Acturis for Insurers

LexisNexis® Risk Solutions provides customers with solutions and decision tools that combine public and industry specific content with advanced technology and analytics to assist them in evaluating and predicting risk and enhancing operational efficiency.

The Acturis Group has an ongoing strategic partnership with LexisNexis® Risk Solutions to provide insurers, brokers and MGAs with all the LexisNexis® enrichment products.  This integration provides our clients with a tool that helps them make better decisions while providing an enhanced customer experience.

Find out more at: https://risk.lexisnexis.com/insurance

Timebox is an award-winning client profitability and productivity and solution developed by Alphatec Software that is designed to meet the changing needs of today’s professional broker. It allows a broker to accurately analyse their business activity, increase staff productivity and improve client profitability.

Timebox is integrated with Acturis to pull through all client, policy and income data daily, such that Timebox is up-to-date each day with the previous day’s Acturis data. It will automatically associate any products to any client that has income against them in your Acturis account. Time spent on clients is entered manually into Timebox.

Find out more at: www.thetimebox.com

Acturis integrates with TextMarketer to allow SMS messages to be sent and received from within the Acturis application.

Improve customer service and keep record of your communications with a simple and efficient solution.

Find out more at www.textmarketer.co.uk/

Acturis integrates with SanctionsSearch.com to provide financial sanctions checking of contacts from within the Acturis application.

This tool, which is available for all Acturis brokers, has an audit trail function that helps demonstrate that your organisation is compliant.

Find out more at www.SanctionsSearch.com

The Postcode Address File, provided by Royal Mail, is the most accurate, up-to-date UK address database.

The Acturis integration with PAF® puts the latest most accurate UK address data at your disposal.

Access to PAF through the Acturis system will help your organisation:

• Save time and money
• Remove human error and duplicates
• Enhance customer experience
• Verify identities and reduce the risk of fraud

Find out more at https://www.poweredbypaf.com/

Polaris is an insurer and broker owned body that’s dedicated to setting the standard for the UK general insurance industry.

Acturis integrates with Polaris to provide a wide range of commercial e-trade products for the majority of the leading UK insurers.

Find out more at www.polarisukltd.org/

Mastercard provide PCI compliant payment gateway services, integrated to the Acturis application and websites.

Find out more at www.mastercard.com/gateway

Acturis integrates with Close Brothers Premium Finance to provide financed loans directly from the Acturis system, including adjustments, card deposits, documentation and reconciliation.

Find out more at www.closebrotherspf.com

Brief Your Market is a powerful marketing and communications platform able to generate targeted digital and print communications dynamically based on data-dependent triggers, and track recipients’ engagement with these.

A tight two-way integration has been developed to ensure that Acturis contact and policy data is up-to-date on Brief Your Market daily and an audit trail of all communications sent using Brief Your Market is available on Acturis.

Tasks relating to resultant events such as email link click-throughs, bounces and unsubscribe requests are also created in Acturis to give a record of the client’s interaction with Brief Your Market communications in the Acturis Electronic File.

Find out more at www.briefyourmarket.com/insurance

THE CHALLENGE

Adler Insurance Brokers, a long-term client of Acturis and a specialist in construction risks, property and business insurance, wanted to update their existing Acturis Client Service Portal to allow both potential and existing customers to buy policies online.

In a competitive market, Adler wanted a feature rich, mobile friendly solution to best serve their clients.

THE SOLUTION

Acturis provided Adler with an industry-leading Quote and Buy website, later upgrading and integrating their client service portal functionality into the site to provide maximum benefit to all of their customers.

The new website allowed Adler to provide their clients (both existing and new) with a panel of insurer quotes, integrated payment, claims reporting, online documentation and much more, presented in an Adler branded website incorporating mobile and tablet support as standard.

THE CHALLENGE

In early 2015, MS Amlin wanted to expand its product offering in to the SME market, and were looking to take advantage of the growing trend for electronic trading and distribution of these product classes. MS Amlin wanted an industry-leading multi-channel platform to maximise product distribution, without compromising on underwriter flexibility and MS Amlin’s focus on broker service.

THE SOLUTION

MS Amlin and Acturis worked closely together to develop an integrated Commercial Combined etrade package, taking only 5 months from kick-off to go-live. This made use of Acturis’ enhanced referral solution, giving MS Amlin underwriters direct contact with Acturis brokers, allowing them to review and write non-standard business. Building on the successes of this development, further products, Property Owners, Shops and Fleet, have been launched with these also being distributed through the new MS Amlin broker portal, ePlace. MS Amlin have continued to invest in and improve the products to keep pricing and underwriting as accurate as possible.

THE CHALLENGE

In September 2007, LV= selected Acturis as its technology partner for its Commercial Lines Broker Division. At the time LV= were starting their Commercial Lines operation and the premium transacted by the division was zero.

