Iress Announces that Reassured, UK’s Life Insurance Broker, Selected The Exchange Platform for its Advised Protection Business

Iress recently announced that Reassured, the UK’s “largest” life insurance broker, has selected The Exchange platform in order “to power both its advised and non-advised protection business.”

Iress was “chosen after a thorough selection process based on the potential for a long-term partnership and its desire to drive innovation and growth in Reassured’s business.”

The breadth and depth of Iress’s offering, and its cloud-based architecture, “means that it is in the ideal position to work with Reassured to support the wider business as it grows.”

Iress’s Executive General Manager, Sourcing, Dave Miller, said:

“Reassured are a fantastic business and we’re excited to be helping drive their next phase of growth. Iress’s The Exchange is a hugely powerful platform, recently strengthened by the addition of the Iress Features comparison tool, and we’re looking forward to working closely with Reassured to support them in getting the most value out of their partnership with us to scale their business over the coming years.”

Reassured’s Director of Corporate Strategy, Phil Jeynes said:

“Reassured is continuing to grow across a variety of areas and we were impressed by Iress’ commitment to supporting this ambition. They have a strong reputation for outstanding technology and first class service and we look forward to launching our partnership.”

As noted in the update, Iress (IRE.ASX) is “a technology company providing software to the financial services industry.”

They aim to “provide software and services for trading & market data, financial advice, investment management, mortgages, superannuation, life & pensions and data intelligence.”

Their software is “used by more than 10,000 businesses and 500,000 users globally.”

They claim to “have over 2,250 people based in Asia-Pacific, North America, Africa, the UK and Europe.”

Iress has also announced changes “to its operating structure and senior leadership teams following a strategic review of its business.”

The change forms “part of the steps the company is taking to strengthen its position in all markets, drive innovation and help the industry tackle the challenges presented by today’s markets, and follows the appointment of Iress Group CEO Marcus Price in 2022.”

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