London, U.K. Thursday 28th September 2017 – Morning Data, an award-winning supplier of world-class software and service solutions for the global insurance industry, today announced that ES Risks, an International Lloyd's Broker, has implemented Morning Data’s insurance administration platform, NOVUS, to its MGA businesses and upgraded the platform to include portal access across all ES Risks operations.
Since its launch in 2007, the size and scope of the ES Risks business has grown considerably. Morning Data’s scalable platform, NOVUS, was introduced to the business in 2011, and has been recently rolled-out across ES Risks’ MGA operations Equate and Euna. Additionally, the platform has been upgraded to incorporate portal access for all stakeholders and users. NOVUS supports ES Risks’ global insurance processes across a multitude of classes, ranging from property, casualty, liability through to more esoteric risks.
ES Risks, part of the Epsilon Group, is recognised for its expertise in providing binders, lineslips and reinsurance placements across the London and International markets. When assessing potential solutions in the market, ES Risks determined that Morning Data’s NOVUS in conjunction with portal access would provide a best of breed, enterprise-class solution across all distribution channels and customers.
NOVUS is an integrated end-to-end insurance administration platform, with a suite of tailorable modules to meet the varying and specific needs of any insurance broker, MGA or coverholder. It is known for its scalability and speed of implementation. The addition of portal access helps users manage and improve their business processes through automation of previously time-consuming and error-prone, repetitive processes.
Chris Hobbs, Managing Director, ES Risks commented, “We have worked with Morning Data for six years now. The team fully understands the intricacies of our business and processes, and they have delivered a successful implementation for our two MGA operations.”
He continued, “It was striking how configurable NOVUS could be when integrating a portal solution and how complementary it was with EUNA's existing software solutions. Intermediaries and end-customers are now able to quote and bind policies online with ease. Data flows directly into NOVUS and we will spend less time on repetitive and time-consuming operational tasks as a result.”
Kirstin Duffield, Managing Director, Morning Data said, “We are delighted to have been selected by ES Risks as its MGA platform. In conjunction with this latest implementation, an environmental upgrade to the existing NOVUS platform has been applied. Portal access further enhances our solution, and gives ES Risks a considerable advantage in its ability to process and underwrite business from submission through to certificate.”