On Friday, 21st June 2019, The Medical Protection Society (MPS) announced that it is launching a Lloyd’s special purpose arrangement to underwrite risks for corporate healthcare. Morning Data, an award-winning supplier of world-class software and service solutions for the global insurance industry and MPS today announced that they have entered into a partnership which will see Morning Data provide their NOVUS integrated platform, to support MPS’s operations for their Coverholder and Claims TPA Operations.

The platform will offer a single end-to-end integrated solution to processing all of MPS’s policy, claims and transactional data, from bordereaux in to validated and structured data, supporting their aim to add real value, together with efficient processing, through the deep levels of granularity of data.

MPS is a mutual organisation established in 1892. It protects the careers, reputations and financial security of over 300,000 doctors, dentists, healthcare professionals and healthcare organisations around the world.

The new Coverholder operation will enhance MPS’s ability to provide a new insurance product that covers private sector healthcare organisations against medical malpractice claims. 

Morning Data has seen record increases in terms of revenue and clients in its 2017/2018 financial year, and the recent appointments and steady stream of new clients selecting Morning Data’s products reflect the business’ growth and provide a strong platform for its continued development.