At a glance
- Zurich has quoted on over 169,000 UK SMEs in the last 18 months
- The number of quotes carried out through ZTrade has increased by 152% in a year
- Paul Tombs, director of SME at Zurich comments on the ongoing and dedicated campaign of listening and responding to broker feedback
The number of brokers using Zurich’s SME etrading platform – ZTrade – has increased by 91% in a year to January 2017 following an ongoing and dedicated campaign of listening and responding to broker feedback.
Zurich has quoted on over 169,000 UK SMEs in the last 18 months and as well as increasing the number of quotes carried out through ZTrade by 152% in a year, the number of policies sold has also doubled.
Having added five new types of cover to the platform in August 2016, ZTrade now quotes on the 13 different products.
Paul Tombs, director of SME at Zurich, comments: “98% of businesses in the UK are SMEs so it is not surprising that the operating landscape remains complex. This environment is also changing rapidly which is why ZTrade needs to evolve to match the ever changing needs of SME brokers.
“We listen to the brokers using ZTrade so it continues to provide what they need and it is very gratifying to see such a sharp increase in users. As well as the refresh of the platform in August, we have consistently monitored the changing risk profiles led by new markets and technologies, and sought out the opportunities for growth as the wider economy continues to drive forward.
“I look forward to another 18 months of hard work, steady growth and delivering for the brokers who can then better help their SME customers.”