Angelique | 19th November 2020 - 4 min readThis week we launched our new API Builder! For those not in the know, ‘API’ is an acronym that stands for application programming interface and consists of code that allows to programmes to ‘talk’ to one another. Our particular API is aimed at brokers and allows them to effectively add any API to products themselves without needing any additional development. This is ground-breaking because not only will it save money but time as well. And brokers will feel empowered to do it themselves. Simple but powerful, APIs are widely heralded as the key to designing customer centric policies with minimal questions sets and enabling more accurate underwriting and pricing. Our new API Builder can help brokers easily get third party data in and out of a platform. So, for example, this might include data from Companies House, or food hygiene ratings from the Food Standards Agency for certain commercial schemes including commercial combined policies. Marine applications will be transformed! With the right API integrations, customers only need to give the shipping number and all other data fields can be populated automatically. These are just some examples of the power of APIs. The possible integrations across most lines are endless. There are plenty of advantages to our new API builder. Getting automated access to the data speeds things up for the end customer, informs the underwriting for accurate pricing and improves customer relationships, giving MGAs and insurers an easy way to innovate and differentiate themselves in the market.