Open GI acquires HUG HUB’s Digital Platform

Open GI , an insurance software company, announced the acquisition of HUG HUB ’s Digital Platform.

The Digital Platform provides insurance brokers and MGAs with digital portal capabilities, offering consumers a 24/7 online purchasing experience. It also includes a self-service option for quoting, buying, and purchasing any type of insurance product.

The platform will be initially integrated into OGI’s Mobius platform and subsequently become available across OGI’s other platforms – Core and V.

“We’re very excited to welcome HUG HUB’s Digital Platform to OGI. We’re also thrilled to be joined by a group of HUG HUB’s Digital Platform specialists as we start to integrate the solution into our platform portfolio. The addition of the HUG HUB’s solution will indeed extend Mobius’s digital capability, as well as our other broking platforms. This latest innovation will help our brokers transform their digital interaction with their customers and increase self-sufficiency.” – Simon Badley CEO of Open GI.

Hug Hub, a customer-centric insurance technology platform, was launched in 2014 and backed by Verisk.

Bottom Line: “Some of the projects seems to not be healthy finacially.”