1 year anniversary: What happened?


As we come to the end of our first year, we have been reflecting on some of our highlights and achievements. For Amarillo Technologies it was an exciting year that exceeded all of our expectations.

 

Bigger and Better.

In August 2021, Amarillo Technologies was acquired by r10. This expanded our capability and scope considerably as we can now offer support services for our technology and have gained some precious insight from all their experience and expertise in the London insurance market.

Also, in August, we joined the MGAA and have enjoyed seeing the benefits of being part of this community

Just when we thought it couldn’t get any better, in September, we joined the r10 Partner Ecosystem along with some other really successful, innovative and forward-thinking companies. This has even further expanded our capability and together we can offer streamlined end-to-end solutions to MGA’s, brokers and carriers.

 

Fusion Logo

We joined Amarillo Technologies to build a connection tool that would assist with data flow between delegated authority parties. This tool would be easy to use and require minimal manual effort. A tool that would be API enabled both inward and outward but could also ingest spreadsheets. It was also important that we aimed this tool further upstream in the DA process and made it easy to consume for MGA’s to avoid the need for amendments by insurers further downstream. Data validation, data consistency, data flow and reporting were also part of the plan. How did we do? We achieved our goal, Fusion has all this capability and more, and we couldn’t be more proud of what we have achieved.

 

Looking forward to our second year.

New challenges are ahead. We will be onboarding our first customers and continuing to develop Fusion in line with our strategic roadmap. In addition, there are a number of exciting projects we are part of that will continue to get our focus and dedication this year. Future at Lloyd’s, Blueprint 2 and, of course, the ongoing day-to-day challenges of DA will all also have an impact on how we move throughout year two. We will continue to work with the partners in the ecosystem to deliver integrated, innovative and beneficial solutions to the London market and beyond. What we do know is that if year two is even half as good as year one has been, then there is a lot to look forward to.