Sequel Business Solutions, the leading insurance and reinsurance software specialist, has today announced that DUAL Group, a subsidiary of Hyperion Insurance Group, is the 20th company to choose Sequel Impact, Sequel’s innovative risk exposure and aggregation tool. Sequel Impact is the first product to give the underwriter’s front office an accurate, graphically displayed exposure and analysis management tool – all in a single solution and in real time.
DUAL Group is the underwriting division of Hyperion Insurance Group, a leading independent and employee-owned international insurance and reinsurance intermediary group. Hyperion’s businesses operate across Europe, Asia, the Middle East, Latin America, Australia and New Zealand and in the USA, and employ over 3,000 people in offices in more than 35 countries.
Sequel Impact will give DUAL’s underwriters and other risk management stakeholders the ability to quantify and visualise risk exposure quickly and easily, along with greatly enhanced query and mapping capabilities. Cloud-based or hosted locally, it can be used on devices ranging from desktops to tablets. Under the terms of the agreement, Sequel will also provide the company with all the training and configuration it needs to start using Sequel Impact for different business lines.
David Jack, CIO of Hyperion Insurance Group, says: “We have a simple underwriting system strategy – convergent best of breed. Additionally I want disruption, innovation and high levels of competition between our suppliers. The Sequel team engaged and delivered a great solution in super quick time.”
Rob Stavrou, Sales and Marketing Director, Sequel says: “Signing DUAL as our 20th client for Sequel Impact is an important milestone for us, as it highlights our commitment to creating innovative products that deliver tangible benefits for world-class insurance firms. We are looking forward to providing the company’s talented and experienced underwriting team with the unrivalled benefits that Sequel Impact can offer, as we continue to invest in the Market and are set to launch further new products over the next few months.”