• Contact us
      • Contact Us
      Have a question?
      Try speaking to one of our experts
      Contact us
      Information
      • Careers
      • Privacy Notice
      • Cookie Notice
      • Terms of Use
      • Office Locations
      Sign up for industry updates
      Stay up to date on Celent's latest features and releases.
      Sign up
      • Privacy Notice
      • Cookie Notice
      • Terms of Use
      REPORT
      Markerstudy Insurance Services Ltd.: Markerstudy Hosted Rating System (MHR)
      Winner of a Celent 2020 Model Insurer Award for Legacy and Ecosystem Transformation
      15th April 2020
      //Markerstudy Insurance Services Ltd.: Markerstudy Hosted Rating System (MHR)

      The UK motor insurance market is a highly competitive market that relies heavily on comparison pricing sites to generate new customers. Insurers in this market need access to every potential quote in a highly efficient way. Markerstudy's Hosted Rating System (MHR) improves the insurer's ability to compete in this market. It was brought to market quickly, uses enriched data to make quotes, and takes advantage of an expansive use of analytics to understand trends and change pricing quickly.

      In addition to the technology, Markerstudy is also being awarded a Model Insurer award for their ability to transform the company’s IT department into a 21st century agile, DevSecOps function and convert the company into a “cloud first” technology architecture, which was a huge change in their mindset and capabilities.

      Author
      Karen Monks
      Karen Monks
      Research & Advisory
      Karen Monks
      Details
      Geographic Focus
      EMEA
      Horizontal Topics
      Architecture & Legacy Modernization
      Industry
      Property & Casualty Insurance