Here is the latest news from Powersoft.
In 2020 Klapton approached Powersoft about a bespoke Insurance/Reinsurance system. They needed to streamline their processing of policies and in particular mange the postings within their Sage Accounts. Mr Bygrave said that Powersoft had been selected after a rigorous search process and stood out primarily due to their collaborative approach to the implementation.
The Klapton CFO, Rob Bygrave, who led the project (alongside Klapton’s CTO, Justin Tuson) said that the implementation of the system was vital to support the continued growth in both the size and complexity of Klapton’s business. He further added that the system would provide significant benefits in terms of increased automation of processes and would be a powerful tool in analysing and interpreting our business, particularly in trend analysis, credit control, reinsurance reporting and rating agency statistical analysis.
Colin Eley who managed the project from the Powersoft side said ‘The key to the success of this type of project is in building the relationship with the client at the outset in order to gain a clear understanding of the requirements.