LONDON--(BUSINESS WIRE)--VIPR Solutions (VIPR), a leading provider of Delegated Authority technology, has secured multi-year contracts with three of the most respected and influential insurance brands operating within the UK Lloyd’s Market.
These signings further cement VIPR’s position as the leading technology provider in the world’s most significant insurance hub.
The insurers that are partnered with VIPR are recognised leaders within the market, collectively representing billions in Gross Written Premiums (GWP) annually and holding key positions across specialty lines, including cyber, marine, property, and casualty. Among the newly signed agreements are some of the top-ranked Lloyd’s syndicates by GWP, with VIPR handling an estimated £10bn of delegated authority premiums for the Lloyd’s market.
As VIPR continues to expand its presence, it now serves a significant number of insurers, brokers and MGAs globally.
The UK Lloyd’s Market remains crucial to VIPR, serving as a global benchmark for excellence in delegated authority operations and data management. Paul Templar, Co-Founder and CEO of VIPR said: "The Lloyd’s Market sets global standards for the specialty insurance sector, and we are honoured to work alongside such prestigious brands that are driving its continued success. These partnerships reflect the trust in technology to streamline data processes, enhance efficiency, and deliver actionable insights. By working together, we are helping to build a smarter, more connected Delegated Authority ecosystem.”
The newly signed customers have committed to implementing VIPR’s industry-leading technology platforms, including VIPR Intrali, Insights, Portal, Intarga, and Data Cloud, hosted on VIPR’s cloud infrastructure. The platforms are designed to automate bordereaux management, reducing manual effort and improving accuracy. It enables enhanced reporting, ensuring actionable, validated insights and optimising delegated authority portfolio management, driving closer to real-time data-driven decisions.
Templar added: “VIPR’s continued success within Lloyd’s Market highlights the growing acceptance and adoption of advanced technology solutions to modernise and improve Delegated Authority Data Management.”
About VIPR
Founded in 2009, VIPR Solutions is a leading insurance technology company that supports automation of back-office processes, particularly for program business and delegated underwriting authorities. VIPR platforms streamline bordereaux management and processing and coverholder management, as well as regulatory compliance, and provide users with powerful data insights capabilities for strategic analysis.
VIPR (pronounced “VY-per”) was the first company of its kind to be approved by Lloyd’s London Market for direct reporting. Today, over 45% of Lloyd’s syndicates use a VIPR product, as well as some of the world’s best-known carriers and intermediaries in Europe, Canada and the United States. Among VIPR’s clients are a leading Swiss insurer, a top 10 US carrier, and an international Canadian insurer, along with several smaller and start-up Managing General Agents and Brokers.
