Customer Success

Admiral Yacht Insurance

Improve company performance through automation

  • Admiral Yacht Insurance Logo

    Headquarters: Wiltshire
    Employees: 8+
    Offices: 1

  • 1991


    Founded

  • 3


    Years as an Applied customer

The time-consuming and risky challenges of manual reporting

Admiral Yacht Insurance wanted to streamline data management and reporting processes, allowing staff to focus on growing the customer base. “At the time, we were rekeying information and conducting duplicative tasks, which lowered staff efficiency,” said Robert Holbrook, managing director, Admiral Yacht Insurance. “Without access to certain types of data, reporting had become increasingly manual, requiring our staff to spend weeks pulling information from multiple sources.” The broker required a management system to automate and standardise business operations, whilst also providing powerful reporting capabilities in a single application.

We’ve reassigned staff from business support to revenue generating underwriting roles after upgrading Applied TAM. Not only have we improved our operations, we’ve increased our bottom line.

Robert Holbrook

Managing Director

A single management system to manage the entire business

Management at Admiral Yacht Insurance decided to utilise Applied TAM, the industry’s pioneering broker management system, to manage their entire business. Applied TAM automates daily operational processes, management of client policy information and connectivity with insurers. Staff can now focus additional time on servicing clients and securing new business.

Explore Software Leveraged

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    Applied TAM

    Manage day-to-day business operations with maximum productivity.

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    Applied Cloud

    Rely on the only cloud purpose-built for the insurance industry.

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Automated reporting: Eliminating time from weeks to seconds

Since upgrading to Applied TAM, Admiral Yacht Insurance has eliminated redundancy and automated repetitive data entry processes, increasing staff productivity. Applied TAM enables management and staff to access information more quickly and efficiently. Production of loss ratio reports has been one of the greatest productivity gains, reducing processes that used to take weeks to just a matter of seconds. “Production of loss ratios used to take upwards of 100 steps spread over several weeks due to the manual nature of the task,” said Holbrook. “It now takes 10 seconds.”

With Applied TAM SQL Reporting, Admiral Yacht Insurance can more easily review and confirm the integrity of its data, reducing errors and omissions. With better data insight, Admiral Yacht Insurance makes more informed business decisions to improve company performance. The ability to complete actions and reporting in a couple clicks of the button has been instrumental in improving business operations. “We’ve reassigned staff from business support to revenue generating underwriting roles after upgrading Applied TAM,” said Holbrook. “Not only have we improved our operations, we’ve increased our bottom line.” With Applied, Admiral Yacht Insurance collectively utilises technology to more efficiently manage the business, improving employee productivity and ultimately morale by providing solutions that automate basic tasks.

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