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Hedron Network Champions Acturis + FullCircl Integration

 

Hedron Network, part of Brown & Brown (Europe),  has signed a three-year deal for the recently launched FullCircl + Acturis integration.  Hedron’s bold decision to become an early adopter of this unique connected data solution forms part of its strategy to build a ‘growth ecosystem’ for its partner brokers, further differentiating its position as the network driving the future of independent broking success in the UK.

Hedron brokers can now access FullCircl’s SmartBroker solution directly via API integration with the Acturis general insurance platform as part of their membership options.  SmartBroker delivers rich, contextualised company information on every business in the UK and Ireland. By leveraging data-driven insights, brokers can identify new opportunities and build strong, long-term relationships that drive growth and revenue. Hedron has already seen significant interest when launching the integration at its Broker Forum event in October and anticipates high take-up from partner brokers, with two pilot groups already filled.

Speaking about the deal Duncan Pagan, Consultancy Services Director at Hedron commented: “We’re delighted to be the first network to take advantage of the opportunities generated when two leading insurtech providers come together.  FullCircl’s SmartBroker in combination with Acturis’ digital transformation platform will help our partner brokers identify new opportunities for growth and action them in the most agile way possible.  This is an exciting development for Hedron, demonstrating that broker growth is in our DNA and that we’re willing to rewrite the rules and do things differently to help our partner brokers realise their ambitions.”

Andrew Yates, CEO and Co-Founder at FullCircl said: “Hedron has been a fantastic partner to FullCircl for over 8 years, they have grown with us and truly understand the value of customer lifecycle intelligence.  They also understand the value of being early adopters.  By investing in the FullCircl + Acturis integration they are ensuring their brokers act with sharper customer focus and complete market clarity to drive meaningful growth at every stage of the business journey – identify & acquire, verify & onboard, retain & grow.”

acturis-partners-with-fullcircl-to-deliver-next-generation-data-enrichment-to-the-insurance-market

Acturis Partners with FullCircl to Deliver Next Generation Data Enrichment to the Insurance Market

 

Acturis, the leading technology provider to the general insurance industry, has partnered with Customer Lifecycle Intelligence platform FullCircl to integrate its SmartBroker solution into the platform in order to deliver a rich, contextualised, and connected data solution for brokers, insurers, and MGAs. The SmartBroker API integration will provide next generation data enrichment to Acturis users proven to drive growth, improve decisioning, and enhance compliance.

Recent research has highlighted a persistent level of doubt when it comes to broker and insurer trust in data.  This has significant knock-on impacts when tackling many of the biggest challenges facing the industry – onboarding speeds, underwriting accuracy, underinsurance, personalised customer journeys, risk and fraud reduction, and meeting compliance duties. By integrating FullCircl SmartBroker into the Acturis platform brokers and insurers can:

  • Efficiently identify and win new customers
  • Save time and pre-populate forms in Acturis with validated data
  • Run screening and onboarding checks
  • Enrich customer data to save time and improve underwriting submissions
  • Improve in-life monitoring for personalised experiences, elevated renewal rates, and expanded upsell opportunities
  • Improve customer outcomes and comply with the Consumer Duty

Speaking about the partnership Tony Goddard, CEO of Acturis commented: “We’re always looking for new ways to enhance how our customers write more business and ensure the trading experience is accurate, efficient, and effective. Integrating with FullCircl is another opportunity for us to elevate our platform and connect the insights brokers need, when it matters most.”

Andrew Yates, CEO and Co-Founder at FullCircl said: “This integration has been driven by demand from our shared customer base.  We’ve worked together to provide users with a connected solution that will provide meaningful opportunities to drive growth.  We believe brokers, insurers and MGAs are better with data, and this integration makes data enrichment more accessible.  We’re delighted to announce this partnership so quickly after the launch of our SmartBroker solution and exclusive facility for BIBA members. It’s an exciting time for us, and for our customers in the insurance sector.

Phil Barton CEO at Partners&, collaborators in the integration, expressed his excitement at the launch commenting: “I am delighted to see the integration of Acturis and FullCircl being announced. As a partner of both firms, and a business committed to intelligent use of technology, we could see the natural synergy in this integration, and the potential added value for our business. I am pleased to have played a role in influencing the development of this valuable proposition for the broking community.”

For more information about FullCircl SmartBroker + Acturis, customers can contact their FullCircl or Acturis account manager.

NOTES TO THE EDITORS
For more information please contact:
Kelly Prior, PR Consultant
Tel: 07730 572878
Email: [email protected]

fullcircl-and-ncino-partnership-provides-data-driven-experiences-to-sme-lenders

FullCircl and nCino Partnership Provides Data-Driven Experiences to SME Lenders

 

FullCircl, the Customer Lifecycle Intelligence (CLI) platform that helps financial institutions (FIs) do better business faster, has announced a partnership with nCino, a pioneer in cloud banking.  The partnership brings together FullCircl’s advanced data capabilities with nCino’s best-in class cloud banking platform via API to provide a fast, seamless, and data-driven experience for FIs seeking to improve the speed, efficiency, and profitability with which they acquire, onboard, and serve SME customers.

Meeting the finance needs of SMEs remains a major challenge for FIs. The sector currently has unmet needs of approximately $5.2 trillion, 1.5 times the current lending market*. One in three SME’s identify a need for external finance, and yet only 45% feel confident they can secure this from their banking partner*.  With SMEs accounting for 99.9% of the UK business population**, the opportunity for FIs that can respond quickly is huge. The partnership between FullCircl and nCino presents FIs with a proposition that can help:

 

  • Optimise time to funding – cut onboarding times from weeks to minutes
  • Reduce risk – spot issues and act on opportunities faster
  • Minimise cost – remove friction and enhance the operational efficiency of credit practices
  • Accelerate revenue growth – serve SMEs successfully and cost-effectively at scale
  • Win and retain more SME customers – deliver more commercially-beneficial outcomes

Stuart Boardman, Director of Channels and Revenue Partnerships at FullCircl commented: “Unmet needs are opportunities for new value creation. This partnership tackles head on the challenges financial institutions face in serving SME customers so that they can transform the lending experience and realise the vital value stream SME’s represent. ”

Tom Byrne, GM of Commercial and Mortgage EMEA at nCino commented: “We’re excited about our partnership with FullCircl, which  gives financial institutions the flexibility and scalability they need to meet the unique needs of small businesses at every moment of their customer lifecycle. This partnership is intended to help ensure lenders have the data to fully understand their customers and provide them with the right information at the right time in their journey.”