Lloyd’s SmartForms Project

Exari has developed templates to support Lloyd’s SmartForms initiative

Lloyd's Smartforms ProjectThe project has been established to show the global insurance market how complex insurance documents can be created efficiently and accurately from Exari’s web-based questionnaires.

Our template “assembles” a London Market Reform Contract (MRC) for North American Property business. A by-product of using Exari to create these documents is that risk data can be captured without any additional effort and can, in turn, be passed to underwriters for upload to their existing systems.

Our partners, Tier2, have integrated Exari into the controlling application they developed that ensures secure access and a structured means of initiating the questionnaires and storage of the finished documents.

The project is an example of the type of work Exari does in the insurance and reinsurance space for Brokers and Underwriters. We are used to create Applications, Quotes, MRC’s, Fully Claused Policies and Endorsements in both the London Market and the US. We are able to handle both the generation of Word documents and the completion of PDF files such as Acord Forms.

Oliver Furner at Lloyd’s comments:

“We are excited by the work Exari has done within the SmartForms project. It is a clear example that complex insurance documents can be created in a structured way with built-in compliance rules while making the process easy and intuitive for users.”

Since the launch of the initiative, it has inspired enquiries from both major brokers in the UK and US agencies who have seen how Exari makes it easy for submission data to be captured and how answers can be re-used to create the next document in a series.

If you have any questions regarding the SmartForms project or want to find out more about the work Exari is doing in the insurance space, please contact martin.kett@exari.com.

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