Case Studies

Hampden Group affiliate selects VIPR

Written by Caroline Hanan | Aug 19, 2024 4:16:25 PM

Hampden Risk Partners (‘HRP’), a regulated Lloyd’s syndicate, plays a critical role as an intelligent follow consortia and quota-share partner to high-performing Lloyd’s syndicates. Its mission allows these syndicates to underwrite more business and provides capital backers with access to syndicate participations typically unavailable to third-party capital. Predominantly backed by Hampden Agencies, the most substantial members’ agent in the Lloyd’s market, HRP underscores its reputation with this collaboration. VIPR, on the other hand, has carved a niche for itself in the delegated underwriting industry since 2009. With expertise in automating back-office processes and ensuring regulatory compliance, VIPR specialises in providing technology solutions for bordereaux management, coverholder management, data analytics and data services.

HRP contracted with VIPR for a customised “business process as a service” (BPaaS), which includes VIPR Managed Services and several VIPR applications, demonstrating a seamless end-to-end automation solution.

These applications include:

VIPR Portal: A digital gateway allowing coverholders and program administrators to upload bordereaux information directly or via a
secure API gateway.

VIPR Intrali: A bordereau management solution that validates transforms and aggregates risk, premium and claims data into a
single, trusted data model.

VIPR Insights: A data analysis application providing KPIs for monitoring risk, premium, claims, and operational efficiency.

VIPR Data Cloud: A secure data repository for storing and sharing all data processed through VIPR platforms, ensuring all parties
have a consistent view of risk, premium, and claims data.

If you would like to know more about our “business process as a service” (BPaaS) offering - BOOK A DEMO

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