HUG HUB Wins InsurTech of the Year for innovative broker quoting platform

HUG HUB is thrilled to announce that it has been named InsurTech of the Year at the 2023 Broker Innovation Awards for their new innovative product, Extranet HUB. This prestigious award recognizes the most innovative and forward-thinking companies in the insurance industry.

Extranet HUB is a groundbreaking new SME quotation platform for commercial brokers that reduces valueless admin time by around 75% on average by searching multiple insurer extranets in seconds, from just one question set. This makes the broker quote process more efficient and frees up brokers to focus on more strategic tasks.

The panel of expert judges at the Broker Innovation Awards commented that “HUG HUB has built a really innovative and exciting solution that the industry desperately needs.”

Jonathan Davey, CEO of HUG HUB, said, “It is an absolute thrill that we beat off very strong competition to win this award. Our entire team has worked tirelessly to deliver our revolutionary product Extranet HUB to market, and I’m incredibly proud of this achievement.”

In addition to winning InsurTech of the Year, HUG HUB also won a bronze award in the Insurance Times Best Use of Technology for Customer Experience category for Extranet HUB.

Nominations

HUG HUB was also shortlisted as finalists for the Broker Innovation Awards 2023 Best Use Of Technology award. This further recognition of Extranet HUB’s innovative and customer-centric design is a testament to HUG HUB’s commitment to developing technology that improves the experience for its clients and their customers.

“We’re excited to see what the future holds,” said Davey. “We’re committed to continuing the development of our two flagship products, HUG HUB and Extranet HUB.”

About HUG HUB

HUG HUB, a creator of innovative insurance software solutions for the insurance industry, uses data analytics to understand customer needs and preferences. Relevant product recommendations and resonant content is presented to customers, based on previous individual behaviours and interactions, creating a hyper-personalised, ‘Amazon-like’ experience.

HUG HUB committed to helping brokers, insurers, and MGAs streamline their operations, improve their customer experience, and bolster their risk management.

Find out more

To learn more about Extranet HUB and to take advantage of our free trial, please visit here.