SchemeServe, a leading provider of insurance scheme software for brokers, MGAs, underwriting agencies and insurers, has today appointed Jonathan Powell as an underwriting ‘Scheme Tailor’.
All of SchemeServe’s underwriting scheme developers are given the title Scheme Tailor, reflecting its bespoke and service driven approach to scheme software development. The Scheme Tailors build and maintain SchemeServe’s customers’ insurance products using their years of technical underwriting and e-trading experience to help customers translate underwriting guides and delegated authorities into live products.
Jonathan joins SchemeServe from Advantage Insurance where he spent 6 years underwriting, managing real time pricing and post live validation. Prior to 2009 Jonathan was an insurance technician and programmer for Equity Red Star and Acorn Insurance.
Jonathan’s appointment is part of SchemeServe’s current recruitment drive to service the current growth in demand for its scheme software. In the past two years the software has grown to transact over £100m GWP across nearly 200 schemes.
Adam Bishop, CEO of SchemeServe, comments: “We’re delighted to welcome Jonathan on board. He has years of underwriting experience and an intimate knowledge of rating engines. The Scheme Tailors play a vital role in the success of a scheme, working together with the insurers and using the broker’s in-depth knowledge of the scheme’s audience, their needs and risks, to design and administer the products.
“Schemes business has really taken off for brokers – according to UK General more than a third of brokers write the majority of business in this way and technology is the key to enabling brokers of any size to make schemes work for them. The SchemeServe software takes the brokers’ specialist knowledge of a niche audience and in just 10 days or less can deliver them a scheme that is efficient, profitable and compliant.”
Given the growth in schemes business and the demand for its scheme software, SchemeServe expects to recruit a number of other new Scheme Tailors over the coming months.
For further information please contact:
SJ Douglas at Spotlight Consulting: firstname.lastname@example.org or 07909 546104
SchemeServe is a leading cloud based provider of schemes software to the insurance industry which has grown to operate more than 200 schemes and £100m of gross written premium via their software in the past two years.
SchemeServe is a white-labelled administration, distribution and underwriting SaaS solution for those operating delegated authority schemes business in both personal and commercial lines.
The company’s ‘Scheme Tailors’ are all ex-underwriters and using SchemeServe they work with brokers to design bespoke white labelled solutions for customers in 10 days or less.
The SchemeServe philosophy is Remarkable Schemes Made Simple