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.