For MGAs

Deepen relationships with business partners

Register

Streamline outdated risk reporting and place new business

Traditional bordereau processing and administration is labour-intensive and error-prone, inflating costs for brokers and compromising the quality of submissions to insurers. We employ modern data infrastructure tools to automate data aggregation, validation and enrichment, streamlining the back office and allowing brokers to grow their service offerings without the limits of manual data handling.

Plug and Play compatibility

Our open APIs plug into many policy administration systems making Noldor easily compatible with the MGA’s existing platform, integrating hands-free at the point of data origin or via multiple alternative channels.

Disparate data consolidation

Noldor integrates disparate data sources across bordereaux reports, claims, inspections and loss models to provide complex data aggregation, infeasible through typical manual processes.

Stay in control of your data

MGAs retain complete data ownership, access and permission controls allowing our customers to precisely regulate the flow of their data to their clients. Where needed, Noldor also offers the flexibility to customise additional bespoke data fields to provide more dimensions to your risk reports to meet your clients’ needs.

Keep up with the latest regulations of the Insurance Marketplace

With the publication of Blueprint Two in November 2020, the Future at Lloyd's strategy set new data standards for the reporting of risk and claims data by coverholders. Similarly, the ACORD and Oasis Data Standards were designed to increase interoperability of insurance datasets. Noldor aggregates and normalizes MGA program data in accordance with the latest reporting requirements, saving MGAs time and effort to focus on core business.

Develop competitive insights

Insurers want to understand their risk portfolios. Noldor uses advanced data science to provide sophisticated but easily digestible insights into MGA underwriting, allowing program managers to showcase their performance. Noldor also allows insurers to provide feedback on data submissions, giving coverholders the ability to respond quickly and flexibly to client needs.