Lloyd’s syndicate picks tech partner

Move to streamline data management processes

Lloyd’s syndicate picks tech partner

Technology

By Terry Gangcuangco

Hampden Risk Partners (Lloyd’s Syndicate 2689) has chosen VIPR Solutions as its insurance technology provider for bordereaux data management and analytics.

Under the partnership, VIPR will implement a customised business process as a service featuring gateway VIPR Portal, bordereaux management solution VIPR Intrali, data analysis application VIPR Insights, and repository VIPR Data Cloud.

“We are delighted to select VIPR as our solution provider of choice in the management of delegated data for Syndicate 2689,” HRP chief data officer Ben Ormerod said in an emailed release. “VIPR’s automated smart technology will enable us to streamline our data management processes, increasing efficiency and reducing the risk of errors.

“At Hampden Risk Partners, we are committed to delivering exceptional service to our clients. Working with VIPR will allow us to further enhance our capabilities.”

According to VIPR chief commercial officer David Sweet, the tie-up will help support HRP’s future underwriting decisions by enabling the Lloyd’s syndicate to better understand its portfolio performance while reducing the time spent on risk, premium, and claims data validation.    

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