Xchanging’s insurance software business, Xuber, has upgraded Brokasure Enterprise, its software package for brokers.
The new version, which has been implemented by brokers Lockton, RFIB and Towers Watson, incorporates new functionality to support brokers with an international reach.
It allows customers to run separate accounts in different geographical areas as well as separate trial balances with the same ledger.
The upgrade is a result of Xuber’s collaboration with Brokasure User Group, a forum for users that collectively invest in the continual enrichment of the platform.
Head of Xuber, Adrian Morgan, said: "We are delighted to announce the completion of what is the biggest and best release ever developed for the Brokasure Enterprise product, the result of over 20,000 man-hours of effort.”
“The world of broking is now truly global, transcending borders, currencies and local regimes; we believe that the new Brokasure Enterprise software addresses this reality head on, improving processes and affording clients the ability to bring products to market faster than ever before."
Chris Wheeler, head of IT at Lockton, said: "Overseas growth is central to Lockton's business strategy. It's imperative that Xuber supports territorial variations such as multi-currencies across different lines of business and enables fast product-to-market timescales.”
