Salmon, specialists in delivering eInsurance solutions for the insurance industry, today announced that Nexus Underwriting Management Ltd (Nexus) has gone live with RiskWrite™.
After acquiring Novae’s Regional Financial Lines business, Nexus formed a new Managing General Agency (MGA) called Nexus Professional Risks Ltd (NPR) and approached Salmon to supply a new insurance solution to service and grow the business. Salmon has configured and implemented RiskWrite™ to provide NPR with a full insurance underwriting solution, including policy administration and broker portal. Following initial planning, the project was delivered in just two months.
NPR depends upon reliability and service delivery for its underwriters and 1,800 broker portal users. They needed a smooth, fast transition and are very happy with the outcome.
Colin Thompson, CEO of Nexus Group said “Our partnership with Salmon was created to help achieve our key objective – going live quickly and easily so the service to our underwriters and brokers wasn’t disrupted. The migration process itself started on a Friday and was completed by the following Monday. Ensuring a smooth and fast transition was absolutely key to the success of the Novae acquisition. RiskWrite™ will allow us to respond quickly to rate and market changes and to communicate with agents and brokers across all our channels – so much so that we are considering adopting it in other areas of our business.”
Published on: 1:37PM on 24th July 2012