We were pleased to be recognised for ‘Digital Initiative of the Year’ at the Broker Innovation Awards 2024! Our application focussed on the work we’ve done to grow premium and policy count on the OPAL Underwriting platform, alongside providing a better service for users. Find out more about OPAL Underwriting at https://lnkd.in/eeuqe4ZX
OPAL Underwriting
Insurance
Award winning online insurance quote and bind platform from AEGIS London
About us
The OPAL platform enables Wholesale Brokers and Managing General Agents to access the Lloyd’s market in a way that makes sense for the modern world. OPAL provides a Commercial Wind Deductible Buy-Back, Homeowners Wind-Deductible Buy-Back and Terrorism product in the US, and an E&O and Vacant Land product in Canada, offering policies in a fraction of the time it normally takes. The OPAL platform is provided by AEGIS London.
- Website
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https://marketing.opaluw.com/
External link for OPAL Underwriting
- Industry
- Insurance
- Company size
- 51-200 employees
- Headquarters
- London
- Founded
- 1999
- Specialties
- Wind Deductible Buyback, Deductible Buyback, and Commercial Property Insurance
Updates
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OPAL Underwriting reposted this
InsTech recently met with Calum Williams, Digital Development Manager of AEGIS London to discuss the development and distribution of new insurance products through the company’s digital platform #OPAL ➡ https://lnkd.in/evGH3pFZ Calum discussed: 1️⃣ How digital platforms improve broker efficiency, offering faster processes with API integration and reduced manual tasks. 2️⃣ Why market validation drives product success, through ongoing broker collaboration to align with client needs. 3️⃣ How AEGIS London provides both digital and traditional trading options for brokers. 💡 Discover all here: https://lnkd.in/evGH3pFZ #InsurTech #DigitalPlatforms #Insurance #Brokers Matthew Grant Alex Smithard Benjamin Gopal
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OPAL Underwriting reposted this
With AEGIS London’s quote and bind platform OPAL Underwriting reaching the milestone of handling $500mn of premium, Head of Digital Trading Tom Squires takes a look back at the steps involved in creating a successful digital platform in today’s The Insurer https://lnkd.in/eWgTKKPt
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OPAL Underwriting reposted this
If you are planning to attend the MGAA Capacity Exchange 2024, we would be delighted if you are able to take a moment to come and say hello. We believe it would be a fantastic opportunity to engage in meaningful discussions about potential opportunities. We look forward to seeing you there on Wednesday morning. Bradley Lawrence Iain Lewers Dip CII, OLY #MGAA #CapacityExchange2024
Barry Plummer, Bradley Lawrence and Iain Lewers Dip CII, OLY from the AEGIS London team will be attending the Managing General Agents’ Association (MGAA)'s 2024 Capacity Exchange on Wednesday at Banking Hall. Reach out to one of the team to discuss capacity opportunities, risk appetite, portfolio development and more #MGAA #CapacityExchange2024 #Networking #MGACommunity #Insurance
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OPAL Underwriting reposted this
Barry Plummer, Bradley Lawrence and Iain Lewers Dip CII, OLY from the AEGIS London team will be attending the Managing General Agents’ Association (MGAA)'s 2024 Capacity Exchange on Wednesday at Banking Hall. Reach out to one of the team to discuss capacity opportunities, risk appetite, portfolio development and more #MGAA #CapacityExchange2024 #Networking #MGACommunity #Insurance
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🎨 Introducing Our Fine Art & Collectibles Deductible Buy-Down Product on OPAL! 🖼️ We are thrilled to announce the launch of our product tailored specifically for US High Net Worth (HNW) individuals. Our Fine Art Deductible Buy-Down product offers an opportunity to reduce deductibles on overlying insurance policies, providing enhanced protection for your clients valuable art & collectibles. Available on OPAL, our API enabled quote & bind platform. Please reach out to find out more. https://lnkd.in/g2TzCgUf
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We are attending WSIA, San Diego in September. If you would like a meeting to talk all things Digital, please do reach out!
Members of the AEGIS London #underwriting, #digital #trading and #claims teams will be heading to San Diego later this month to attend the WSIA (Wholesale & Specialty Insurance Association) Annual Marketplace 22-25 September. Please reach out to one of the team if you’d like to connect. We look forward to seeing you there! #WSIA #WSIAAnnualMarketplace #insurance #london #sandiego @Darren Loader Helen Rees Alexander Hargreaves Georgia Weston James May ACII Sam Benefield Tom Squires Calum Williams Matthew Cooper Stephanie Bray
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OPAL Underwriting reposted this
We have been working with tech company hyperexponential to implement state-of-the-art pricing system at AEGIS London, hx Renew. The partnership has been a great success resulting in the build of 58 pricing models within just nine months and improved decision making based on that data. The following film, featuring members of the team from actuarial, underwriting and IT, tells the story of our hx Renew journey and provides insight into the collaborative way we work at AEGIS London. There are also some great shots of our Fenchurch Avenue office space! Thank you to everyone who got involved with the filming and to the team over at hyperexponential for working together on this implementation #data #digitalisation #performance #culture Adam O'Reilly @Holly Wilson Roger Misra Jonathan Humm Rajan Singh Purba, FIA https://lnkd.in/dkrTSCCY
Case study: AEGIS London x hyperexponential
https://www.youtube.com/
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Thrilled to see the work we are doing with Kayna Innovation feature in Gallagher Re Global InsurTech Q2 Report! Freddie Scarratt Paul Prendergast
📢 Excited to see Kayna Innovation's work with AEGIS London and OPAL Underwriting featured as a Case study on the prestigious Gallagher Re Global InsurTech Report Q2 2024. 🔥 FREE download here: https://lnkd.in/eekMERVs p.56-59. Thanks to Andrew Johnston and the team at GallagherRe for the recognition. 👏 🚀 The case study centres on how our combined solution is deployed to offer property insurance to loan applicants on US-based Commercial Lending platforms. Our work helps the vertical SaaS platforms to: ✅ Offer mandatory Property Insurance cover options; ✅ Close more loans faster; ✅ Generate additional revenue through fees; ✅ Access AEGIS market-leading insurance, available across all 50 States, to loan applicants during the loan process. If you would like to learn more about how Kayna enables embedded insurance distribution across vertical SaaS platforms, let's talk! Peter Bermingham | Calum Williams | Iain Lewers Dip CII, OLY #embeddedinsurance #insurtech #verticalSaaS #GallagherRe
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OPAL Underwriting reposted this
Discover AEGIS London's full hx Renew journey here: https://lnkd.in/dYq_uJEA In 2023, AEGIS London implemented hx Renew to replace their legacy bespoke system with state-of-the-art pricing technology. The results speak for themselves: 💠 58 models built in just nine months in-house 💠Richer data and better data capture for decision-making 💠More effective actuary/underwriter collaboration At hyperexponential, we’re excited to continue working with the incredible AEGIS London team. Here’s to pushing the boundaries of pricing even further, in 2024 and beyond!