianz Risk Barometer 2020: Cyber top peril for companies in South Africa

9th annual survey on top business risks attracts record participation of 2,700+ experts from over 100 countries Cyber incidents have become more damaging and expensive for companies – and often result ...
Read More »

  

Enabling brokers with tech platform for new IoT-based insurance

Insurance software provider Genasys Technologies was selected as the technology platform provider for SafeHomes, a new technology-driven homeowners insurance solution. SafeHomes, by GENRIC Insurance, ...
Read More »

  

Broker Portal, Coface’s new digital interface for its brokers

Coface launches its new portal for brokers, offering a new experience to its partners in the development of their business around the world. Available in 42 of the countries covered by the Coface group, ...
Read More »

  

When does a claim under a liability policy prescribe?

A claim for indemnification under a liability insurance contract only arises when liability to a third party for a certain amount has been established. For purposes of prescription, the debt becomes due when the ...
Read More »

 

More News »

Image

Healthcare »

Image

Investment »

Image

Life »

Image

Retirement »

Advertise Here
Image
Image
Image
Image
Image
Image
Image
Advertise Here

From The Glossary »

Icon

Deferred Pensioner:

A person who has withdrawn from service or terminated their contributions and elected to receive a deferred pension from their retirement age in terms of the rules of the fund.
More Definitions »

 

Advertise

 

eZine

 

Contact IG

 

Media Pack

 

RSS Feeds

By using this website you agree to the Terms of Use.
Copyright © Insurance Gateway (Pty) Ltd 2004 - 2020. All Rights Reserved.