THE SOLUTION

Part of the success of the division has been developing a strong partnership with Acturis. This has allowed LV= to exploit new possibilities using e-commerce and allowed them to move aggressively into Commercial Lines. The multi-channel solution consists of the following key areas:

• Suite of full cycle products on Acturis
• Integrated Call Centres & Branches
• Integrated Web Extranet
• Integrated Broker Software Houses
• Integration of Bordereaux
• LV= Landlord Direct distribution

Acturis integrates with Premium Credit Limited, one of the leading insurance premium finance company in the UK and Ireland.

This integration provides the option of finance directly from the Acturis system including adjustments, card deposits, documentation and reconciliation.

Find out more at www.premiumcredit.co.uk/

THE CHALLENGE

AXA is one of the largest General insurers in the UK. At the end of 2010, as part of their strategic plan, AXA began to accelerate their digital multichannel distribution programme in SME Commercial Lines.

This included the development and hosting of a portfolio of commercial lines etrade products and the delivery of these products:

• Through a market leading broker extranet for commercial lines
• To all the leading broker software houses in the UK market
• Creating the flexibility to deliver a selection of these products in a white label capacity for Affinity/White Label deals.

The pace and digital trajectory AXA set out to achieve, meant that many of the delivery timelines were under 9 months – significantly quicker that previous deliverables.

THE SOLUTION

AXA and Acturis approached the strategy using the Acturis SaaS platform to expedite delivery of the solution using dedicated teams at both AXA and Acturis. The initial solution “AXA Connect” was successfully launched within 4.5 months in February 2012.

A series of further enhancements followed quickly thereafter including:

• The addition of more commercial products to the solution such as Fleet, Commercial Combined and Professional Indemnity; and
• The expansion of channels to include integration to all leading software houses in the UK market.

At all times the team utilised Acturis’ expertise and understanding of the software house market and developed a practical approach aimed at making use of existing infrastructure and functionality and ‘not reinventing the wheel’.

THE CHALLENGE

In 2016, Home & Legacy was looking to refresh its existing High Net Worth platform solution for brokers. They wanted a rapid, clean, and streamlined solution to make it easy for users to take advantage of their existing panel of insurers, whilst at the same time expanding the functionality available to brokers.

THE SOLUTION

Home & Legacy and Acturis worked together to design a brand new website solution (Home & Legacy Online) to take advantage of the existing Acturis Connect functionality built into the HNW product. This allowed the website to communicate directly with the underlying rating engine, returning a full panel of quotes in under 2 seconds – a 60% reduction when compared to the existing solution. In addition, Home & Legacy Online also supports multiple payment methods, web chat, claims and policy overview, and Home & Legacy plans to make MTA and Renewal functionality available to brokers later in 2017.

In 2006 Acturis and RSA successfully implemented a complete suite of SME products traded both on the Acturis system and through the RSA Online broker web portal. Since then, RSA and Acturis have continuously been improving these products to extend the underwriting footprint, improve pricing and enhance the service offering.

As part of RSA’s successful strategy of implementing deals with individual brokers, RSA needed Acturis to provide a tool which allowed RSA to rapidly implement these deals outside of the core rating algorithm. This tool would allow RSA to make the changes without risk, and without a build and test cycle.

Acturis and RSA worked together to design and implement a tool which allows products to flex in terms of premium, commission and endorsements functionality without the need for any core algorithm changes. The tool is now widely used for the RSA broker base.

Jeff McCracken, Sales and Marketing Director at Acturis said, “Acturis and RSA have built a strong relationship over many years, and together we’ve implemented twelve products across property, liability, motor and speciality lines. We continue to innovate with RSA and the deals tool is a great example of how Acturis technology can enable our customers’ business.”

THE CHALLENGE

ICB Group is ranked amongst the top 20 Independent brokers in the UK. With a diverse book of business and services they need a back office system they can rely on, with the flexibility to allow them to manage their business effectively. Customer service and long term excellent working relationships are key to their success.

THE SOLUTION

ICB Group have used the Acturis solution for 10 years with great success. The flexibility to move with the times and push the boundaries of technology have enabled ICB to take full advantage of this to deliver an unrivalled service to their customers. Acturis’ ability to migrate acquisitions seamlessly aids the consolidation of purchased business to maximise the potential of the acquired business.

Martinez and Partners

THE CHALLENGE

Following a sustained period of growth for the business, M&P Insurance Solutions had a need to modernise and standardise their technology. A flexible solution with the scalability to assist continued growth was essential. The ability to migrate information form their previous bespoke solution was also key to the success of any technology change.

