Delegate claims reinvented | Advent Claims

Technology

The Market, its customers and stakeholders are at a crossroads.

The current business model has not changed for decades and is not fit for purpose in the modern age and certainly not for the future.

But where should this change begin which model should be adopted? At a Market level, replacing all the legacy platforms that support the entire Market or at a Stakeholder level to create more efficient broker and carrier operations?  The established players have bigger “clunky” systems that can often be expensive to licence and even more expensive to adapt to specific requirements.  On the other hand, newer, InsurTech providers bring new thinking and technology but do not always have the Market knowledge and understanding to apply them effectively.

It is time for a radically new approach.

Advent Insurance Management has reinvented the Lloyd’s and London Market business model and made it relevant for today and appropriate for the future.  We are Market practitioners who importantly, understand the Market issues and challenges but more importantly, also have the knowledge to challenge current practices and the vision to conceive and deliver realistic alternative models to futureproof the Market and make London more attractive to do business with, well into the future.

We work with our clients to combine new thinking with new technology and (where required) work with those ‘difficult to replace’ legacy systems to provide a realistic, cost-effective and robust solution to both individual business and Market requirements.