
Private equity firm Tenzing invests in VIPR to support next growth stage
This feature is upgradeable
For End Users
You can activate this feature and other links for ALL VENDORS with a VendorMatch Premium subscription. Additionally you can gain access to an increased depth of data, summary reports, RFX reports (detailed completed RFIs - available to financial institutions only) and comparison grids. Please click here for more information.
For Vendors
Vendors can activate their links and gain access to analytics by upgrading to VendorMatch PRO. Please click here for more information.
Speak with an analyst
Financial institutions and their advisors can subscribe to our Analyst Access* service. Effectively phone or (email) a friend you can have on tap advice and support provided by our analysts on this vendor, solution or solution category.
HOW TO SUBSCRIBE
To protect vendor data only financial institutions and recognized advisors can subscribe to VendorMatch Premium. Please click here for more information.
or contact us to discuss a subscription.
Subject to reasonable use.
Survey Summary
The Survey Summary provides a download of the vendor profile, solution profile and the VendorMatch Discovery survey vendor responses used to power the directory. All responses are provided by the vendor online.
Note that this report is a high level summary of the vendor's credentials and a solution's capabilities designed to assist with solution short-listing. The RFX report is the more comprehensive Request For Information report designed to support evaluation and selection, this will only show where the vendor has completed the "RFX" RFI.
HOW TO SUBSCRIBE
To protect vendor data only financial institutions and recognized advisors can subscribe to VendorMatch Premium. Please click here for more information on Premium features or contact us.
RFX Report
The RFX report is an XLS download of the Vendors response to the “RFX” Request for Information for this solution.
The RFX is a centralized golden copy of a RFI authored by our analysts based on their expertise in running real-life system evaluation and selection projects and completed by the vendor online.
Note to protect vendor that only Financial Institutions and recognized Advisor can subscribe to this feature.
In each instance the first time the link is used the user requests permission to access the RFX report and it is the vendor who is required to authorizes access. You will be alerted when the vendor has reviewed your request and granted permission.
HOW TO SUBSCRIBE
Please click here for more information on Premium features or contact us.
To learn more about subscribing to our service options, please contact us here
Independent private equity firm Tenzing has invested in VIPR to support the next phase of its growth strategy in the UK insurance market.
VIPR, the award-winning provider of Delegated Authority (DA) solutions, announces that Tenzing, an independent private equity firm based in London that targets buyout investments in high growth businesses, valued between £10m and £100m, has invested in VIPR to support the next phase of its growth strategy in the UK insurance market.
With over 50% of the Lloyd’s Managing Agents who buy a DA system as clients, and processing some £10bn of GWP annually, VIPR is seen by many in the insurance sector as the ‘go-to provider’ for DA software solutions. VIPR provides solutions covering bordereaux processing and management, coverholder management, and highly-flexible reporting and analysis.
VIPR will continue to serve the Lloyd’s market, where its market-leading product, ‘Intrali’, provides Managing Agents and brokers with additional complementary functionality to the Lloyd’s system, ‘Delegated Data Manager’ (previously DA SATS).
However, brokers, the wider UK insurance market, and international markets, are the increased focus of VIPR’s next stage of rapid, service-led growth.
Paul Templar, CEO of VIPR, said: “Delegated Authority business plays a hugely important role in the insurance sector and VIPR is already well established as the Delegated Authority experts within the London market. We are thrilled that Tenzing has recognised our leadership position and this investment and partnership will assist us in continuing to grow our UK presence and expanding our international footprint.”
Christian Hamilton, Founder and Co-Managing Partner of Tenzing, said: “VIPR has all the high-growth characteristics we look for in a business, growing over 30% over the last year, despite the challenges 2020 has presented. We’re excited to back Paul, Stewart, and the wider VIPR team, and look forward to helping to maximise the company’s potential with the support of our Growth Team.”
This is Tenzing’s ninth investment from Tenzing Fund I. It follows a busy first half of the year, which saw the firm lock in £400m for its second fund within nine weeks.