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Tego offers first product via BPA platform

Sydney underwriter Tego Insurance has launched healthcare entity malpractice cover via ChainThat’s Beyond Policy Administration platform.

Tego selected the BPA platform a year ago to modernise its operations through automation of core policy functions, streamlining of complex underwriting workflows, and better visibility across quoting, binding and servicing.

More liability products will be onboarded, in what Tego CEO Eric Lowenstein calls a “major step forward in how we support healthcare entities across Australia”.

“By digitising the policy life cycle, we’re delivering faster, more consistent experiences to our brokers and customers, and giving our team the tools to adapt, scale and innovate,” he said. “ChainThat’s BPA platform is enabling us to move faster, with greater control over products, pricing and service delivery.”

BPA offers automated rating, streamlined quote and bind processes, dynamic document generation and real-time reporting. 

ChainThat CEO Vikas Acharya said: “Tego’s healthcare specialism demands agility, and BPA is purpose-built to deliver just that – accelerating operations and empowering teams to respond quickly to a changing market.

“It’s fantastic to see Tego’s professional indemnity product go live on BPA.”

Tego, a Lloyd’s coverholder, has more than $50 million of gross written premium a year.

It provides tailored cover to medical practitioners, private hospitals, medical centres, day surgeries, aged care facilities, disability support providers, NDIS organisations and allied health services.