DRC is pleased to introduce one of its newest clients, Mitsui Sumitomo Insurance Group (MSIG). MSIG at Lloyd’s is part of MS&AD Insurance Group, one of the ten largest non-life insurers in the world, with assets of over £96.4 billion and annual net premiums in excess of £15.9 billion. It benefits from exceptionally strong credit ratings: S&P A+, AM Best A+, Moody’s A1, has 325 offices in over 40 territories around the world providing unrivaled global strength, stability and security. As a subsidiary of this group, MSIG at Lloyd’s brings unique benefits to its brokers and customers in the UK, Europe and further afield through Lloyd’s syndicate 3210.
MSIG recently went live with GameChanger Rate Quote Issue Solution by DRC in just 10 weeks from contract signing for Coverholder (MGA) direct to consumer sales of specialty lines for small business owners in Canada. Ten weeks after the contract award, Canadian broker Nacora International went live with a homeopathic medicine program targeted at small to medium-sized enterprises, underwritten by MSIG.
“We are extremely excited to have delivered a new line of business, via our SaaS licensing model in such a short implementation time, and by dealing directly with the business owners of the product,” noted Robert Whitton, VP of Business Development at DRC. “This deployment method will become more our standard, as we demo the system for a prospect in the cloud, then use that environment to configure the client to production,” Whitton continued.
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