As well as having several of our valued clients as guests of RDT at the prestigious 2014 Insurance Times Technology Awards at the Bloomsbury Ballroom in London on the 25th of September, RDT also sponsored the “Innovative Use of Data” award. This was won by LV (beating other finalists Marsh Insurance Services and Aviva) and the picture shows Mark Bates, CEO of RDT, with LV. The picture also shows Saxon East of Insurance Times and Angela Lamont, the TV and radio presenter.
Doing business in the information age
On 7 October 2014, at London’s One Aldwych Hotel in Covent Garden, RDT and Celent jointly hosted a seminar to examine opportunities and goals for more efficient insurance in today’s information-rich digital world.
The event, attended by major insurers such as Zurich, Axa, Covea, RSA, LV, Markerstudy, Service, Direct Line and Sterling, focused on straight-through processing and the ground-breaking benefits of RDT’s insurer-hosted rating hub. (more…)
UK, Australia: LEADING insurance technology supplier RDT launches its new standalone rating solution today, allowing insurers to control the distribution of rates across all their sales channels.
With all the data and channels insurers are currently forced to manage, the time has come for a faster, cheaper and more sophisticated way to control the way that rates are handled. RDT’s new Rating Hub centralises and unifies insurers’ rates, distributing results to all channels instantly and simultaneously.
Third-party data enrichment is set to dramatically change the way risks are assessed. RDT’s Rating Hub accesses information feeds such as credit checks, claims history, telematics data and others, and uses them in real time to accurately price risk. Typically, it returns prices to the calling application – be it an aggregator site, a broker software house or an internal insurance system – in well under a second. (more…)