Tysers unveils new cloud-based policy consolidation platform

Global insurance broker Tysers who launched TConnect, an insurance platform that is designed to consolidate processes and automate the life cycle of a policy.

According to Reinsurance News, the platform will enhance Tysers’ operations by providing automated sanctions checking, contract certainty checks, task and query management workflow and centralised governance and management information.

TConnect is an API-enabled platform that integrates directly with Tysers’ existing systems and services. The platform also uses the same technology that enables digital connectivity to clients in both the upstream and downstream sense.

Tysers said the platform has been developed and built in-house with support from partners and has been implemented in two of Tysers’ largest broking departments. TConnect will be rolled out across the entire wholesale business.

Tysers CEO Clive Buesnel said, “Tconnect is a great example of the advances that we are making in our digital transformation programme. It demonstrates our commitment to redefining our end-to-end journeys to ensure we can respond to our clients’ and markets’ needs quickly and efficiently.

“Additionally, it positions us very well to integrate easily and effectively into the new Blueprint 2 architecture as it rolls out, especially our ability to seamlessly ingest the new digital technical account.”

Tysers CIO Steve Jolley added, “Tconnect is the realisation of a year-long programme of process development and a major step forward in connecting systems, clients and markets to digital trading platforms.

“Using API technology to eliminate re-keying, RPA technology to automate processes and being fully cloud based, Tconnect is available anytime, anywhere, on any device.

“By developing our technology in-house using OutSystems, we are future proofing our systems and our business to ensure that we are able to build additional features quickly, efficiently, and rollout Tconnect across the business at speed.”

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