EVOLUTION INSURANCE COMPANY SELECTS MORNING DATA AS ITS INTEGRATED PLATFORM SUPPLIER

Morning Data, an award-winning supplier of world-class software and service solutions for the global insurance industry and Evolution Insurance Company Ltd today announced that they have entered into a partnership which will see Morning Data’ provide a new integrated platform HELIX, within EVO’s operations. The product will afford Evo the single integrated solution to processing all its policies from bordereaux to outward Reinsurance programmes. 

Evo is an independent privately-owned insurance group which provides traditional and innovative insurance solutions via a network of MGAs  in the UK and Europe. Classes cover Surety Bonds, Warranties, Latent Defects, Property, Motor, Title Risk, Ancillaries and Captive Insurance Structures.

Will Bidwell, CEO of Evo: “It was important for Evo to select an agile and flexible partner and a proven adaptable innovative solution that would support our needs both now and well into the future.  In Morning Data and HELIX, we were able to find exactly what we and our stakeholders required.”

Kirstin Duffield, Managing Director, Morning Data said, “We have always remained totally committed to supporting Coverholders, MGAs and Brokers in the London Market as well as our Insurer clients both domestically and overseas. Our clients present various combinations of Facultative, Treaty and Delegated Authority business for almost every class imaginable and we relish the challenge to handle it all. We are delighted that Evolution has selected our HELIX platform and look forward to working with William and his team.”

 

Morning Data has seen record increases in terms of revenue, net profit and clients in its 2016/2017 financial year, and the recent steady take up of new Brokers, MGAs, Coverholders and Insurance Companies as well as a string of new appointments reflect the business’ growth and provide a strong platform for its continued development.

Other clients include the National Insurance Corporation of Eritrea and New Sudan Insurance company covering multiple classes ina paperless environment.