Polo Managing Agency (PMA), a turnkey managing agency at Lloyd’s, has today announced a new relationship with insurance technology company VIPR Solutions (VIPR). The deal will enable PoloWorks’s managed delegated authority relationships to benefit from VIPR’s bordereaux management systems.
PoloWorks’s clients will access the bordereaux management system, VIPR Intrali, as part of the full-service technology solution offered by PMA, ensuring compliance with Lloyd’s standards regarding the use and ingestion of the current version 5.2. bordereaux template.
“We are really excited to offer VIPR’s Intrali system to our clients,” said Paul Andrews, Chief Executive Officer of PoloWorks and Polo Managing Agency. “VIPR’s market-leading bordereaux management system will benefit all our managed Syndicates and will strengthen our digital footprint and full-service offering.”
This development follows on the heels of PoloWork’s partnership with technology services firm, DXC, which allows PoloWork’s clients to utilise the DXC Assure Commercial and Specialty cloud solution.
“VIPR’s Intrali solution is a sophisticated management system which can integrate with the DXC Assure platform to offer our clients a seamless end-to-end digital service,” added Mr Andrews.
At PMA our goal is to deliver a frictionless, digital-ready underwriting vehicle to our clients, ensuring that once approved, they have access to the most modern future-proof tech stack available. Our “warm” system environment supported by in-group market outsource provider Polo Commercial Insurance Services ensures that new syndicate launches go unhindered by either system or resource constraints.
In our discussions with VIPR, it became apparent that we had found a partner that could add significant value in terms of both knowledge and capability to our managed syndicate service model and we are excited to add them to our system armoury.
“We are delighted to be working closely with PoloWorks,” said Paul Templar, Chief Executive Officer at VIPR. “This relationship will give Polo Managing Agency’s customers access to a best-in-class technology platform in line with Lloyd’s reporting standards V5.2. Our data management expertise will support Polo’s clients, ensuring the right systems, processes, and technology are in place.”