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  • Former CIRC chief to be handed to authorities: Reuters
    China's Communist Party has reportedly expelled the country's former top insurance regulator Xiang Junbo, and plans to hand him over to prosecutors. The Central Commission for Discipline Inspection said on its website on Saturday (23 September) that Xiang, former chairman of the China Insurance Regulatory Commission (CIRC), had "committed serious violations of political discipline and […]
  • Esser's AFL establishes energy practice with Tysers hires
    Lloyd's broker AFL has moved into energy with the appointment of two brokers from Tysers. Dominic Quick and Simon Pearce will head a new practice serving AFL's clients as well as customers from other independent brokers connected to AFL through the Worldwide Broker Network. Before Tysers, Quick held positions at JLT Specialty, Lloyd & Partners, […]
  • Ironshore expands Bermuda MGA to London and US
    Ironshore has expanded its Bermuda-based underwriting agency model to the US and London, the Liberty Mutual-owned specialty player said today. The new underwriting agency, named Iron-Excess, will provide access to "a large pool of capacity," Ironshore said in a statement. In Bermuda, Ironshore's agency is called Iron-Starr Excess, reflecting the involvement of the New York-based […]
  • Sullivan named Texas insurance commissioner
    Texas governor Greg Abbott has named Kent Sullivan as the state's commissioner of insurance. Sullivan is a partner at law firm Jackson Walker and was previously a justice on the Fourteenth Court of Appeals, first assistant attorney general for the Texas Office of the Attorney General and a state district court judge. He has been […]
  • United estimates $83mn Q3 hit from Irma, Harvey
    Floridian homeowners insurer United Insurance Holdings has estimated it will take an $83mn pre-tax hit from third quarter catastrophe losses net of reinsurance recoveries. The company said the loss pick, which amounts to $54mn after tax, includes claims from Hurricanes Harvey in Texas and Irma in Florida. Including claims filed with its American Coastal subsidiary, […]
  • Sabre considering Snowball as chair ahead of IPO
    Specialist motor insurer Sabre is lining up former Aviva UK group executive director Patrick Snowball as chairman ahead of its much-publicised IPO, The Insurance Insider understands. Snowball has already been made a non-executive director at Sabre, sources told this publication, but the management team is understood to be keen to appoint him as chairman ahead […]

YOUR PARTNER IN DIGITAL CLARITYDIGITAL CLARITY

You need digital technology

  • that drives and enables business growth
  • that is flexible and scalable
  • that is compliant and future proof
  • that adds value to your business and not your competitors’

In fact what you really need is a completely fresh approach.
The approach of a trusted partner whose interests align with yours.

Our business is built on partnership. Our start up costs are low, as is the hosting and support that is necessary. Our licence fee is directly linked to the business written.

And we understand that your time is money. Given two to three days of your time we undertake to fully understand the specific needs of your business and its technology requirements.

Typically we can complete configuration of your system within twelve weeks while taking no more than half a day a week of your time.

Your system can be fully operational within sixteen weeks.

Our fresh approach is all about working efficiently alongside you. And saving you money.

YOUR PARTNER IN SPEED AND AGILITYSPEED AND AGILITY

MARKIT-SYSTEMS delivers the speed, agility
and flexibility that your business needs:

  • it configures multiple lines and new lines quickly and cost effectively
  • it is tailored to the needs of each of your individual stakeholders
  • it offers real-time integration of your tools and services
  • it improves accuracy and corroboration of customer and broker data
  • it improves the granularity on risks at quotation
  • it is accessed by browser via a secure private cloud
  • it de-risks digital technology by linking our payment to your growth
  • designed to meet the needs of those with delegated authority

MARKIT SYSTEMS offers a completely fresh approach.
We work as your trusted partner.

MARKIT SYSTEMS is a partnership of respected MGA managers and experienced digital insurance experts. member

Our interest in digital technology aligns with yours and our remuneration is directly linked to your business growth.

YOUR PARTNER IN STRAIGHT THROUGH PROCESSINGSTRAIGHT THROUGH PROCESSING

MARKIT-SYSTEMS comprises nine modules each
individually configured to meet your specific business needs.

  • New Line Configurator (NLC)
    • deploys new lines of business quickly, cost effectively and without risk
    • manages data capture and configures the product
    • implements business, operational and product rules
  • Identity Management Module (IMM)
    • sets authorisations
    • controls access
    • increases security
  • Policy Administration Module (PAM)
    • quotes and binds the policy
    • automates workflow and integrates diary management
    • enables auto sanctions checking
    • enables complaints handling
    • enables drag and drop email
  • Document Control Module (DCC)
    • creates, stores, retrieves and distributes e-documentation
  • Financial Management Module (FMM)
    • locates and allocates payments
  • Transaction Control Module (TCM)
    • is a secure gateway for payments
  • Management Information Module (MIM)
    • provides management information in pre-configured and custom form
  • System Audit Module (SAM)
    • manages user login
  • Relationship Management Module (RMM)
    • enables the set up and management of business relationships
LondonMarkit Systems Limited
20 Birchin Lane, London
EC3V 9DU
+44 203 713 4645enquiry-uk@markit-systems.com
JohannesburgMarkit Systems Limited
+27 11 083 8916enquiry-sa@markit-systems.com