Open GI

Open GI is a software company based in Warndon, Worcester, England, with around 400 employees. It is one of the companies which supply proprietary software programmes to the insurance broking market that integrate with commodity hardware and Microsoft applications. Systems used to run solely on Misys-supplied TRIPOS servers. Servers currently use a Linux based operating system on Intel-based hardware, with the TRIPOS system running under emulation. The company also provides a range of front and back-office solutions designed to manage business process. The platform is referred to as ‘Core’. There are currently over 20,000 users of the system across a range of companies. The company was formed after a management buyout in March 2006, separating from PLC Misys. The main funding for the buyout was provided by Montagu Private Equity. In September 2007, Open GI’s holding company, Open International, was acquired, again by the management team together with a number of shareholding directors at Towergate, for £276m. Open International incorporates Open GI, PowerPlace, Mi Ltd and Blue Fire Communications Ltd. PowerPlace, an online commercial insurance marketplace which distributes products electronically via Open GI's Open Trader web-based platform, was acquired by Open GI from Towergate in February 2013.