UK's leading payment processing specialists DataCash, a MasterCard Company, and Quotall, an innovative online insurance systems provider have today announced a partnership which will see DataCash's advanced payments technology integrated into Quotall's transactional insurance platform optimised for brokers to trade online.
The e-commerce market in the UK is predicted to grow by 110% in this decade, reaching £123bn by 2020 and, in addition, Google is reporting a 40% year-on-year growth in business insurance search volumes.
The partnership will allow insurance brokers to take advantage of this growth by using Quotall's unique insurance broking software to quote, buy, adjust, manage and renew insurance policies online, while processing payments quickly via DataCash's secure and trusted payment systems.
Head of Partner Channel at DataCash, Simone Leevey comments: "Online insurance trading is on the rise globally. Our collaboration with Quotall will help insurance businesses to reap the benefits of this strong trend and we look forward to what we can achieve together in the future".