Success for Ibex Insurance at the Lloyd's Iberia Awards in Madrid

The event was arranged by Lloyd's to recognise the achievements of coverholders who provide access to the Lloyd's market in the Iberian peninsula. Prizes were awarded in three categories; best website, most efficient business model and best product.
Ibex was victorious in two of the three categories, winning outright in the category of ‘Most Efficient Business Model' and being joint winner of the ‘Best Website' award for www.ibexinsure.com.
One hundred and fifty attendees from 27 coverholders were present at the ceremony and the jury was made up of representatives from the most important insurance associations in the Spanish market.
Juan Arsuaga, Head of Lloyd's Iberia, presented the awards to Ibex Managing Director, Richard Hill who said that he was delighted to accept the prizes which recognized the great efforts of all Ibex staff over the past year. ‘'The cornerstone of the Ibex business model is our Electronic Data Interchange (EDI) system which enables us to provide instant cover and documentation to clients via our network of over 200 agents, Ibex Direct operation and 15 retail offices. Therefore, I was delighted that Lee Stuart, the General Manager of Cover.net, our EDI software provider was able to attend and share our celebrations.''