Quotall is the provider of a cloud based, price comparison platform for distribution of commercial lines of insurance
Quotall is a specialist software house that provides a fully automated online transaction and price comparison system that is designed to reduce the cost of distribution of commercial lines of insurance to SMEs.
By reducing the costs of sale and automating much of the administration involved, the Quotall platform could potentially provide the Consumer with greater choice, the Insurer with a wider audience and the Broker with a new, modernised and efficient way to distribute commercial insurance products to SMEs.
The Company recently agreed terms with a major new client that has 4,000 staff across the UK and number of very recognised brands within its Group.
£1.8m EIS equity and secured debt
Directors, HNWI introduced by West Hill & Quotall
EIS Rights Offer closed April 2017.
Quotall has subsequently won a significant 3 year licensing contract with Markerstudy for their commercial insurance business. Markerstudy is a very large and diverse group with significant operations in retail broking, personal and commercial lines.
The contract represents a potentially transformational development for the Business.