Case Study: Asta streamlines syndicate onboarding with Charles Taylor's Delegated Data Manager

Asta goes live in 6 months with Charles Taylor to onboard a new syndicate

Asta, a leading third-party managing agent, faced the challenge of onboarding a new syndicate whose business was heavily driven by coverholders. They needed a way to create a single source for delegated authority data to eliminate the inefficiency of handling multiple bordereau spreadsheets. Asta worked with vendor Charles Taylor InsureTech to implement its Delegated Data Manager, powered by Tide, to address this.

The solution from Charles Taylor provided a centralized platform for standardized bordereaux data. The implementation was completed within six months and resulted in significant operational time savings for the new syndicate. It provided greater data visibility through Asta’s Data Warehouse, reduced the cost of maintaining a policy administration system, and enabled more detailed reporting for improved portfolio management.

Asta