Hug Hub stakes revolution claim with “first of its kind in the UK” extranet roll out
Hug Hub has launched Extranet Hub, an aggregator-style quote tool, claiming it is the first of its kind in the UK that promises to revolutionise commercial quoting for brokers.
According to the firm, Extranet Hub removes the need to rekey data into multiple insurers’ extranet quote systems, saving time and money by getting comparative commercial quotes in seconds. The firm calculated it would cut out on average 75% of time currently spent by brokers on admin and rekeying.
The insurtech first unveiled plans for the service in May 2022, and in turn the product has been in pre-launch trial with brokers since May last year.
It went live in November with property owners
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