Press release 6 November 2023.
GRiD, the industry body for group risk, today welcomes EIS as its latest member. EIS is a global digital insurance platform provider with ambitious plans to work together with other GRiD members.
EIS cloud-native technology platform supports all lines of insurance business, with clients including tier one general insurance providers. Around 40% of its clients operate in group protection, with their technology providing support from quotation to claim.
EIS hopes to benefit from membership of GRiD in terms of the opportunity for net new growth. The company passionately believes that its technology, combined with the insight and expertise of the GRiD community, can accelerate and deliver that growth to the benefit of all involved.
JP (Jonathan Phillips), protection market lead at EIS, said: “We are really excited to be working with GRiD. The UK group protection space has huge potential but there is a need for technology and automation to create efficiencies particularly within smaller schemes. We hope joining GRiD will open doors and increase potential in both directions.”
Paul White, chair of GRiD, said: “This is a perfect example of how GRiD works to the advantage of its members, with one company supporting others in their quest for growth, and vice versa. We are very pleased to welcome EIS Group and hope that the enthusiasm they show for technology and the industry will help to continue progress and innovation within group risk.”
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For further information please contact:
Sharon Mason
SMUK Marketing and PR
smason@smuk.org.uk
Mob: 07747 611773
Land: 01252 843350
Katharine Moxham
Spokesperson for GRiD
Katharine.moxham@grouprisk.org.uk
Mob: 07887 512508
Notes for editors
About GRiD
Group Risk Development (GRiD) is the industry body for the group risk sector, promoting the value to UK businesses of providing financial protection for their staff, enhancing their wellbeing and improving employee engagement. Our membership includes insurers, reinsurers, intermediaries and those operating in (or with other interests in) the UK group risk market. Together this forms a collective wealth of experience built over many years. Under the chairmanship of Paul White (head of technical, Howden Employee Benefits & Wellbeing) GRiD aims to promote group risk through a collective voice to Government, policymakers, stakeholders and employers.
GRiD works with government departments and regulators involved in legislation and regulation affecting group risk benefits, and with other organisations involved in the benefits and financial protection arenas. GRiD also seeks to enhance the industry’s standing by encouraging best practice and by participating in industry-wide initiatives such as the professional qualification in group risk managed jointly with the Chartered Insurance Institute.
GRiD’s media activity aims to generate a wider awareness and understanding of group risk products and their benefits for employers and employees.
GRiD’s dedicated spokesperson, Katharine Moxham, provides expert media comment on a full range of group risk issues.
Follow Katharine Moxham on Twitter @KMoxham
About EIS
EIS is the first choice for ambitious insurers focused on future-proofing their businesses and building the customer-centric insurance platforms of tomorrow.
Founded in 2008, EIS provides a digital insurance platform that’s been specifically engineered to remove obstacles and provide insurers with the freedom to pursue and achieve important strategic goals. The open, flexible, cloud-native Coretech platform liberates insurers to increase market share, develop new products, build engaging experiences, lower acquisition costs, boost retention, and deliver greater revenue and profits for the long term.
Headquartered in San Francisco and offices in the UK, EIS services insurers globally in all lines of business. For more Information, visit EISGroup.com or follow @EISGroupLtd on Twitter and LinkedIn.
For further information, please contact:
Alex Moscow, 07967 604 652, alex@9mmpr.com