Streamline your insurance processes
Mendix can provide you with a simple integrated and flexible alternative, which can be used for the transfer and management of run off accounts, or the integration of new accounts that require individual management. By using Mendix, you can save the costs you would traditionally encounter through outsourcing your requirements to a major market IT supplier, or by having to build and integrate systems in-house.
The records (premiums, claims, reinsurance etc) for a syndicate (or multiple syndicates) in run off could be transferred or entered on to the Mendix application which would then stand alone from other live entities. The Mendix application has a strong and flexible reporting function, which is capable of producing all required reports for Managing Agents, Lloyd’s, FSA and also provides the requisite audit trails for accounting purposes. It also has the ability to link the records so that claims and reinsurance records link to premiums.
The Mendix application is completely flexible and is able to scale in accordance with the business requirements.
The advantage of the Mendix application is the flexibility of a user-friendly and manageable system – saving you the costs of running a larger mainframe application and any associated licence and running costs for accounts that may be producing minimal premium income
Mendix is a well-established provider of rapid application development tools and is growing significant market share throughout Europe and the USA. It is currently used by large organisations such as Sky, GE, GlaxoSmithKline, AGIS and Arch Re.
Read our case studies:
Find out how Arch Re grew its program business with Mendix self-service portal
Find out how First Nonprofit chose Mendix to streamline their insurance processing and deliver an on-line solution
Find out how Agis automated their 'international claims handling' within 6 weeks
Find out how Agis used Mendix to deploy a critical Health Procurement Portal
