Morning Data and Surely Services Ltd work in partnership to provide a web portal front-end solution. This will provide B2B Product deployement "Click and Bind", Policy Management front end to Morning Data's NOVUS Back office system for Brokers, Coverholders and MGAs and form part of the CHALIS suite of programs.  

Morning Data

Software has become the central hub to the operations of all players in the Insurance market. In many companies a plethora of different systems provide information on different parts of the business, requiring disparate skills sets, cross referencing and complex analysis to really see what is going on. NOVUS provides a single system for Reinsurance or Direct Brokers and other Intermediaries with a host of features and tools to record, manage and analyse the whole company's activities.

Morning Data Standards

Standards work well if everyone adopts them. They don't work quite so well if they're difficult to adopt or implement within your system. ACORD standards have been developed jointly by insurance practitioners and ACORD. They are easy to understand and adopt and are beginning to be used throughout the industry. This is why, at Morning Data, we have chosen to adopt the ACORD standards for XML messaging.

Jigsaw is a new MGA bringing together detailed underwriting experience with the latest technology built around a flexible and adaptable underwriting platform.  They needed an IT system and supplier that would ensure they could satisfy the growing number of compliance hurdles any startup faces and the ongoing reporting requirements. Obtaining Lloyd’s Coverholder status is still not a quick process and a significant of part of this is to ensure that there are appropriate systems and controls are in place to manage the business effectively

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Cobalt Case Study

Cobalt Underwriting is a Lloyd’s Coverholder created in 2012 to establish London as a leading global centre for Shariah-compliant insurance capacity, launching its first product in 2013.  London’s first Shariah-compliant Underwriting Agency rapidly grew, which highlighted the urgent need to implement an administration platform.

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Meridian Risk Solutions Limited was founded in 2002 to provide honest, professional, specialist products fro discerning Clients in an insurance market where big is not always beautiful. 

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This is the specification for Global Physical risk (with Liability) reporting standards - to be live by 1st Jan 2015. It will be mandatory for all coverholders and required by all underwriters (Company and Lloyd's) for all business (not just binders)...