RDT, market leading supplier of packaged insurance systems and rating engine software, is delighted to report a 36 per cent year-on-year growth in turnover as it celebrates two decades of trading.
The growth reflects increasing demand for Landscape, RDT’s functionally rich, user-friendly end-to-end packaged insurance administration solution. While other software providers have announced cuts in staff and the number of platforms they will support, RDT has increased its team by 30 per cent and has further expansion plans. The huge wealth of insurance market experience held by the RDT team is dedicated to supporting one platform common to all its customers – Landscape.
The last twelve months have seen RDT add a number of new clients to its customer base, including Select from Direct Line. Existing customers strengthened their partnerships with the company by implementing Landscape across a number of business lines, specifically incorporating commercial. In the same period RDT became international, with South Australian insurer and motoring organization RAA choosing Landscape to support its insurance business. And, maintaining its focus on innovation, RDT launched the first rating engine in the Cloud.
July’s Celent Report: Policy Administration Systems for General Insurers in Europe, gave RDT the highest possible rating for its “on time” and “on budget” delivery, with customers describing the company’s approach as “down to earth” and “no-nonsense”. The report also highlighted Landscape’s robust nature and scalability.
Mark Bates, CEO, said: “For insurers to be competitive IT must be simplified and business processes streamlined, freeing up staff to concentrate on delivering exceptional service.
“Multiple platforms are a thing of the past; our customers benefit from a common platform which receives regular upgrades. Our modern, user-friendly interface means staff are effective in days, not weeks, product launch times are collapsed and business process changes are effective in minutes rather than months. We have invested about 40 per cent of our product revenue in R&D in the last two years and we are committed to leading the way with intelligent innovation.”
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