Willis Networks Announces New Online Trading Portal Powered by Simply Business

Willis Networks is the Group’s alliance with over 130 independent brokers in the UK. The exclusive relationship with Simply Business provides Willis Networks members access to small business insurance products for over 800 trades across the construction, professional, retail, pubs, restaurants and landlords sectors. Insurance policies are provided by 13 insurers including Aviva, Axa, Zurich and RSA.

Through the development of the new Willis eQuote platform, Willis Networks members will be able to compare and bind Simply Business insurance products online on behalf of their clients, enabling brokers to be able to compete more effectively in a price sensitive market. Importantly, Willis Networks’ independent broker members will be able to utilise the smoother, faster process when placing their small business clients’ insurance.

Sara Fardon, Managing Director, Willis Networks says of the alliance:

“We were seeking a solution to help our brokers compete more effectively in the small business insurance market place. The high quality services and advice provided by our members combined with Simply Business’s product set and the efficiencies of an online comparison trading platform will enable Willis Networks members to offer something truly compelling and unique to help them compete in their local markets.”

“By entering into this exclusive alliance, Willis Networks has assured its place as an innovative Network enabling the growth of its members. Simply Business has proved itself to be an innovative organisation, continually developing its products and platform to offer clients an excellent service.”

Chris Slater, Chief Operating Officer at Simply Business, said:

“We pride ourselves in our agile approach to bringing products to market, and so this opportunity to partner with Willis in the broker space is hugely exciting.”

“Simply Business is looking to build on its success in the online SME market by working with Willis to create a unique platform for brokers to trade such business and continuing to challenge the technology options available to the insurance industry.”

“Willis eQuote will keep evolving as technology and products are continuously updated, offering the most competitive platform to anything else out there in the industry.”

About Willis Networks

Willis Networks is made up of the Willis Commercial Network (WCN), which represents larger independent brokers and Willis N2, representing smaller provincial and start up brokers. For more information, visit www.willisnetworks.co.uk.

About Willis Group

Willis Group Holdings plc is a leading global insurance broker. Through its subsidiaries, Willis develops and delivers professional insurance, reinsurance, risk management, financial and human resource consulting and actuarial services to corporations, public entities and institutions around the world. Willis has more than 400 offices in nearly 120 countries, with a global team of approximately 17,000 employees serving clients in virtually every part of the world. Additional information on Willis may be found at www.willis.com.

For further information, or to arrange an interview please contact:

Willis Media:
Ingrid Booth
+27 11 535 5400
boothi@willis.com

Simply Business Media:
Sophie Howard
+44 20 7009 3128
Simplybusiness@3-monkeys.co.uk

Willis Investors:
Peter Poillon
+1 212 915 8084
peter.poillon@willis.com

About Simply Business

Simply Business is the UK’s favourite business insurance broker.

Launched in 2005, Simply Business provides an online brokerage service delivering policies tailored to individual business requirements. It has a team of UK based insurance specialists and employs over 250 people across offices in London and Northampton.

Simply Business insures over 250,000 UK SMEs and owing to its internal underwriting capability can cover over 1,000 trade types. It has been a Sunday Times Tech Track 100 company for the past three years and was recently named in the Deloitte Technology Fast 500 EMEA. Revenues have grown from £4.2 million in 2006, to £22.9 million in 2012.