Paul Templar, chief executive of Vipr Solutions, reveals why his firm should win the Excellence in Technology - Service Provider accolade at the 2022 Insurance Times Awards
Explain briefly about your entry in the Excellence in Technology - Service Provider category.
We have established the leading software as a service technology for the delegated authority insurance market. Our 13-year-old brand has been tried and tested by some of the worlds leading insurance brands globally and we continue to grow into new markets.
The challenge in delegated authority is that companies are managing their user experience data, but once they have the data formalised, they don’t do anything with the insights to improve loss ratios, or make better underwriting and risk decisions.
This is what we are currently solving for clients, underwriters and risk managers.
What do you think makes your entry stand out or different from your competition?
We believe that there is no other brand in the market that offers what we can.
With our end-to-end, fully automated ecosystem and exclusive partnerships with Guidewire, Insurity and Whitespace - to name a few - we have extensively invested in our product development over the past 24 months to be known as the leader in the market.
What would winning this award mean to you and your firm?
Our company has the expertise and flexibility to service some of the smallest MGAs and brokers as well as some of the largest reinsurers in the world.
We truly would be delighted and honoured to receive this award.
Read: Insurance Times Awards 2022 - Excellence in Technology - Service Provider finalists revealed
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