Torus, the global specialty insurer, has chosen NdexInsure to assist with the Group’s London Market and Lloyd’s operations.
Following Torus’ recent acquisition of Syndicate 1301, a comprehensive and flexible IT solution was needed to work alongside the existing systems.
“The modular nature of Northdoor’s NdexInsure Solution allowed us to select functions specific to our business requirements. Moreover, with Northdoor’s Shared Intellectual Property model, we’ll have full control of the system going forward.”
Torus will benefit from an open, modular system which can be integrated into the company’s existing infrastructure and technologies, including a claims system and Microsoft SharePoint. Key modules selected for the initial roll-out include policy administration, business intelligence and data warehouse and sanctions checker. In addition to the system implementation, Northdoor will also perform data migration for Torus’ Lloyd’s business.