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Industry Leadership
 
Phillip Walter

Insurecom maintains the most aggressive and sustained software development programme in the insurance industry.

Insurecom has been enjoying a successful year. Pledging never to rest on our laurels, Insurecom is working with many of the top 25 brokers in the UK intermediary community to determine industry direction for 2009 and beyond. We have recently commenced investing into industry research initiatives, and have stated that we will continue to commission important and comprehensive independent studies which explore how the industry operates.

Along with our range of business process solutions, Insurecom is a software house and a group of about 100 people with a dynamic mission. Our aim is to endeavour toward releasing a major version update every two years, with three progressive update releases per year; a development cycle that no other software house can compete with. Many industries outside of general insurance have operated on this cycle for years (even Microsoft re-write their major software every few years – Office 2000, Office 2003, and recently Office 2007) and it’s the most viable development cycle for a software house committed to moving forward with the needs of its customers.

This process is to ensure that every few years the industry gets the most modern, the most cost-efficient, and the most capable software solution available. Today, that solution is agencyPlus. Most of our UK software houses are so debt leveraged with private equity firms, that re-investing brokers license and support fees for this necessary investment is impossible, so at Insurecom we’re thankful for our debt-free financial position and our long-term viewpoint.

We’re pretty straightforward here at Insurecom. We believe that our clear role is listening to the requirements of the industry, invest where necessary, and to not stray from our commitment to provide intermediaries with total business solutions.

Welcome to Insurecom.

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Phillip Walter
CEO, Insurecom

 
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