Pioneer's business is now running on the Eclipse software backed up by fully managed services provided by Sequel, the insurance and reinsurance software specialists. It is Sequel's second MGA customer.
Phil Hill, Operations Director at BMS Group, says: "We chose Sequel because they work fast, accurately and effectively - they've got us up and running in a matter of weeks. They really understand us and our market place - that's why we were confident that we could place our new business requirements in their hands."
Michael Graham, Sequel's Sales and Marketing Director, says: "BMS are a dynamic, forward-thinking company - they knew they could trust us to get Pioneer up and running on time and within budget and we did. This approach has allowed BMS's Pioneer MGA to focus its efforts on achieving profitable growth without distraction while we take care of the business software and associated services."
"There's a trend for new MGAs looking for the benefits this kind of managed software and services brings. MGAs need a robust, flexible and good value system to support their business when they launch - without having to worry about running, maintaining and updating it. We have seen a significant amount of interest in the market place since new MGA Equinox Global Ltd came on board late in 2010 - and we have more MGA customers in the pipeline," Graham concludes.
Pioneer accesses its Eclipse insurance software via a browser. Sequel run the software, which includes the recently published Lloyd's standard premium and claim bordereaux reports, on a dedicated server and deal with all the software and hardware maintenance, servicing and upgrades.