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PRZOOM - /newswire/ -
London, United Kingdom, 2014/11/21 - Key Lloyd’s managing agency Ark Syndicate Management Ltd has chosen Impact for its speed and accuracy. Ark has joined the growing list of major insurance organisations moving to Impact, Sequel’s risk exposure and aggregation tool - Sequel.com.
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Lee Ramsden, Head of IT at Ark says: “Impact provides us with greatly enhanced query and mapping capabilities. The technology and knowledge is there to have a system that allows underwriters and other risk management stakeholders the ability to quickly and easily quantify and visualise risk exposure. The Sequel team impressed us with their experience, knowledge and support.” Rob Stavrou, Sales and Marketing Director of Sequel comments: “Ark is committed to making the best use of modern, powerful software to support its business requirements. Ark represents a trend in the market where forward thinking firms are looking for significant business and process improvements to replace older and less flexible systems. Sequel are at the forefront of supplying market enhancing improvements because we concentrate on innovation and investment in our products. We will be announcing further Impact sales in the coming months.”
Sequel Impact (sequel.com), launched in the autumn of 2013, gives the underwriter’s front office, for the first time, in one product and in real time, an accurate graphically displayed exposure and analysis management tool. Cloud based or hosted locally, it is available on devices ranging from desktops to tablets. Little training is needed and the product can be up and running in a matter of days.
It is a graphically rich application making full use of the latest visualisation technologies to present data in a variety of useful formats to support insurance companies in their key business decision making. Sequel Impact is underpinned by a powerful analytical engine that quickly calculates maximum loss scenarios. The application can be applied locally or internationally for a full range of risk exposure situations, ranging from GPS coordinates up to larger geographical zones such as postcodes or marine oil fields. It handles events from floods, for example, through to explosions across multiple classes of business. Sequel Impact complements Sequel’s existing suite of Eclipse Underwriting and Eclipse Broking products.
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