Xactium News

Risk Management Industry News for FCA Regulated Businesses

THB adopts Xactium Enterprise Risk through the Trial to Buy programme

Posted by Sarah Spencer on Fri, Dec 21, 2018 in customers, trial to buy

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Celebrating 50 years as a specialist international (re)insurance broker, THB Group has 700 employees and has a widespread presence internationally with offices in South America, Europe and Asia.

As an established group offering specialist insurance broking services it became apparent that leveraging a modern, agile tool to capture and report on risk would drive strong benefit.

THB used Xactium’s innovative “trial to buy” programme which enabled them, with help from the Xactium support team, to self-configure their solution in the trial system and switch it over to live when they were ready.

By using Xactium, THB will have access to easy-to-adapt dashboards and a powerful reporting capability helping to maintain real-time oversight of the efficiency of their risk process.  Not only will the accuracy of reporting be improved, THB will save significant time by eliminating the need to manually manipulate risk data from spreadsheets for reporting purposes.

David Smith, Chief Risk Officer of THB comments:

“Xactium were the clear choice for us to centralise our risk information. Their tool is simple to use, captures all the information we need and has a very modern user interface. We look forward to working with Xactium and sharing insight with other customers”.

Andy Evans, Xactium Manager Director adds:

“We are extremely pleased to be working with THB to enhance their risk management processes and by doing so, expand our Lloyd’s broking customer base.  Xactium will provide THB with a flexible and highly scalable platform that will grow with them as the group continues to expand.”

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