Tego selects ChainThat’s Beyond Policy Administration platform to streamline its operations

Sydney, AUSTRALIA – 17 June 2024 – Tego, an Australian specialist healthcare underwriting agency renowned for providing entity medical malpractice and indemnity insurance, has selected ChainThat’s Beyond Policy Administration (BPA) platform to strengthen its underwriting process.

The BPA platform offers a comprehensive and innovative solution designed to enhance and streamline policy administration processes. By integrating BPA into its operations, Tego aims to modernise its underwriting and improve efficiency, accuracy and customer satisfaction, further solidifying its position as a trusted provider in the healthcare indemnity insurance sector.

Tego, a Lloyd’s coverholder, has just achieved a significant milestone, surpassing $40 million in annual premiums across its diverse suite of products.

Tego CEO Eric Lowenstein said: “With Tego’s operational needs expanding, we sought a partner capable of future proofing the business and supporting continued growth in the market. We are excited to partner with ChainThat and integrate its BPA platform into our operations.

“This strategic move aligns with our goal to continuously improve our service offerings and operational efficiency. We are confident the BPA platform will provide significant benefits to our policyholders and our team.”

ChainThat’s BPA platform is renowned for its robust features, including automated workflows, real-time data processing, and seamless integration capabilities. Those features are expected to drive operational excellence for Tego, reducing administrative burdens and enabling the underwriting agency to focus more on core business functions and client relationships.

ChainThat CEO Vikas Acharya said: “We are thrilled that Tego has chosen our BPA platform to support its underwriting process. Our platform is designed to support Lloyd’s coverholder needs with unparalleled efficiency and scalability.

“We are committed to strengthening Tego’s insurtech capability, enabling the agency to provide superior insurance services to medical professionals across Australia.

“The partnership marks a significant milestone for both companies, as Tego takes a decisive step towards digital transformation and ChainThat expands its footprint in the Australian insurance market, where we are witnessing significant inbound interest and experiencing remarkable traction,” Mr Acharya said.

About Tego

Tego is a specialist medical malpractice underwriter, committed to providing comprehensive insurance solutions tailored to the healthcare sector’s unique requirements. Focused on delivering exceptional service and support, Tego ensures its policyholders have the protection they need to operate with confidence. Nimble in its approach and innovative in its thinking, Tego’s specialist healthcare knowledge enables the agency to provide enhanced solutions that help customers navigate emerging risks in the healthcare sector. Tego covers a wide range of medical specialists and healthcare organisations, including private hospitals, specialist suites, medical practices, residential aged care facilities and complex care providers. The product suite includes medical indemnity insurance for doctors, and malpractice and public liability insurance for healthcare organisations. For more information, visit Tego’s website: tego.com.au.

About ChainThat

ChainThat, a London-based insurtech, provides innovative SaaS-based insurance technology products and platforms that enable brokers, carriers and underwriting agencies/MGAs to realise the full potential of their businesses. For more information, visit www.chainthat.com. For more information on the BPA platform, visit Beyond Policy Administration (BPA) — ChainThat.

Released by: Kate Tilley, Kate Tilley Journalism Pty Ltd P: +61 (0)7 3831 7500
E: ktj@ktjournalism.com
Release date: 17 June 2024