Providing insurance products that directly address an individual's own needs and lifestyle is how we have reached more than a quarter of a million policyholders in total across the country.
We provide market analysis and insight, assist with your proposition development and help you to design the correct structure for your insurance, claims, digital and other service requirements.
As part of this service, we can also assist with tender submissions, advise on partner selection, as well as advise on and arrange provision of underwriting capacity.
We will work to your timelines.
As well as acting as Third Party Administrators on live books of business, Connexus Insurance Solutions (along with its legal service partners) are able to provide multi–disciplinary services within the confines of one 24/7 IVR telephone facility.
This can save insurers significant funds in terms of management, compliance, audit and control of multiple TPAs.
In recent years, we have successfully dealt with a contract containing over 1 million policies from cradle to grave. Providing all aspects of required services, these included but were not limited to the policy administration on a daily basis, historic and FNOL claims services, legal support, financial management and the complete integration of the policy and claim database into our own systems. By integrating the data in this way, we were able to cleanse & validate the data to provide high level financial reporting, live data feeds providing full claims data and reporting functions and a highly competitive reserve reduction on settled cases.
As well as managing a panel of over 20 law firms externally across Europe, Connexus dealt with new claims reported during these three years in the areas of Motor, Employers Liability, Property and Professional Indemnity Risks, allowing a continuous free flowing work model that also protects the customer journey.
On a separate run off scheme, Connexus took over the policy administration of a significant multi-broker legacy book of fleet and single vehicle motor risks where the previous administrator ceased trading without warning.
Within a week of instruction, Connexus set up all lines of communication with both existing policy holders and acting brokers, the data was cleansed, validated and imported into our bespoke systems, created a rating system to ensure MTA’S and cancellations and general policy changes could be implemented as well as collection and repayment of premium, all without loss of reputation or financial detriment to the capacity provider.
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