Northdoor rolls out NdexInsure for Torus

Northdoor has implemented its NdexInsure solution for speciality insurer Torus. The company has deployed a number of key modules including policy administration, claims management, outward reinsurance and a datawarehouse. It also migrated all Torus’ historical data to the new platform within a six month period.

Northdoor was appointed by Torus in August 2012 following its acquisition of London-based Lloyd’s Syndicate 1301 because it needed a flexible and open IT solution that worked alongside its existing technology infrastructure. With Northdoor’s shared IP model, Torus was able to retain full control over the current and future developments of the solution.

Jon-Paul Andrews, chief information officer, Torus International, says: “We are delighted that the NdexInsure solution is now implemented and live. We now have a system that meets our business requirements, with the ability to have flexibility and control over the system going forward, through the use of Northdoor’s shared IP model. After the successful work with Northdoor, the NdexInsure system has helped us to achieve an important milestone for Torus, as we have now been approved to become a Lloyd’s Managing Agency.”

    Share Story:

Recent Stories


Creating value together: Strategic partnerships in the age of GCCs
As Global Capability Centres reshape the financial services landscape, one question stands out: how do leading banks balance in-house innovation with strategic partnerships to drive real transformation?

Data trust in the AI era: Building customer confidence through responsible banking
In the second episode of FStech’s three-part video podcast series sponsored by HCLTech, Sudip Lahiri, Executive Vice President & Head of Financial Services for Europe & UKI at HCLTech examines the critical relationship between data trust, transparency, and responsible AI implementation in financial services.

Banking's GenAI evolution: Beyond the hype, building the future
In the first episode of a three-part video podcast series sponsored by HCLTech, Sudip Lahiri, Executive Vice President & Head of Financial Services for Europe & UKI at HCLTech explores how financial institutions can navigate the transformative potential of Generative AI while building lasting foundations for innovation.

Beyond compliance: Building unshakeable operational resilience in financial services
In today's rapidly evolving financial landscape, operational resilience has become a critical focus for institutions worldwide. As regulatory requirements grow more complex and cyber threats, particularly ransomware, become increasingly sophisticated, financial services providers must adapt and strengthen their defences. The intersection of compliance, technology, and security presents both challenges and opportunities.