VIPR Solutions (VIPR), a provider of Delegated Authority technology, has bolstered its position within the UK Lloyd’s Market through multi-year contracts with three prominent insurance brands.
The agreements, signed with leading Lloyd’s syndicates, collectively represent insurers that manage billions in Gross Written Premiums (GWP) annually.
VIPR’s technology will oversee an estimated £10bn in delegated authority premiums, cementing its role as a trusted provider in the world’s most prominent insurance hub.
Its platforms, including VIPR Intrali, Insights, Portal, Intarga, and Data Cloud, are designed to automate bordereaux management, enhance reporting accuracy, and provide actionable insights. Hosted on VIPR’s cloud infrastructure, these tools empower insurers to make near real-time, data-driven decisions and optimise their delegated authority portfolios.
The new funding from these contracts will be channelled into further enhancing VIPR’s technology platforms and expanding its global reach.
The company aims to continue providing solutions that reduce manual effort, improve efficiency, and deliver validated insights to insurers, brokers, and MGAs worldwide.
Paul Templar, Co-Founder and CEO of VIPR, commented: “The Lloyd’s Market sets global standards for the specialty insurance sector, and we are honoured to work alongside such prestigious brands that are driving its continued success. These partnerships reflect the trust in technology to streamline data processes, enhance efficiency, and deliver actionable insights. By working together, we are helping to build a smarter, more connected Delegated Authority ecosystem.”
VIPR’s ongoing success underscores the growing adoption of advanced technology within the insurance sector. The company remains committed to modernising operations within the UK Lloyd’s Market, which continues to set benchmarks for delegated authority excellence globally.
Templar added: “VIPR’s continued success within Lloyd’s Market highlights the growing acceptance and adoption of advanced technology solutions to modernise and improve Delegated Authority Data Management.”