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Insurance Day Publishes DOCOsoft Article: Write Back to the Future of London Market Transformation

14 January 2016

Leading London market publication Insurance Day published an article written By Graham Sheppard, Business Development Manager, DOCOsoft at the start of 2016. The article looked back at Write Back’s achievements in 2016 and anticipates what can be expected from the initiative this year.

In the article, Graham writes: “2015 was not only the 30th anniversary of the Back to the Future franchise, but also the year in which Back to the Future II was set. The film predicted a number of new technologies such as hover boards, smart watches and robotic waiters – some of which have actually come to pass – but the science fiction adventure didn’t quite anticipate the launch of London market claims initiative ECF2 Write Back!”

“Yes it was last year in 2015 that claims transformation took place across the London market. When Validus subsidiary Talbot and Faraday became the first managing agents to go live with Write Back across all of their lines, bureau and company, in November 2015. It really was a landmark month in the history of London market claims adjusting.”

“In my opinion the insurance sector is experiencing a technological renaissance. For evidence of this, one need look no further than the market’s pioneering work on the Write Back initiative.  Today’s soft insurance market conditions are also a driver that is focusing carriers to seek ways to make the most of the capital they deploy in a bid to achieve maximum return on investment.”

Click here to read the full article.

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