Whitespace, a fully digital e-trading platform and Verisk company, has announced Vega IT as an integration partner.
Whitespace explained that the partnership is a pivotal component of its strategy to expand the delivery of its integration capabilities.
“Vega IT will support customers moving onto the Whitespace Platform in various ways, including structured data transfer, eradicating re-key, and automated broker and underwriter workflows,” the firm said.
Whitespace noted that its set of more than 80 APIs will be critical to this work, giving Vega IT the “building blocks with which they can assemble solutions, having no dependency on Whitespace Platform releases.”
The firm observed that this is a critical juncture in the London insurance market’s digital journey, as many brokers and carriers move to placing digital risks on new platforms.
Lee Timms, head of scaling and integrations at Whitespace, commented, “With more than 50 brokers, carriers and third parties experimenting and building out their integrations in our Sandbox, we need a mechanism to scale our expertise so that our customers and collaborators can succeed.
“Vega IT brings deep domain expertise along with passion and drive to build the next generation of cutting-edge digital solutions for the industry.”
Stanislav Grujic, co-chief technology officer, Vega IT, added, “We are excited to partner with Whitespace. With an API-first approach and a focus on the richness and reusability of data, Whitespace is a global leader in efficiency, cost-effectiveness, and global outreach.
“Combining our deep expertise in insurance and digital product development with such a digitally advanced (re)insurance platform, we are well-positioned to be a strong pillar in co-creating Whitespace’s clients’ innovative solutions.”
