Markit Core ™
MARKIT CORE™ allows Insurance businesses to operate in the present, digital, connected environment.
It's focus is the London Insurance Market and specifically to support MGAs and Delegated Authority business.
Markit Core ™ is shaped from our knowledge of the market, being developed to meet the complexity of London Market (including Lloyd’s) standards in respect to those transacting Delegated Authority business.
The technology is delivered via a secure private cloud (SaaS) and can be accessed via mobile, tablet or a desktop browser anywhere and at any time.
Base Configuration: Entity Configuration, Contract Management, Roles & Permissions.
Product Management: Product Configuration, Rating, Document Management.
Common Processes : Quote & Policy Management, Claim Management, Report MI & Analytics, Accounting & Cash Matching, Transaction Payments, Client Database,Complaints, Compliance & Assurance, Channel Management.
Upon a Base Configuration and Product Set-Up the configured Platform will provide access to the Full Life-Cycle of a policy.
Quickly respond to needs
Reduce time on repetitive tasks
Quickly amend lines of business
Access realtime reporting
Maintain full compliance
Meet latest security standards
Integrate with 3rd Party APIs