Metaskil signs insurethebox to Open Square

Source: Metaskil

Metaskil are delighted to announce that insurethebox Ltd selected their Open Square insurance software suite to support all back office and online functions of their highly innovative telematics motor insurance product.

Ian Faulkner, Managing Director of Metaskil said "we are thrilled to have been involved in such an exciting development in motor insurance and I am sure that we will continue to work in partnership for years to come. The unique visual modeling approach to building insurance products and arrangements afforded by our Pact and Napier solutions has meant that we have been able to deliver exactly what was needed without the age old problem of bending the business to fit the technology"

A key factor in the decision was the ability to handle extremely complex rating calculations. According to Mike Brockman, Joint CEO insurethebox Ltd: "Open Square software gives us flexibility and the ability to make rating decisions promptly and with confidence, which will help us to remain competitive in a fast-moving market."

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