Northdoor has signed a partnership agreement with Ropner Insurance Services, an independent Lloyd’s of London insurance broker, to introduce a new broking solution for the insurance market.
To be offered as part of Northdoor's insurance administration system NdexInsure, the new broking system, called NdexInsure Broking, will be fully integrated with market e-Trading suites to substantially enhance efficiency and accuracy of the broking process.
The solution will be designed to offer support and automation to the Broking lifecycle covering quotes, firm orders, transaction processing, as well as claims accounting functionality and document production.
Developed using Microsoft .NET and SQL Server technologies, the modular platform is ideal for fast-moving insurance companies, and will supports existing market initiatives, such as Accounting & Settlements, eAccounts, ePlacing and eEndorsements.
Northdoor chief executive officer David Ballard said, ''Our partnership with Ropner now enables us to deliver even more through NdexInsure - significantly increasing levels of efficiency and accuracy to speed up the broking process.''
As part of the agreement, Ropner will design the solution, while Northdoor will support its development and transformation into a fully customizable and future-proofed commercial product that can easily be modified to respond to requirements of the increasingly complex and fast moving insurance industry.