Case Studies

Scyllogis Consulting have been helping customers within the Insurance sector continue to achieve significantly higher levels of business performance from their data management programmes and information systems since 2001. Read how we have worked with some of these customers to achieve significant business results across the world, in our case studies.

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Consulting Expertise
Insurance organisations today are no more effective at delivering on large-scale data management initiatives than they were 10 years ago. In a recent survey, 70% of the companies said their data management initiatives did not deliver the expected results. That success rate was unchanged from similar surveys conducted in the 1990's. And the environment for data management is only getting more complex.....

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Our People
At Scyllogis Consulting all of our consultants have significant experience gained from within the Insurance market. Our people and our culture are our greatest assets. We only select people with relevant experience, intelligence, integrity, passion and the ambition to make a mark and deliver to our Customers the Scyllogis brand values of practical, results based consultancy. Our Consultants are pragmatic and open minded. That is why we deliver solutions that others dont.....  Read More
Glossary of Terms I

Insurance Contract

Determines what insurance coverage is in place and determines the legal framework under which the content of an insurance policy is enforced.

Insurance intermediary

A person through whom an insurance contract is effected. It may normally refers to an insurance broker and/or an agent of an insurer such as a coverholder.

Insurance policy

See policy.

Insured

A person who is insured under a contract of insurance. Where there is one insured this person may also be referred to as the policyholder.

Insured peril

A harmful event which is covered under a contract of insurance.

Insurer

A provider of insurance. If the insurance is underwritten at Lloyd’s the insurer(s) will be the members of one or more syndicates. If the insurance is not underwritten at Lloyd’s the insurer(s) will be one or more insurance companies. Some insurances may be underwritten by syndicates and insurance companies.

Integrated Lloyd's vehicle (ILV)

A company which owns a corporate member of a syndicate and the managing agent of that syndicate.

Intervening cause

An event that prevents a loss being attributable to another event by breaking the chain of causation. Compare proximate cause.

Investment income

That part of the income of an insurer or reinsurer that comes from the investment of premiums and reserves.

Inward reinsurance

Reinsurance that is assumed by a Lloyd’s syndicate or other carrier as distinct from outward reinsurance.



Last Updated ( Thursday, 17 November 2011 )
 
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