As a Coverholder, your focus is providing your customers with a first-class service with first-class products. This means you need an efficient means to place cover, capture risk data and not get bogged down with the reporting requirements required by your insurer, broker or the market.
Morning Data has been at the forefront of a push for a generic standard approach for data capture, which can be efficiently processed through NOVUS. The reporting capabilities within NOVUS and visual real-time data allows you to provide information quickly to relevant parties, as well as monitor current exposures and aggregations, including supporting the ACORD and Lloyd's reporting guidelines such as ER3001 and Risk Exposure. These features ultimately provide clients with better value for money, improved process control, greater efficiencies and single source of data meaning improved protection of Insurers delegated authority.