Announcing the move, Marcus Radcliffe, managing director of HIPS Assured, said: “We have been commercially prudent in our preparations for HIPs and have watched the market very closely in recent months. Having continued to tailor our solution over the last twelve months, we now feel it is time to act.”
Whilst reticent about numbers, HIPS Assured has confirmed that its monthly commitment is to a 'significant number' of HIPs.
Commenting on the selection, chairman Peter Bruning said: “We have been working closely with LexisNexis Visualfiles for a while now. In any new market there are plenty of new suppliers willing to have a go. The selection of LexisNexis Visualfiles with its technology and reputation makes perfect sense. It fits well with our truly independent offering to the market, enabling the agent to remain in control and maintain local relationships should they wish to.”