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New Unqork Digital Platform Will Streamline Marsh's US Placement and Policy Management Services

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Unqork has announced a partnership with Marsh to develop a new digital platform aimed at enhancing insurance placement and policy management services in the US. This no-code platform will enable Marsh's brokers and insurers to efficiently execute key tasks like structured submissions and quote comparisons. Expected to launch in Q2 2021, the platform will initially focus on casualty coverage and later expand to property and specialty lines. This collaboration aims to streamline operations and improve client service through advanced digital tools.

Positive
  • Partnership with Marsh to develop a no-code platform for insurance services.
  • Platform aims to streamline insurance placement and policy management, enhancing efficiency.
  • Expected launch in Q2 2021, allowing for expansion into multiple insurance lines.
Negative
  • None.

NEW YORK, Feb. 23, 2021 /PRNewswire/ -- Unqork, the leading enterprise no-code platform, today announced it has entered into an agreement with Marsh, the world's leading insurance broker and risk advisor, to build a new digital platform that streamlines insurance placement and policy management services in the US.

The platform will create a digital workspace where Marsh's brokers, and the insurers they work with, can quickly and accurately perform key placement and policy services such as structured submissions, quote comparisons, and midterm policy endorsements on a user-friendly and intuitive interface.

Features of the new platform include seamless data capture, end-to-end renewal/placement workflows, digital submissions and quotes, self-service dashboards, and financial and coverage comparison tools.

The platform is expected to launch in the second quarter of 2021 with casualty coverage, expanding to property, financial and professional liability, and other specialty lines throughout the year.

Rabih Ramadi, Head of Financial Services and Insurance, Unqork, said: "Our no-code platform is designed to enable industry leaders like Marsh to quickly launch complex and mission critical applications allowing faster transactions while providing differentiated experience for all users. We are proud to be the platform powering Marsh's placement and policy management system."

"Marsh's brokers interact with insurers on a daily basis on behalf of their clients," added Louis Piliego, Chief Operating Officer, Marsh. "With our new digital platform we are making it easier for brokers and insurers to collaborate by eliminating many time-consuming administrative functions, which will ultimately benefit Marsh's clients."

About Unqork
Unqork is the industry pioneer no-code enterprise application platform that helps large companies build, deploy, and manage complex applications without writing a single line of code. Organizations like Goldman Sachs, Liberty Mutual, the Cities of New York and Washington, DC and Maimonides Medical Center are using Unqork's drag-and-drop interface to build enterprise applications faster, with higher quality, and lower costs than conventional approaches. To learn more, please visit: https://www.unqork.com.

About Marsh
Marsh is the world's leading insurance broker and risk advisor. With around 40,000 colleagues operating in more than 130 countries, Marsh serves commercial and individual clients with data driven risk solutions and advisory services. Marsh is a business of Marsh & McLennan Companies (NYSE: MMC), the leading global professional services firm in the areas of risk, strategy and people. With annual revenue approaching US$17 billion and 76,000 colleagues worldwide, MMC helps clients navigate an increasingly dynamic and complex environment through four market-leading businesses: Marsh, Guy Carpenter, Mercer, and Oliver Wyman. Follow Marsh on Twitter @MarshGlobal; LinkedIn; Facebook; and YouTube, or subscribe to BRINK.

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SOURCE Unqork

FAQ

What is the new platform Unqork is developing with Marsh?

Unqork is developing a no-code digital platform with Marsh to enhance insurance placement and policy management services.

When is the expected launch date for the new platform?

The platform is expected to launch in the second quarter of 2021.

What features will the new platform include?

The platform will include seamless data capture, end-to-end workflows, digital submissions, and comparison tools.

How will the new platform benefit Marsh's clients?

The platform will streamline administrative functions, making it easier for brokers and insurers to collaborate, which benefits clients.

What types of insurance coverage will the platform initially support?

The platform will initially focus on casualty coverage, with plans to expand to property and specialty lines.

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