Markel International, a London- based property and casualty insurer, is replacing 8 core policy administration systems and a further 12 sub-systems with just one: Sequel’s Eclipse software.
Sequel, the insurance and reinsurance software specialists, has successfully completed, on time and on budget, the software to support Markel International’s business transformation programme.
Sequel sales and marketing director Michael Graham said Eclipse is the central component on which Markel’s global business change programme is being built, which will give Markel just one core system to run its global business on.
"Markel wanted a new flexible and powerful system that would improve data management, include straight through processing and give one single point of access for all the company’s core information.
"It will allow Markel to respond more quickly, and with more confidence, to internal and external stakeholders as well as the market place," Graham said.