GLOBAL XB solution creates an infrastructure to allow Latitude to manage clients, premiums, claims, IBA and compliance.

LONDON, 04 August 2015- Specialist insurance software provider, Total Objects, has been chosen by Latitude Brokers, the insurance brokers specialising in the shipping, offshore and supply chain industries across Asia, to help create a robust and technologically advanced infrastructure to manage clients, premiums, claims, IBA and compliance around an integrated system.

  • Latitude went live with a fully implemented GLOBAL XB system in six weeks.
  • Latitude’s previous system was cost prohibitive so a manual migration was completed over a weekend with assistance on-site.
  • Latitude required the ability to run separate trial balances for their two divisions – GLOBAL XB gives Latitude the ability to report correctly to the regulators.

Andrew Brooker, Director at Latitude Brokers, comments:

‘’Having worked with Total Objects for many years, we knew they understood the way that we transact business in the Asian Insurance Market.  As retail brokers, each client will often have different requirements and the GLOBAL XB platform provides us with the flexibility to meet those conditions.

‘’We had a short timeframe for implementation and Total Objects was able to deliver that from both London and during time in Hong Kong. We had everything in place within two weeks, which enabled the whole process from order to ‘go-live’ to go through in just six weeks.

‘’The decision to select Total Objects was made because of their expert support team and our confidence in the system doing exactly what we need it to do.  We find Total Objects’ approach to problem solving to be excellent and in-turn this has saved us a huge amount of time and expense.  The GLOBAL XB system was a significant investment for us, but one that was essential to make and because of the expertise of the support team and capability of the product, I wasn’t at all nervous about the outcome. In so far as our clients are concerned, GLOBAL XB substantially reduces turnaround times for everything from simple endorsements to complex multi-party bespoke documentation being issued”.

Steve Kidwell, Business Support Manager at Total Objects comments: “For Latitude, the decision to use GLOBAL XB as their broking system was quite simple. Three of the four founding partners had used the software at a previous company, over a number of years. During that time they become familiar with the functionality and capability of the software as well as the expertise of the Total Objects support team. They understood that the software would be able to cater for their reporting requirements such as a consolidated Trial Balance for the database, but also on divisional basis – this was a requirement for certain regulatory reporting.  We were delighted that Latitude was able to go live in Hong Kong within six weeks of the order being placed, and this included back loading of six months’ worth of data’’.