This implementation provides us with a strategic, operationally effective underwriting platform for our Lloyd’s business. This project was delivered on time and budget, supporting 400 users within Beazley across 8 countries.
London (PRWEB UK) 31 October 2011
Specialist Lloyd’s and worldwide insurer, Beazley, has replaced its existing eRIS underwriting platform with a new version of Eurobase Insurance Solutions’ ‘Synergy’ software. Eurobase Insurance Solutions is part of leading global software and services organisation, Eurobase International Group.
The objective of the project, which has been a collaborative venture between Eurobase and Beazley, was to introduce Straight-Through-Processing via a new improved underwriting platform which would integrate to a number of strategic systems. The successful implementation of this project has delivered a number of efficiencies to the underwriting process and will support Beazley’s growth in the Lloyd’s market. Through its Lloyd's syndicates and service companies, Beazley is licensed to trade surplus lines insurance and reinsurance in the US and in over 65 territories worldwide.
Ian Bishop, Operations Director Insurance, Eurobase International Group, said: ‘Beazley has been a very good, long term customer of Eurobase. After 16 years, Beazley conducted a full evaluation of the market and chose Eurobase again as best of breed. Beazley has moved to our Synergy technology as part of its overall forward thinking strategy and focus on growth in the Lloyd’s market’.
Adam Cragg, Head of UW & Claims Operations, Beazley: “This implementation provides us with a strategic, operationally effective underwriting platform for our Lloyd’s business. This project was delivered on time and budget, supporting 400 users within Beazley across 8 countries, and serves as a testament to our long standing and successful partnership with Eurobase.”
About Eurobase Insurance Solutions
With our long-standing experience in our chosen market sectors, Eurobase Insurance Solutions is a leading global provider of insurance software solutions, with customers in more than 25 countries across 5 continents.
Our extensive knowledge of the insurance and reinsurance industries means our packaged application software can readily support your business needs. Our teams of delivery experts ensure the system is deployed rapidly, meaning our customers can swiftly capitalise on business opportunities in their chosen markets in a cost effective way.
Synergy from Eurobase supports the complete life-cycle of your business on a single modern platform. Benefits include: Increased productivity; Improved customer retention; Flexibility for growth; Superior customer service and Speed to market.
Eurobase Insurance Solutions is part of the Eurobase International Group of companies, a global software and services group.
About Eurobase International Group
Eurobase International Group is a global software and services group. The group operates across a broad range of markets in four divisions: Eurobase Insurance Solutions, including insurance and reinsurance; Eurobase Banking Solutions, including FX, MM, treasury; Eurobase Consultancy, including general IT consultancy and technical services; and Eurobase People, a specialist IT recruitment consultancy.
Established in 1988 and headquartered at the heart of the Insurance and Banking district in the City of London, Eurobase supports a wide range of clients throughout the world. Eurobase prides itself on the strength of its partnerships with leading technology providers such as IBM, Oracle, Microsoft and Hewlett Packard.