Axiom launch broker buisness service

Axiom has launched Axiom Brokers Services (ABSL). The new business division, led by Michael Campbell has been created to provide a suite of back office outsourcing and in-sourcing solutions for Lloyd’s brokers.

ABSL said the service will deliver all the services traditionally provided by a broker’s back office, including insurance process management, technical processing, broking, accounting and reinsurance asset management for both live and run off business.

Axiom added that its ethos will be to provide solutions to brokers’ back office issues rather than simply offering an inflexible menu of services. Clients can utilise as many or as few of ABSL’s back office services as they require and each can be

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Applied updates on commercial push

Applied Systems has confirmed Arch Insurance is about to enter the pilot phase of onboarding and will be live on the Applied Epic broker management system in April, with Iprism and Ark to follow and more promised in 2024.

GIC completes Miller deal

Institutional investor GIC has completed the takeover of Miller, buying out previous co-investor private equity house Cinven.

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