VIPR works with insurers, reinsurers, brokers, MGAs, delegated claims administrators and TPAs to improve their data management and processing, focusing on analytical insights, specifically with the delegated authority business (where insurers outsource their underwriting to MGAs). It provides cloud-based technology for data ingestion, cleansing, validating, extraction, reporting, data warehouse repository and underwriting analytical capabilities. VIPR’s core aims are to improve underwriting performance, drive operational efficiency and regulatory and governance compliance. VIPR processes in excess of 375,000 bordereaux every year and is used by 40% of Lloyd’s managing agents.
To find out more, visit viprsolutions.com.