EDI Trading On-Stream In 2005 & Set To Rise During 2006
Since the introduction of full cycle EDI in early 2005, TGSL has made substantial inroads into this sector, with two market leading motor-cycle insurance call-centres now trading their open market and scheme products via the EDI channel. TGSL’s Transactor solution supports both Internet and call-centre trading via full-cycle EDI.
‘Our approach to EDI is to use the same schemes and documents on the website and in the call-centre, which substantially reduces insurer testing time’ comments Ray Vincent , Managing Director TGSL. ‘We build the EDI capability using a single toolset whatever the line of business may be, and this cuts down the development time for introducing new products, which our insurer partners find attractive.’
Having fully implemented the UK Motor Cycle market for EDI, TGSL has recently completed its private motor project, and the first of three major sites is on-schedule to go live in the Summer.
EDI is also playing an increasing role in delegated authority trading, as witnessed by the award by KwikFit of a contract to TGSL to convert their household insurance panel to EDI trading over the course of 2006.
Please contact for further information:
Ray Vincent
Transactor Global Solutions
Tel. +44 (0)8454 586226
Email. ray.vincent@transactorgsl.com