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XS Direct Launch in the UK

XS DIRECT Insurance Brokers Limited, based in Ireland, has entered the UK General Insurance market with its specialist Private Car policy and has chosen to integrate with TGSL as its first distribution channel in the UK.

In a rapid implementation conducted in under 8 weeks, the XS Direct scheme has been built, tested and jointly signed off by XS Direct and TGSL. It successfully went into its first live environment early Q2 2009.

XS Direct is an innovative Irish motor insurer that began life in 2005 specifically to provide high premium drivers with significant savings by including a large excess.

The scheme is competitive for drivers over 25 who currently pay high premiums because they only have a zero, or one or two year bonus, and is particularly aimed at drivers of 'high end' cars. Drivers on their first policy, leaving a fleet policy, coming back from abroad or insuring a second car are often penalized by the bonus system even when they have not made a claim.

'It has been a pleasure to work with TGSL to deliver our product to the Insurance market. We have found TGSL to be flexible, responsive and cost effective,' comments Dave Shaw, Head of Business Development UK, XS Direct Insurance Brokers Limited.

'Having now accepted our first new business policy on the XS Direct product we are very confident it will be a useful addition to our panel. The simple rating structure and the competitiveness of the quotes received so far will certainly add value to our business,' said Gerry Bucke of the Adrian Flux Group, the first broker in the UK to place business with XS Direct.

Simon Macray, Insurer Liaison Manager at TGSL, commented 'We are delighted XS Direct selected TGSL insurance software as its early adopter distribution channel for its first UK Private Car scheme. This product is ideally suited to the TGSL customers and we firmly believe it will be a big success'.