Antares Global, a provider of insurance and reinsurance capacity, has expanded its partnership with VIPR, a provider of AI-driven technology for the global Delegated Authority insurance market, adding three products and signing a three-year renewal following a competitive tender.
Antares has used VIPR’s bordereaux management solution for over a decade. It has now expanded its commitment to VIPR’s solutions, which include VIPR Intarga, an onboarding and due diligence platform; VIPR Data Cloud, providing data infrastructure and distribution; and VIPR Insights, delivers AI-enabled analytics and reporting.
Tony Russell, Chief Revenue Officer, VIPR, commented: “Antares has grown its Delegated Authority book with real ambition in recent years, underpinned by infrastructure already proven at market scale.
“After 10 years of partnership, our expanded agreement will continue to provide Antares with access to the leading Delegated Authority platform, helping it build on its long history of successful, profitable underwriting in this space.”
Antares selected VIPR to drive the next phase of its Delegated Authority strategy after conducting a thorough review of its operational requirements.
By integrating onboarding, data infrastructure, and analytics capabilities with VIPR’s established bordereaux management platform, the broadened collaboration enhances visibility and connectivity throughout Antares’ Delegated Authority Framework.
Mark Graham, Chief Executive Officer, Antares at Lloyd’s, said: “We have worked with VIPR for more than a decade, and this expanded partnership reflects the next stage of our Delegated Authority strategy.
“Bringing together onboarding, data management and analytics will support a more connected approach across our operations, providing our teams with greater visibility and helping us work more efficiently as the business continues to develop.”
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