The Lloyd's syndicate has contracted with the global insurance technology company VIPR Solutions (“VIPR”) to manage risk data from approximately 2,000 bordereaux received from up to 50 different delegated underwriting entities.

HRP is an approved and regulated Lloyd’s syndicate acting as an intelligent follow consortia and quota-share partner to top performing Lloyd’s syndicates; allowing them to underwrite more business and provide capital backers access to syndicate participations not otherwise available third-party capital. HRP is backed predominantly by capital from Hampden Agencies, the largest members’ agent in Lloyd’s market.

David Sweet, chief commercial officer at VIPR, added: “Our intuitive mapping interface significantly reduces the time spent validating large volumes of risk, premium, and claims data. Our data analytics platform, VIPR Insights, will enable HRP to better understand the performance of their portfolio and help support future underwriting decisions.”