Oneglobal focuses on digital approach; puts 90% of business through Whitespace Platform

Oneglobal focuses on digital approach; puts 90% of business through Whitespace Platform 150 150 Haggie Partners

Oneglobal, the fast growing, independent Lloyd’s broker backed by JC Flowers, the US private equity investor, is taking a digital and data first approach with over 90% of its UK teams now placing business through the Whitespace platform, the fully digital e-trading platform.

Oneglobal’s approach is to put its customers at the heart of everything it does and that includes being technologically savvy to enable a faster and more efficient service to both clients and underwriters alike.

The firm is an active supporter of the London market modernisation programme, Blueprint Two, which it sees as critical to the development of the London market, and digital trading is a fundamental part of that transformation. With its international network of offices across Europe, Dubai, Bermuda, Singapore, Hong Kong and Latin America, Oneglobal has a global strategy around digital adoption and sees potential for further expansion of digital trading beyond the UK. Their Singapore team is already using the platform on a trial basis and hoping to encourage other markets in the region to join too. Whitespace – owned by Verisk, an important technology partner of Oneglobal – sits at the core of its placing strategy.

The feedback and support on the service provided by the Whitespace team has been exemplary.

Ajay Gupta, Oneglobal group COO commented: “As the frequency and severity of risks globally increase, the need for insurance has never been greater. Taking a data first approach means we can be quick to market and provide the analytical and advisory support that our clients require. Whitespace is an invaluable partner in our ability to trade digitally. The platform itself is intuitive and easy to use, allowing us to streamline our data across all classes.”

Marcus Broome, Whitespace chief platform officer, commented: “Oneglobal has a keen focus on digital adoption and it is a pleasure working them and seeing their strategy evolve and broaden. They are an excellent example of how working through the Whitespace platform can offer efficiencies and benefits to all participants in the insurance market, whether that is carriers, brokers or ultimate assureds.”