Specialist Risk Group partners with Novidea

LONDON, 09 March 2020 – SRG, the fast-growing specialist insurance broker that owns Miles Smith, The Underwriting Exchange, Square Mile Broking, and David Codling and Associates, is pleased to announce that it has selected Novidea, with its cloud-based broker management
platform, as its strategic technology partner for the transformation of its London Market and Complex Risk platforms.

The innovative broker management platform will enable SRG to fully automate its London Market insurance lifecycle, consolidate its legacy systems, improve data-driven business decisions, and enhance customers’ experience. The platform leverages the Salesforce Cloud and artificial intelligence (AI) to drive digital transformation through a highly automated core insurance broking platform, powerful data analytics, and digital customer engagement tools.

SRG, with market leading organic growth and targeted specialty M&A, is incorporating the latest technology to align its broker management platform with its long-term vision of becoming the leading specialist risk insurance broker. The new technology will enable the growth and expansion of SRG’s broker and MGA portfolio, from on-boarding of newly acquired businesses, to post-merger integration, to business process standardisation and is leading the way to a new era in broking.