OPENQUOTE CREATORS LAUNCH WEBSITE DESIGN SERVICE
NEW INNOVATIONS IN INSURANCE SYSTEMS WILL EXTEND MARKET REACH
(SUSSEX, July 29, 2010) Today Applied Industrial Logic (AIL), creators of the world’s leading open source insurance software OpenQuote, launch their new look website with a brand new function – a fully bespoke website design service. As well as an easy to read layout, the website design service is a brand new offering from the team behind the powerhouse programming of OpenQuote.
Aimed solely at the global insurance industry, this new functionality is a groundbreaking quote and buy facility which allows any insurance product to be sold directly from the web. Insurers, agents, brokers and companies of any size can now come to the software creators themselves to get a more powerful web presence, a new website or simply an upgrade on an existing website.
Using a combination of the latest Web Content Management Systems (CMS) and OpenQuote, the team creates websites that put you in complete control of all content and products. Insurance quote and buy facilities are seamlessly integrated with the online experience and allow rapid adjustments to market changes. OpenQuote delivers a flexibility and power that delivers high quote volumes and policy sales - for any class of business.
Matthew Tomlinson, ceo of AIL comments, ‘For an industry who has for so long suffered traditional barriers that hinder getting products to market quickly and create huge financial implications for software integration, we have effectively overcome this. Using a simple Excel spreadsheet, owners can configure any line of business and deliver any number of insurance products.’
OpenQuote helps brokers, insurers and agents to get products to market, fast. Its efficient beauty lies in the fact that any product can be configured, in any number, with any risk assessment and rating rules. Innovative and powerful, it’s easy to adopt and doesn’t incur large ownership costs, which makes OpenQuote next level software. Along with a powerful risk assessment and rating engine, users maintain products and produce quotes over the web. It’s that simple you don’t need a meerkat to market it.
ENDS
Notes to Editors
For press contacts or general enquiries, telephone AIL on +44 (0) 20 7183 4578 or email contact@appliedindustriallogic.com
Website http://www.appliedindustriallogic.com
The Team behind AIL:
Matthew Tomlinson - CEO
A founding member of Applied Industrial Logic, Matthew has nearly 20 years experience working in the insurance sector. He has designed and delivered IT solutions for both general and commercial lines business, and has experience working in various areas of the industry including Lloyds and London Markets.
Richard Anderson - CTO
Richard has over 20 years experience as a software architect and lead engineer, specialising in insurance solutions. He began his career working on real-time defence and civil aviation systems then moved into the insurance sector when he joined Web-X to lead the delivery of cutting-edge solutions into insurance organisations. Along with Matthew, he is a founder member of AIL.
Mark Gaywood - CFO
Mark began his career over 15 years ago delivering e-commerce solutions for the financial and insurance sectors. In 1998 Mark was instrumental in the start-up of insurance technology provider Web-X, where he remained until the company was sold in 2002. Mark joined Applied Industrial Logic in 2009 where his responsibilities include managing the ongoing funding of growth and development within the organisation.
Mathew Francesco - CCO
Mathew has over 15 years experience in the insurance and financial sectors. His background covers a wide range of businesses, from small private enterprises to large blue chip organisations. Mathew extends our reach throughout the insurance industry and identifies emerging markets where Applied Industrial Logic can add value.
Technical information about OpenQuote:
OpenQuote is a Java EE based server side system. User access to the system is via any internet browser. Using web services and portal technology OpenQuote can be integrated into third party applications. For more technical information please visit the OpenQuote community site: openquote.opensourceinsurance.org.

