40 years of new client installations and counting
Posted by Mason Power - June 23rd, 2010 at 11:06:05 am
Sword Intech was founded in 1968, (and yes, its single system for underwriting, billing & claims has been rearchitected since) and works with over 60 insurers. Known best for being a market leader in policy administration for the Lloyd’s market, Sword Intech also serves companies in Asia and Europe but most of its clients are in London, North America, and Bermuda.
MS Frontier Re (MSFRe), a wholly-owned subsidiary of Mitsui Sumitomo Insurance Company, Limited, Japan, has been writing mainly Property Catastrophe reinsurance business out of Bermuda since 2002 covering worldwide risks and needed to move off a legacy environment to a robust, modern and configurable system.
MSFRe chose the Open Co+ single system for complete management of its assumed reinsurance business and in the words of their IT manager running the implementation, “The Sword team was diligent and highly professional in assisting us with this conversion and implementation. Overall I am very pleased with the final result.”
The press has covered the story in Insurance & Technology here and Insurance Business Review here.
No Comments yet »
RSS feed for comments on this post. TrackBack URI
Leave a comment