Equinox Global, the trade credit insurance specialist, has just successfully gone live on Sequel’s Eclipse insurance software, following an implementation that took only 12 days.
New managing general agent, Equinox Global, has started running its business on a fully managed service provided by Sequel, the insurance and reinsurance software specialists. Equinox Global accesses its Eclipse insurance software via a browser – Sequel run the software on a server at their headquarters and deal with all the software and hardware maintenance, servicing and upgrades.
“We needed a well managed and effective platform to launch on,” says Mike Holley, CEO, Equinox Global. “Sequel got us trading right on schedule and now we’re ready to write business on behalf of our carriers. We chose Sequel because of their people – they understood what we wanted and they know the market. Their service has been impressive and Eclipse provides a strong platform on which to build our business.”
Michael Graham, Sequel’s Sales and Marketing Director, says: “Equinox Global is a forward thinking MGA with exciting growth plans. It’s important that the client gets what they need with the least possible delay or complication. Equinox Global’s new managed service allows them to concentrate on growing their MGA business without the worry, or the overheads, of a technical team of in-house IT specialists.”
About Equinox Global
Equinox Global Limited is a Managing General Agent which exists exclusively to underwrite and manage trade credit insurance. Equinox Global is owned by its management. It is authorised and regulated by the FSA (No 515332) and is an approved Lloyd’s cover holder.
Equinox Global’s current carrier panel is Lloyd’s (54.25%); Aspen Insurance UK Limited (30%) and Liberty Mutual Insurance Europe Limited (15.75%). The Lloyd’s portion is shared between Beazley Syndicate AFB 2623/623 (31%) and Pembroke Syndicate 4000 (23.25%). Pembroke in turn is owned by Ironshore Inc.
Equinox Global’s business model represents the best of both worlds – a dedicated mono line underwriting platform in conjunction with multi line risk bearing capital.
Founded in 1993 and headquartered in the City of London, Sequel Business Solutions Ltd (sequel.com) are award-winning insurance and reinsurance software specialists. Sequel’s customers are underwriters and brokers within the Lloyd’s, Companies and international insurance/reinsurance sector. They include the following companies:
ACE INA Services UK, Global General & Reinsurance Co. Ltd, Alterra at Lloyd’s Services Ltd, Jubilee Managing Agency Ltd, Argenta Syndicate Management Ltd, Kiln Group Ltd, Ascot Underwriting Agency Ltd, Markel International Ltd, Brit Insurance Holdings Plc, Marsh Ltd, Canopius Managing Agents Ltd, New India Assurance Company Ltd, Cobra London Markets Ltd, Novae Group Plc, Dashwood Brewer & Phipps Ltd, Omega Underwriting Ltd td, Equinox Global Ltd, Shelbourne Syndicate Management Ltd, Faraday Underwriting Ltd, Willis Group Holdings Ltd.
Sequel are renowned for their industry expertise, professionalism, and track record for delivering successful transformation programmes ‘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.