The Aurelius System

At the forefront of Insurtech, The Aurelius System was developed based on industry best practices, leading software development methodologies, and cutting edge technologies. Built to scale both vertically and horizontally, The Aurelius System is designed to satisfy and adapt to the rapid growth requirements of the insurance industry.

Powered by The Aurelius System, leader in Insurtech sportsinsurance.com and sportunderwriters.com changed the way insurance is transacted and bound by individuals and brokers/agents in the specialty line that is sports and special event insurance.

Benefits of The Aurelius System

  • Better Underwriting 

  • Better Risk Management

  • Better Pricing 

  • Better Coverage 

  • Better Service

  • More Volume of Business
  • Fewer Claims

  • Increased Productivity

  • Profitable Growth

Characteristics of The Aurelius System

  • Usability
  • Reliability
  • Adaptability
  • Scalability
  • Accuracy
  • Maintainability
  • Traceability
  • Reusability
  • Readability
  • Testability
  • Integrity
  • Security

Technology & Tools of the Aurelius System

  • Microsoft .net web based platform 

  • Cloud based

  • Open and closed API – designed for external communication

  • Business intelligence (Power BI and Microsoft reports)

  • Innovative rating system
  • Innovative automated documentation service
  • Process supported by Azure DevOps

  • Internal ticketing system 

  • Automated emailing system

Software Pay-offs of the Aurelius System

  • Ability to import/export data to external systems, i.e. accounting systems (Quickbooks etc.)
  • Business intelligence
  • Key Performance Indicators (KPIs)
  • Comprehensive dynamic applications
  • Automated underwriting rating matrix
  • Realtime quoting and binding abilities
  • End to end insurance cycle (zero rep intervention)
  • Actioning available on files post bind
  • Real time data
  • Simplified and expedited product roll outs
  • Strong task/job scheduler – automated renewals, follow-up mechanisms, etc.
  • Online payment (third party provider supporting credit card and ACH payments)
  • Regulatory sanity check – quality assurance governing data
  • Real time reporting function (bordereaus, financial reports, etc.)
  • Self service software – agents are able to manage their business through their portal

Technology + Business Logic + Customer Journey = Industry Driven Innovation

True innovation in insurance delivery is possible only in combination with the realities and rigours of the client/broker journey. The Aurelius System was built from the inside out, with brokers/agents working in tandem with an in-house team of software engineers to ensure that the complex business logic and refined processes of the insurance industry were captured and implemented.

In the end, it took a special alchemy of technology, business logic, and a deep well of insurance experience to bring the Insurtech innovation that is The Aurelius System to life.

SportsInsurance & SportUnderwriters

The Aurelius System in application:

SportsInsurance
Servicing the direct to consumer sector since 2000

SportUnderwriters
Servicing the brokerage/MGA sector since 2008

*The Aurelius System allowed both properties uninterrupted continuation of facilitated insurance offerings throughout the pandemic, including for example virtual online coverage for sports instruction, equipment and facilities, and property coverages.

“The impediment to action advances action. What stands in the way becomes the way.”

– Marcus Aurelius