A number of Canopius’ business lines have begun to use Whitespace as a means of expanding their digital-only businesses.
As of April 22, underwriters on the Energy, Accident & Health, Marine and D&F Property teams are now able to bind business using the digital platform.
Whitespace is a platform that enables brokers and underwriters to offer, negotiate, place and bind (re)insurance contracts with each other, in a digital form.
Adopting Whitespace prevents rekeying, avoids confusion or doubt, produces an audit trail, enables real time engagement with the key stakeholders and creates a repository of digital data for brokers and underwriters to use.
Canopius plans to enable Whitespace functionality for more of its underwriting business lines in due course.
