Founded in 1820, Tysers is a leading independent international Lloyd’s broker, based at the heart of the world’s premier insurance market in London. Tysers employs some 260 people; handles over $800 million of annual premiums and works with leading insurance markets worldwide to deliver risk solutions to a global client base.
Tysers has selected Xactium to migrate its operational risk management function from spreadsheets to a highly configurable system allowing managers to input data, access dashboards and live reports.
Ian Witt, Risk and Compliance Director, says: “Xactium is the perfect choice for Tysers. It will allow us to move what was a largely, labour intensive manual Risk Programme to a fully automated solution which is user friendly and permits greater communication and collaboration on the risks facing the firm.”
Andy Evans, Managing Director, Xactium adds: “I’d like to welcome Tysers as another significant addition to our Lloyds Broker client list and I am very much looking forward to working with them. I am pleased to see that the flexibility, ease of use and speed of deployment of Xactium risk management are proving to be increasingly popular within our growing portfolio of financial services clients.”
Xactium is a cloud based Risk Management software vendor that is changing the way that Financial Services organisations evaluate and manage their risk.
Our flexible and collaborative platform ensures that organisations such the FCA, Direct Line Group, JLT and Homeserve can stay up to date and respond rapidly to both business and regulatory change.
Our advanced reporting capability provides a centralised, real-time view of all your risks, controls, actions and incidents. Flexible analytics and workflow tools enable timely and accurate information for decision making and rapid response to escalating issues and risks.