Marine insurer Gard AS has deployed Exact by AdvantageGo, the commercial insurance and reinsurance product family from NIIT Technologies, to help streamline and automate exposure management processes across its business.
Gard AS, the largest P&I Club and the second largest marine insurer in the world, is using AdvantageGo’s Exact, to help manage its windstorm exposures across the globe, allowing it to extract relevant data and automate accumulation reports at the push of a button.
Cathrine Hopstock, Vice President and Head of Technology and Business Transformation, Gard AS, said: “Exact allows us to streamline and automate exposure management processes across our business, modernise existing IT infrastructure, and monitor ongoing growth against targets.”
“Our solutions provide IT agility so that (re)insurers can develop new business models and thrive in the rapidly evolving insurance marketplace.” said Adrian Morgan, Executive Vice-President and Head of AdvantageGo at NIIT Technologies “We are delighted that Gard has chosen us as their partner. Exact will enable Gard AS to expand into new lines of business across the globe.”
Gard is a shipowner-controlled provider of P&I, marine and energy insurance products, with over 470 staff in 13 offices around the world. The direct insurance entities within the Gard group; Gard P. & I. (Bermuda) Ltd., Assuranceforeningen Gard -gjensidig, Gard Marine & Energy Limited and Gard Marine & Energy Insurance (Europe) AS are rated ‘A+' by Standard & Poor’s.
AdvantageGo is the innovative commercial insurance and reinsurance product family from NIIT Technologies. It harnesses the power of proven, functionally-rich core solutions and augments it with the energy and culture of being an InsurTech leader. AdvantageGo enables insurers and reinsurers around the world to fuse the traditional with digital, helping them to rapidly adapt, drive change and succeed with agile software and Microservices.
AdvantageGo – revolutionizing insurance software.
About NIIT Technologies
NIIT Technologies is a leading global IT solutions organization, enabling its clients to achieve real world business impact through unparalleled domain expertise working at the intersection of emerging technologies. The Company focuses on three key verticals: Banking and Financial services, Insurance, Travel and Transportation. This domain strength combined with leading-edge capabilities in Analytics, Cloudification, Cognitive automation, and Digitalization, helps clients innovate business, automate process and industrialize AI. With over 9500 people serving clients across Americas, Europe, Asia, and Australia, NIIT Technologies fosters a culture that promotes innovation and constantly seeks to find new yet simple ways to add value for its clients.