Lloyd’s insurer, Cassidy Davis, have now expanded their use of Sequel’s underwriting software into their Life and Property divisions. Now all their Lloyd’s business is running on Sequel’s systems.
Cassidy Davis, who are focusing on growth and business diversification, chose Eclipse Underwriting for its flexibility and configurability, its fast and accurate access to data and the ease with which it connects to, and integrates with, other systems. This allows them to add new lines of business quickly and easily as well as streamline their business operations.
Their new Life and Property system holds all Cassidy Davis’s business data in one rather than many places. This brings the company greater speed and efficiency in its work as well as greater visibility of their data and increased compliance.
Sequel have worked closely with Cassidy Davis since 2005, when they chose Eclipse Underwriting to modernise their personal lines business. That implementation of Eclipse was delivered in just seven weeks.
Theodore Agnew, CEO of Jubilee Managing Agency Ltd, the Cassidy Davis parent says: “Sequel and Eclipse Underwriting give us the flexibility to meet our current and future growth plans through a strong partnership and technology solution that can quickly adapt to our needs. By moving our Lloyd’s Cassidy Davis business onto Eclipse Underwriting we are streamlining our business and making real efficiency gains.”
Michael Graham, Director at Sequel adds: “The successful implementation of Eclipse Underwriting for the entire Lloyd’s operations at Cassidy Davis coincides with an important period of growth for both Sequel and Cassidy Davis. For Cassidy Davis, as for all our clients, we are focussed on successfully delivering change programmes that deliver tangible benefits.”
About Cassidy Davis
Cassidy Davis is the specialist personal lines division of Jubilee Managing Agency and was established in 1977. The company underwrites products and services in the following areas:
• Payment Protection and affiliated products
• Affinity and Engineering products
• Accident and Health covers
• Mortgage-related products
• Life Assurance.
The company has a significant presence in Europe, offering tailored solutions for the market there through Cassidy Davis Europe B.V., based in the Netherlands. Cassidy Davis Insurance Services is a leading-edge administration company providing services from policy processing and fulfilment to premium collection and claims handling.
Jubilee Managing Agency currently manages the following syndicates at Lloyd’s of London:
Syndicate 1231 - Specialist Motor Business
Syndicate 5820 - General Insurance Business
Syndicate 779 - Life Products
Founded in 1993 and headquartered in the City of London, Sequel Business Solutions Ltd are a leading insurance and reinsurance software specialists. Sequel’s customers are underwriters and brokers within the Lloyd’s and London insurance/reinsurance sector. They include the following companies:
Willis Group Holdings Ltd., Jubilee Managing Agency Ltd, Brit Insurance Holdings Plc, Argenta Syndicate Management Ltd, Faraday Underwriting Ltd, GG & Re Co. Ltd, RJ Kiln & Co. Ltd, COBRA London Markets Ltd, Ascot Underwriting Agency Ltd, Spectrum Syndicate Management Ltd, Canopius Managing Agents Ltd, Dashwood Brewer & Phipps Ltd, Novae Insurance Company Ltd, Omega Underwriting Ltd, Max at Lloyds Services Ltd, ACE INA Services UK.
Sequel are known for their professionalism, industry expertise and track record for delivering on time and on budget.
Sequel deliver three powerful software solutions for insurers, reinsurers and intermediaries – Eclipse Broking, Eclipse Underwriting and Eclipse Annual Accounting.
Eclipse is a strategic suite of business applications built with 100% Microsoft technology that share a common business and technical architecture – all of our products have been designed with open architecture to enable easy access to information and simple connectivity with other systems. This enables customers to have a comprehensive, holistic view of their business.
Sequel’s products have been designed and developed by our insurance experts, in partnership with underwriters and brokers. By combining process efficiencies with innovative analysis and reporting capabilities, Sequel’s products give customers control over their business information so they can make decisions quickly and with confidence, as well as taking market and regulatory changes in their stride.