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Press release:

Ref: OGI0156
20th April 2009

Absolute Switch to Open GI

High net worth broker, Absolute Products Ltd, have switched IT systems from Coversure to Open GI as part of a move to become independent.

The company based in Leighton Buzzard is one of the latest firms to implement the Open GI system in order to improve processing efficiency. They specialise in the high net worth market, insuring large properties and high performance vehicles; writing policies with major insurers, such as Chubb and Hiscox.

Originally a Coversure franchise since 2002, Absolute Products decided to start trading independently this year, in order to focus on their specialist areas; providing superior cover to a high level clientele.

InfoCentre enables the realtime mirroring of business critical information and presents it in Microsoft SQL, an industry recognised format. This format is compatible with common third party data mining applications such as Cognos, Crystal Reports, Microsoft Access and Excel.

Following a review of the major IT systems on the market, the company opted for Open GI. There were several reasons for this, the main being cost and ease of use.

Absolute Products Director, Nicki O’Gorman, commented: “We felt confident that with Open GI we would be able to quickly implement the new system and be up and running straight away. We have used the system before and continue to be impressed with the overall functionality and service provided.

“Open GI is considerably less expensive than other systems on the market, and with a new user friendly interface, it now has a great look and feel. As a niche company with plans to expand, it’s vital to have the latest technology in place, while we invest in staff training. Having successfully experienced Open GI’s eTraining facility, we are keen to explore the company’s ecommerce solutions.”

Open GI Sales & Marketing Director, Simon Hughes, said: “The contract with Absolute Products is one of an increasing number received by Open GI in recent months as a result of our continued investment into new, cost effective solutions.

“Like many specialist brokers, they understand the importance of implementing a system that enables them to focus on service and efficiency. We are pleased to be at the heart of their trading process and their future plans for expansion.”

For More Information contact:
Stacy Prosser
Marketing Team Leader
Open GI
Tel: 01905 754455
email: stacy.prosser@opengi.co.uk

Notes to Editors:

Open GI supplies market leading IT solutions to insurance brokers across the UK & Ireland. With 25,000 users in around 2,000 firms, the company has a 40% share of the UK broker market and is committed to technological innovation. Open GI technology enables personal and commercial lines brokers trading in standard and niche markets to streamline business activity and become more profitable. With a workforce of 300 people and a 30 year heritage, the company enjoys a strong financial performance. For the year ended 31 st May 2007 Open GI reported revenues of £27.3 million and an operating profit of £13.6 million.