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The new software gives Willis Re, for the first time, one single platform on which to run their reinsurance broking, supporting 500 users based in London, Ipswich and Mumbai. This brings the number of Willis Group staff using Sequel’s platform for their insurance and reinsurance broking to over 2,000 worldwide.
This new development completes the second stage of the Willis Re implementation programme, supported by Sequel’s software and professional services. The third stage of the programme will see Eclipse Broking software used by the North American Willis Re team by the middle of 2013.
Iain Pocock, Global COO, Willis Re says: “We are actively investing in updating, integrating and streamlining our processes and supporting technology to deliver better and faster service to our clients. We chose Sequel to help us because their software and expertise runs insurance broking and reinsurance broking applications on one platform effectively – which is a significant development in the market place. It enables alignment of our IT across the direct and reinsurance elements of the group, providing benefits in managing and maintaining our global operation. Sequel’s software is scalable and we know that they have the capacity and expertise to satisfy our current and future needs.”
Paul Kent, Programme Director, Willis adds: “This is the latest chapter of a progressive and on-going relationship. Sequel have made the complex straightforward for us so we can concentrate on our clients and our core business without distraction.”
Michael Graham, Sales and Marketing Director of Sequel, says: “Willis Re appreciate the fact that we understand the complexities of their business and their market places.”
“Sequel have the quality people, the right expertise and the powerful software to make reinsurance broking and insurance broking work on one single platform. That’s a complex task that in-house operations and competitors are struggling to get to grips with,” Graham concludes.
About Willis Re
One of the world's leading reinsurance brokers, Willis Re is known for its world-class Analytics capabilities, which it combines with its Capital Markets and Reinsurance expertise in a seamless, integrated offering that helps clients increase the value of their businesses. Willis Re serves the risk management and risk transfer needs of a diverse, global client base that includes all of the world's top insurance and reinsurance carriers as well as national catastrophe schemes in many countries around the world. The broker's global team of experts offers services and advice that help clients make better reinsurance decisions, access worldwide capital markets and negotiate optimum terms.
About Willis
Willis Group Holdings plc is a leading global insurance broker. Through its subsidiaries, Willis develops and delivers professional insurance, reinsurance, risk management, financial and human resource consulting and actuarial services to corporations, public entities and institutions around the world. Willis has more than 400 offices in nearly 120 countries, with a global team of approximately 17,000 employees serving clients in virtually every part of the world.
About Sequel
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. The list of customers Sequel has worked with includes:
ACE INA Services UK Ltd
Alterra at Lloyd’s Services Ltd
Argenta Syndicate Management Ltd
Ascot Underwriting Agency Ltd
Berkley Re UK Ltd
BMS Group Ltd
Brit Insurance Holdings Plc
Canopius Managing Agents Ltd
Cobra London Markets Ltd
Cooper Gay Swett & Crawford Ltd
Dashwood Brewer & Phipps Ltd
Dual Corporate Risks Ltd
Equinox Global Ltd
Faraday Underwriting Ltd
Global General & Reinsurance Co. Ltd
Jubilee Managing Agency Ltd
Kiln Group Ltd
Markel International Ltd
Marsh Ltd
New India Assurance Company Ltd
Novae Group Plc
Omega Underwriting Ltd
Pioneer Underwriting Ltd
Shelbourne Syndicate Management Ltd
Starr Underwriting Agents Ltd
Willis Group Holdings Ltd
Sequel are known for their industry expertise, professionalism, and track record for delivering successful transformation programmes on time and on budget.
About Eclipse
Sequel deliver a powerful suite of software solutions – Eclipse - for insurers, reinsurers, brokers, MGAs, coverholders and start ups operating across the Lloyd’s, Companies and international (re)insurance markets.
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, brokers and MGAs. 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.
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