THE SOLUTION

Following detailed analysis of the existing M&P solution Acturis managed a full migration to the new platform. A full data migration enabled the redesign of client facing documentation and additional efficiency and automation to be introduced to the business. Integration of post code functionality, secure credit card processing and premium finance streamlined the customer journey to pass the system benefits on to the brokers customers.

THE CHALLENGE

Established more than 30 years ago, BPW is one of the largest independent insurance brokers based in South Wales. A specialist in commercial insurance, it provides cover for a broad range of risks including Motor Trade, Fleet, Liability, and Property Owners. BPW had a long term relationship with their previous provider which had resulted in multiple manual processes through the years.

THE SOLUTION

Acturis provided a seamless migration from BPW’s previous provider enabling them to embrace the additional risk data capture processes available through Acturis. Adoption of integrated e-trading and automated document production has seen significant efficiency gains within the business.

THE CHALLENGE

After a number of years with their previous software provider Wrightsure were looking for a partner who could provide a modern technology solution to increase efficiency and enhance customer communications through full risk data capture and structured documentation. Access to integrated e-trade products to reduce double keying could also increase efficiency.

THE SOLUTION

Through the Acturis Software as a Service solution Wrightsure now have an industry leading Policy Administration system allowing full risk capture on all risks from micro SME to complex commercial haulage fleets. Access to the largest panel of e-trade products and insurers allows their staff to focus more time on large more complex risks where Wrightsure specialise, whilst providing a first class service to the SME sector.

THE CHALLENGE

QBE wanted a partner who could bring their experience and expertise in SME etrade solutions to provide an industry leading offering across multiple channels to help them achieve their ambitions within the sector.

THE SOLUTION

Acturis worked with QBE to create a suite of etrade products that could be distributed across the market through multiple channels including the FastFlow extranet, Acturis and I-market. Integrated referral processes enabled QBE to lead the way in accommodating business that would not traditionally be e-tradable.

THE CHALLENGE

NIG needed a solution to allow them to trade with their brokers in the most efficient way, regardless of channel or software provider. The ideal solution would show a demonstrable increase in efficiency, reducing costs, time and errors. Their aim was to become the market leading proposition in commercial e-trade.

THE SOLUTION

Acturis created a multi-channel distribution solution with a single instance of each product being distributed to Acturis users, an industry leading extranet and third party software houses via i-market and Acturis Connect. The project was delivered on time and budget and saw 90% of NIG’s extranet users migrate voluntarily within the first 3 months.

THE CHALLENGE

Following a number of acquisitions and with ambitious growth plans Alan & Thomas needed a system that would allow them to consolidate their existing business whilst giving them the flexibility and scalability to grow their business both organically and through further acquisition.

THE SOLUTION

Acturis migrated an initial 70 users across four branches in to a single multi-office Acturis entity. Individual accounting offices for US Dollars and Euros allows Alan & Thomas to efficiently manage their UK and overseas business on a single platform whilst giving them the flexibility to continue their expansion.

THE CHALLENGE

NPA Insurance Broking Group sought a single platform to consolidate their business across multiple sites from a number of legacy platforms. Data and process efficiency were key factors to drive their business growth.

THE SOLUTION

Acturis provided a solution for both Commercial and Personal lines business including migrations from three legacy systems in to a single instance with consistent data, processes and documentation. The extensive adoption of e-trade has further enhanced the business benefits of using Acturis.

THE CHALLENGE

Lark Group, one of the UK’s top 40 insurance brokers were looking to modernise their Commercial business processes to drive efficiency and maximise the benefits available through e-trade and process automation. Reducing duplication whilst retaining a recognisable brand, focussed on traditional customer service and value, to build a lasting relationship with both customers and business partners was key. Having worked with their previous provider for a number of years Lark sought a partner with a clear vision of the future and a similar ethos, focussed on experience, professionalism and integrity.

THE SOLUTION

Following an extensive dialogue, Acturis worked closely with Lark throughout the tender process to establish the maximum benefits that could be provided to the broker through best use of a broking system whilst establishing that Acturis was the ideal fit for their business. Key to the success of the transition was the extended implementation and roll out process across Lark’s locations to minimise the impact on the day to day operation of the business.

THE CHALLENGE

After 30 years of using their previous legacy system, Thomas Carroll Group sought a partner who could provide a modern solution for their entire Insurance and Risk Management business with a proven track record and a continual program of investment and a clear roadmap of future development. Migration of the legacy data would be key to the efficiency a new system could bring.

THE SOLUTION

Following an extensive selection process, Thomas Carroll selected Acturis to provide an end to end solution for the Insurance and Risk Management divisions. A full migration of clients, policies, claims and risk information for both commercial and personal lines business minimised the business interruption and enable Thomas Carroll Group to realise efficiencies faster after the switchover process. Acturis successfully migrated and supported over 100 users across 4 locations in a single go-live.