Nexus go live with RiskWrite Acord Messaging for their Aviation and Space division

November 24, 2020

In October 2020 Nexus went live with the latest release of RiskWrite including an automated interface to receive and process signing, settlement and claims messages from the London Market in Acord format.

The release also includes functionality to allow risks to be split across available binder capacity on a predefined stamp or fully dynamic basis, with details flowing through to bordereaux production and RiskWrite Analytics.

Commenting on the go live, Steve White, Nexus Director of Group IT, stated ‘Nexus now have a platform with Bureau messaging that gives us a clear competitive advantage over any newcomers to the market. Combining this with the stamp functionality that was added as part of the project and our ability to analyse this data via RiskWrite Analytics allows the Aviation team to move up a level in terms of their ability to control and understand their data.’