HDI Migrates Regulatory Reporting to the Cloud
June 23 (Toronto) – Hubio Technology (Hubio), a cloud-based tech solutions hub for Property and Casualty (P&C) insurers, is pleased to announce that the Canadian Branch of HDI Specialty SE has upgraded from an on-prem install of regul8 to the latest version of regul8 v10 SaaS hosted on Hubio Cloud. Regul8 v10 is Hubio’s industry-leading cloud-native regulatory statistical reporting solution, which supports an insurance company’s critical business requirement of managing the necessary data interactions with its regulatory bodies, such as the General Insurance Statistical Agency (GISA).
“HDI’s entire statistical regulatory reporting system, including historical data, was migrated to Hubio Cloud before being decommissioned,” said Philip Henville, CEO, Hubio. “Now this SaaS solution will minimize HDI Specialty’s IT costs and enable more user self-service, while being fully hosted in Canada.”
Derek Spafford, General Manager & Chief Agent at HDI, commented, “Cost predictability and peace of mind are the reasons we decided to make the move to regul8 v10. Our staff find the new Dashboard and UI highly informative and intuitive.”
About Hubio Technology
Hubio provides a cloud-based tech solutions hub for Property and Casualty (P&C) insurers. We help you seamlessly integrate with agents, brokers, policy holders, underwriters, and regulators. In real time. regul8 is Hubio’s Software-as-a-Service (SaaS) regulatory reporting platform designed for P&C insurers so they can confidently submit quality data to regulatory agencies and avoid unnecessary deficiency fees. Hubio has provided solutions to Canadian Property and Casualty insurers for over two decades. Please connect with us on LinkedIn or Twitter.
For more information contact David.Barber@hubio.com.
About HDI Global Specialty
HDI Global Specialty SE is a specialty lines insurer. It is a wholly owned subsidiary of HDI Global SE, which is part of the Talanx Group. HDI Global Specialty’s focus is on writing agency and specialty insurance business. With operations in 9 locations worldwide and access to a global network of more than 150 countries through the HDI Global SE network. HDI Global Specialty also enjoys the same financial strength as HDI Global SE.