When it comes to selecting a system it is as much about functions and features as it is about the relationship you and the new partner will forge.
Whether you are an MGA, Coverholder, Broker or combination thereof, our NOVUS solution provides support for all, and is ideally suited for incubator or in-house MGA and Broker groups as much as independent practicing entities.
Morning Data has been providing its system for Insurance and Reinsurance Intermediaries for over 32 years and in that time has been able to support growing and established ventures with multiple territories, classes and processing styles. Morning Data is a stable privately owned company with its development centre in the UK, and a number of hosting and deployment options available to suit start ups, incubators and established companies.
Based in New London House, in the heart of the City, the Business team possess skills acquired over many years on the front line in broking houses and MGAs around the world. With clients processing business in Europe, Africa and the US the system is class agnostic and requires little or no vendor involvement when new classes are added, or when reference data or regulatory requirements change, consequently reducing the costs of your expansion.
The system is focused around an integrated approach to Quotes and Policy Administration, with provision for Risk Level Data, Sanctions, Financials, Claims, Cash Management, Bordereaux and documentation for Lloyd's and London International markets engaged in Delegated Authority, Facultative, Direct or Reinsurance business. With options for B2B product Portal and connectivity to the London Market repository there is no need to deploy multiple systems to provide the data required for London Market reporting.
Exceptional value for money, NOVUS is designed to bring your business together and give you power over your data and processes, increasing efficiency, opening up new opportunities and channeling new business through your doors.