Brightside has partnered with RDT, creators of some of the UK’s most widely used insurance software and leaders in the field of insurtech, to bring its new MGA, Kitsune, to market on receipt of regulatory approval.
Kitsune, which is part of Brightside Group, will operate on RDT’s Atlas platform, giving the MGA huge flexibility, rapid access to new markets, low cost of entry and complete control over its products. Atlas will equip Kitsune to outperform the competition and demonstrates Brightside’s commitment to innovation and investment in market leading technology.
The end-to-end component based platform, which can be deployed in the cloud or hosted in-house, will enable the MGA to make real time changes and continually enhance its proposition to take swift advantage of business opportunities. Leading edge data management and reporting capabilities will inform business decision making, while the orchestration of data from multiple external sources will advance underwriting capabilities and fraud prevention. Kitsune will be using RDT’s cloud-based managed service, which is highly scalable to accommodate future growth.
Kitsune’s Managing Director Trevor Bowers said: “RDT put together a compelling proposition to develop our rating hub, policy administration system and data warehouse, which provides Kitsune with a fully integrated platform capable of supporting our business in an agile and flexible way.
“We have already started working with the RDT team to build the capability we require to succeed. The announcement of our partnership with RDT is a key milestone for Kitsune, and our work on the new MGA is progressing well as we build towards our launch later this year.”
The Atlas suite of services is comprised of RDT’s general insurance solution Landscape, its insurer hosted rating platform Equator, the web and smart phone app services Panorama, and data management and reporting service Horizon. Businesses have the option to make use of the entire suite or take on individual elements.
RDT’s CEO Mark Bates said: “Atlas is our latest offering and as an overarching platform incorporates our entire suite of products. We are delighted that Brightside recognises the competitive advantage it can deliver. Partnering with such an innovative organisation gives us the opportunity to continue to break new ground for the insurance industry and we look forward to supporting Kitsune in exceeding its GWP targets.”