Meridian Risk Solutions Ltd
Client:
Meridian Risk Solutions Ltd – a fully accredited independent Lloyd’s Broker.
The product:
- VIPR Intrali – Bordereaux processing and management
- VIPR Active Reports – Data management and reporting
The brief:
Meridian Risk Solutions Ltd is a fully accredited independent Lloyd’s Broker, specialising in Marine, Hull, Cargo, Protection and Indemnity, Kidnap and Ransom, Energy, Property, Casualty, Delegated Underwriting Authorities, Wholesale and Reinsurance Products. Their experienced professionals combine an in-depth knowledge of their markets with strong client relationships, enabling them to deliver innovative risk solutions.
As a prominent Broker in the London insurance market, Meridian were looking to partner themselves with an IT provider who could help them understand the data they were receiving through bordereaux cleansing, validations and accurate reports. Visually viewing analytical information sourced from the firm’s current templates was paramount and a big factor within their decision making process. Finally, it was imperative that Meridian partnered with a solutions company who had the necessary experience to help them deliver efficient service to their clients and could scale their business alongside its growth.
Meridian established VIPR’s two core products, Intrali and Active Reports, in February 2018 to help manage their binder business and optimise the data they were collecting.
The response:
“Already, the results from integrating VIPR’s product, Intrali, have been really impressive and have already proven to be a benefit to the Coverholder, MRSL and the Managing Agent. VIPR’s solutions are sleek and flexible. Intrali is an efficient solution, easy to navigate and supported by a User Guide in the event assistance is needed.
Active Reports has also proved invaluable to Meridian since installation. Comprising Written, Premium, Claims and Accounts Analysis reports, this new and improved anaysis offers granular information to support our internal visions and potentially for our Coverholders and Managing Agents. We have been very pleased with the standard of the reporting and very keen to ensure we can also share our knowledge with ViPR to produce Bespoke Reports for MRSL and for this to be shared with others.”
Paula Duplock, Director of Compliance, Business Operations and Binder Management