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  • Directors in the dark as cyber risks escalate
    Nearly two-thirds of organizations consider cyber threats to be among their top five risk-1--management priorities, yet only 1-in-5 board members say they review their company's cyber risk reports, according to a new study released today. "Ownership of cyber risk needs to broaden and wider engagement of the executive suite is needed," said John Drzik, the […]
  • Allianz Q4 P&C profit falls 9.6%
    Operating profit at Allianz's P&C division fell by 9.6 percent to EUR1.31bn ($1.63bn) in Q4, after higher cat claims and operating losses at the company's commercial insurance unit. The Q4 P&C operating result missed the analyst consensus of EUR1.35bn, as provided by Baader Helvea. Allianz Global Corporate & Specialty, which sits within the P&C division, […]
  • Argo seeks control of Italy's Ariscom for EUR20mn
    Argo Group has received regulatory approval to take control of Rome-based insurer Ariscom Compagnia di Assicurazioni SpA out of state administration for EUR20mn ($24.8mn). Italian industry regulator Ivass announced the approval today in Rome, following a 9 February shareholders' meeting that backed the acquisition. Ivass indicated that it is moving to end its control of […]
  • Prudential gets set for 'too big to fail' review
    The regulatory status of Prudential Financial, the last insurer considered "too big to fail" by the US Treasury, will come up for review next week before the Financial Stability Oversight Council. Prudential confirmed today that it was the non-bank financial company whose status the council plans to review at a 21 February meeting in a […]
  • Gallagher's RPS parts ways with Standard Lines head
    AJ Gallagher-owned US wholesaler Risk Placement Services, known as RPS, has parted company with Scott Treiber, president of its standard lines platform, The Insurance Insider can reveal. Treiber had run the unit for more than nine years after moving over to RPS when AJ Gallagher bought his previous company in 2008. The executive had been […]
  • Kemper target Infinity's FSR grade put under review
    Infinity Property & Casualty's ratings have been placed under review with negative implications by AM Best, the ratings agency said today, citing the planned acquisition of the company by Kemper. Infinity agreed to be acquired for $1.3bn in cash and stock by Kemper in a deal announced on 13 February. AM Best said the negative […]

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