The Challenges
Formed in 2000, Managing Agency Partners Ltd (MAP) broke the convention by creating a £150 million business in their first year of trading without a major corporate backer. It needed a strategic IT partner that was committed and capable of building an application that met regulatory approval.
The Northdoor Solution
MAP selected Northdoor to develop a bespoke multi-user risk entry system with a data warehouse to take feeds from Lloyd’s central processing systems for premiums and claims. The data warehouse matches this information to individual risk records for reporting and interrogation purposes. This information is then aggregated across MAP’s various books of business, providing a clear view of the business.
Benefits
- A smooth building process and the application was delivered on time.
- Quick Implementation
- More accurate assessments
- MAP can now extract both high-level and detailed information with relative ease, which is vital for ensuring continued success
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