PowerPlace, UK's commercial online marketplace, has added Brit Insurance to its panel of insurers, as it continues to built online marketplace for commercial insurance.

PowerPlace said, Brit Insurance will be launching its directors & officers’ liability cover on its online marketplace this month.

Brit Insurance head of UK distribution Vivek Banga said E- traded SME business is already a significant proportion of its commercial portfolio.

"Joining the PowerPlace panel provides us with the opportunity to do just that, making our D&O product available to independent brokers quickly and efficiently," Banga said.

PowerPlace, a web-based full-cycle trading marketplace, provides brokers an opportunity to compare quotes, cover and excesses from a range of products using a one question-set quote generator, plus save, bind and renew business.