GLOBAL XB is already being used by 20 insurance broking clients within the London Market.

With over twice the functionality of any other comparable packaged broker system it covers every aspect of the broking process, from obtaining the business (enquiries, quotes, premiums, adjustments, placement, renewals) through to accounting and settlement (claims, billing and collections, LMP, ECF, CLASS, LORS, A&S and BSM).

Built entirely on Microsoft technology with VB.NET and SQL 2005, it integrates applications that many brokers consider essential to compete efficiently in today’s market such as Document Management, Workflow, Task Management, Business Intelligence, MS-Office, Outlook, SharePoint Portal Server – applications that without GLOBAL XB they would have to buy as stand alone.

The latest version of the product incorporates many features that enable each broker to preserve its uniqueness – the skills and relationships of their people and the ‘Intellectual Property Knowledge’ of the way they work embedded in their processes – using ACORD and XML standards we deliver a messaging platform enabling full collaboration with the Market Reform initiatives such as ECF, A&S, CLASS and LORS as well as full access to Peer to Peer connectivity. In addition our new Business Intelligence module GLOBAL XBI gives each client a customisable, instant view of the statistics and management information needed to compete and grow in an increasingly competitive environment.