Press Releases, Latest News, Updates
GROWTH ON THE AGENDA FOR ENTREPRENEURIAL DUO
The entrepreneurs behind a group of insurance and technology businesses based near Pontypool have told Insider about their successes to date and the growth ambitions they have for their current ventures. David Harlow and Stephen Peck own PH Innovate, which is behind a group that includes Quote Detective, Quotethemarket and Next Venture [...]
Insurance business serves an ace at tennis tournament
INSURANCE firm Three Castle Cover hope it’s game, set and match in terms of its business development after launching its new cover at the largest tennis tournament in the UK. Three Castles Cover was main sponsor of the 99-year-old Hunstanton Lawn Tennis Tournament, which was staged between August 18 [...]
Jobs boost at innovative insurtech firm after strong business growth
WELSH insurtech incubator pH Innovate continues to expand its technical and marketing teams after winning new customers for its innovative insurance trading platform. Success in winning new contracts, including one with an app offering an unique reverse auction insurance product, is leading to jobs growth at the Torfaen business. The [...]
Quote Detective moves to larger offices and plans 40 new jobs at Mamhilad Park Estate
A Pontypool-based specialist insurance broker has been able to manage its impressive growth without leaving its home, thanks to the flexibility of the business park where it is based. The rapidly-expanding Quote Detective, which is based at Mamhilad Business Park, was able to stay at the park when it [...]
Booming insurance broker Quote Detective to take on more staff
It’s fair to say things are going quite well for Gwent insurance broker Quote Detective. The firm, based in Pontypool, recently saw its turnover hit £1.8 million on GWP of £12 million – a leap from £500,000 turnover on £3 million GWP in February last year. That surge in growth [...]
An insurance firm is creating 30 new jobs and it’s starting to recruit now
Quote Detective is looking for people to fill both sales and customer service positions An insurance broker is planning to recruit more than 30 new staff over the next year. Quote Detective, which is based in Pontypool, already employs 38 people and is hoping to almost double that figure to [...]
Case studies
Experian partners with Quotethemarket.com as its new API provider
Leading data company website Experian, has chosen Quotethemarket.com to assist developing a competitive panel of car insurance providers who will appear on their newly launched private car price comparison service. Quotethemarket.com provides an outsourced panel development service allowing competitive panels of insurance providers to [...]
Fintech innovator select comparison specialists to power new insurance concept
honcho is the UK’s first reverse auction marketplace for financial services, and they’re offering customers a new way to buy insurance. They were selected for the prestigious Tech Nation Fintech programme 2019 and have raised almost £900k through Crowdcube. Set up as an alternative [...]
Underwriting by machine – case study
PH Innovate customers have realised that to compete they have to be ahead of their competition, Insurance has become more dependent on sophisticated algorithms, relying on new data sources (eg data verification), in order to compete. Risk selection is more individualised, with products becoming available [...]
Multi vehicle insurance – case study
One of our business partners – KGM underwriting were keen to attract more ‘weird and wonderful’ risks such as classic cars, kit cars, ex-military vehicles, horse-boxes to name but a small selection. As a single risk, this didn’t fit into our [...]