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TGSL passes BIBA Broker System Resilience Review

Insurance software provider Transactor Global Solutions Limited (TGSL) announces it has passed the system resilience review conducted by NCC Group on behalf of BIBA.

NCC Group conducted a thorough assessment of TGSL’s policies, procedures and working practices in order to gauge the organisation’s approach to IT security and judge its ability to prevent and if necessary recover from issues such as service outages and cyber attacks.

Ian Blakesley, Chief Information Officer, TGSL, said, “We are pleased to have passed the assessment set by BIBA which, along with our newly obtained ISO 27001 certification, demonstrates our commitment to IT security. Following the recent Malware attacks, high profile data leaks and service outages, security has rarely been higher on the agenda for many business leaders and as a software provider we believe we have an inherent responsibility to lead the way in this area. 

“TGSL has always prioritised investment in technology and for our latest software, Version 7, we completed a thorough review of our systems, adopting new features such as the Microsoft Azure technology stack to ensure system stability. We’ve long championed the use of cloud technology and work with trusted hosting providers to ensure client data is kept secure. We are proud of the resilient infrastructure on which our platforms and systems are hosted, so it is reassuring to receive this independent validation from BIBA.

“Over the coming months and years we will continue to conduct regular reviews of our IT security, making improvements where necessary to ensure we offer clients the best possible service.”

Transactor Global Solutions Ltd. (TGSL) is one of the top insurance software houses in the UK providing configurable insurance software to a range of insurance brokers, underwriting agencies, insurers and MGAs.

Transactor includes a range of front and back office software for any class of business and is unique in the level of flexibility it provides. Front end applications interact with back office databases reducing business costs and increasing productivity. Transactor software uses Microsoft .Net architecture making it familiar and easy to use plus systems are readily scalable, supporting multiple branches, channels, brands, affinities, languages, and currencies.

Since inception in 2003, TGSL has supported an organic growth model delivering compound annual growth of approximately 25%. It currently has over 200 staff across offices in Winchester, Milton Keynes and Krakow (Poland).

TGSL clients include Adrian Flux, the UK’s largest specialist motor insurance provider; Caravan Guard, specialist scheme broker; Cornish Mutual Assurance, personal, business, home and farm insurance specialists; UK General Insurance Group, the UK’s largest specialist Managing General Agency; Ryan Direct Group, one of the largest insurance services providers in the UK; AJ Gallagher Insurance Services, a leading UK independent insurance broker and employee benefits consultant; and PetPlan USA, specialist pet insurer.