15 May

15 May 2024: Non-standard property insurance specialists, Ceta Insurance, part of the Atec Group, has gone live on the IS2 Atlas Platform following a significant investment by Ceta to re-platform its system.

The move gives Ceta self-sufficiency with the ability to distribute products across multiple channels and control its customer journeys and pricing.  The project has been delivered by digital platform and distribution solutions provider IS2 and the in-house development team at Ceta.  The partnership encompasses a 5-year contract, which followed a six month tender process that included extensive due diligence.  

IS2 has implemented a modern, API first, cloud native platform for Ceta, a back-office PAS system and a number of customer retail journeys, both direct and aggregator based. Ceta now has full control of its customer journeys and pricing. Ceta Insurance is a long established data-driven, tech-enabled business, using automation where it counts to distribute direct to customers and wholesale via insurance brokers. 

A non-standard company for non-standard insurance. Innovative, established and pioneers of smart, supported insurance solutions. With IS2’s Atlas platform at the centre of the solution, Ceta Insurance has the capability to distribute products across multiple channels. With its five-star heritage and stellar client list that comes from continual R&D investment in the platform, IS2 is a trusted partner that continues to deliver innovative digital solutions to its clients.  

Commenting on the deal, Brendan Devine, CEO at Atec Group said: “We selected IS2 because it has a strong track record and their ongoing investment in R&D is clear. It was also critical that we chose a provider that would future proof our business and keep up with our ambition.  Needless to say, our tender process for this project was thorough.  We are delighted to have selected IS2 – they have a pedigree that gives us and our stakeholders complete confidence.  Ceta’s investment in its products, systems, data analytics, distribution partnerships and compliance mean we are in a great position for continued high growth across all operating areas.” 

Commenting on the win, Simon Pritchard, Managing Director at IS2 said: “We are very proud to be working with a customer with the stature of Ceta, it further endorses the belief we have in our Atlas platform to meet the needs of digital first organisations who seek assurances in the quality and design of the underlying technology. A trend we only see increasing this year.” 

IS2 is an independent digital trading and distribution platform for the schemes market.  It is cloud native, API led.  Established in 1996, it has been delivering innovative digital solutions for Insurers, Insurtechs, MGAs and Brokers for nearly 30 years. It is one of the only platforms to offer hosted pricing for niche schemes.  Profitable and growing it has established partnerships with a number of leading insurers including Markel and Hiscox. 

IS2 offers a seldom found combination of technology that has benefited from continual R&D, together with a long pedigree, heritage and proven track record of supporting its clients in achieving their digital ambitions.   -ends- For further information please contact SJ Wrigley at sj@spotlightconsulting.co.uk or on +44 (0)7909546104 

About IS2 IS2 provides full cycle digital trading and distribution solutions to the insurance schemes market. Its Atlas platform offers true multi-channel distribution, including embedded insurance via its Hosted Scheme Pricing capabilities.  IS2 has been delivering innovative digital solutions for Insurers, MGAs and Brokers since 1996. The business continues to attract leading insurance brands because of the proven track record of delivery and a platform which has benefited from continual R&D and investment.  Providing a true partnership approach which extends beyond that of a tech supplier, IS2 is able to leverage all of its experience to help customers realise their digital ambitions. www.is2.co.uk

About Ceta Ceta Insurance is a non-standard property insurance specialist, part of the Atec Group.  With more than 30 years’ heritage, Ceta delivers its non-standard household proposition through the UK broker and IFA market. Ceta's easy to use quote, buy and bind platform, Infinity, provides advisors with high quotability and range of ISO27001 accredited integration, on-boarding and scaling options which make Ceta and Infinity the go to destination for non-standard risks.  Atec - whose brands include retail consumer platform InsureMy, wholesale B2B property specialist Ceta Insurance and MGA Arkel - has grown policy numbers by 22% in the last year to more than 300,000. Turnover has increased by 34% from £14.5m in 2022 to £19.5m with the foundations in place to achieve £25m in 2024. www.ceta.co.uk www.atecgroup.co.uk    

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