Underwriting agency ProRisk launched its new proprietary quote-and-bind trading platform for brokers today.

At least 150 brokers have signed up to the ProBind platform, surpassing the agency’s expectations.

“It’s been fantastic this morning,” Executive Director Hamish McDonald Nye told insuranceNEWS.com.au. “It’s a pretty amazing platform.

“We developed it in-house. It’s mobile device-enabled and that is a really big difference to a lot of the other broker platforms. You can be a broker with your mobile phone and get a quote; it’s enabled for all browsers; no matter which browser you use, you can use the platform.”

ProBind is an end-to-end, complete policy lifecycle management tool.

The agency’s new Healthcare Professionals Civil Liability product is the first product to go live on the platform, and in the coming months its entire product suite will be redesigned for online transacting.

“Over the course of the remainder of the year, we will release another seven products. They will be released progressively,” Mr McDonald Nye told insuranceNEWS.com.au.

ProRisk aims to transact its entire range of Financial Lines, Casualty, Property and Accident and Health businesses through ProBind, the agency said.

A series of free webinars will be held in coming weeks to help brokers understand the new trading platform.

To register for the webinars, click here.