VIPR wins HRP risk data contract

VIPR Solutions has won a contract with Hampden Risk Partners to manage risk data from approximately 2,000 bordereaux received from up to 50 different delegated underwriting entities.

Under the agreement, VIPR will implement a customised business-process-as-a-service by implementing its managed services offering along with a number of other applications.

Ben Ormerod, chief data officer at HRP, said: “We are delighted to select VIPR as our solution provider of choice in the management of delegated data for Syndicate 2689. VIPR’s automated smart technology will enable us to streamline our data management processes, increasing efficiency and reducing the risk of errors. At Hampden Risk Partners, we are committed to delivering exceptional service to our clients. Working with VIPR will allow us to further enhance our capabilities.”

David Sweet, chief commercial officer at VIPR, added: “Our intuitive mapping interface significantly reduces the time spent validating large volumes of risk, premium and claims data. Our data analytics platform, VIPR Insights, will enable HRP to better understand the performance of their portfolio and help support future underwriting decisions.”

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