Specialist Lloyds and worldwide insurer Beazley has replaced its existing eRIS underwriting platform with a new version of Eurobase’s ‘synergy’ software.
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 their 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) 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 and have moved to our synergy Technology as part of their 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."
