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Case Study - Synergy Insurance Service

Case Study - Synergy Insurance Service

Based in the City of London, Synergy Insurance Services UK Ltd is a completely new kind of insurance company which has developed a new concept in the commercial insurance market.
Synergy MicroCaptive™ is a product which offers the flexibility to medium-sized businesses for sharing the responsibility of losses or accidents: companies can bear the costs for small accidents or losses themselves (below the "Switch Point") and let Synergy protect them up to 40% more cheaply than normal insurance on the larger, more serious losses (above the "Switch Point"). Businesses that are well-run can normally make significant savings by ensuring that their small losses are minimised and are considerably less than the money they save on premiums over a period of time. Switch Points are normally between £20,000 and £50,000, and the higher they are, the more a company can potentially save. Synergy offers its MicroCaptive™ through a network of accredited brokers.
Synergy approached M4 Systems in 2006 for an accounting system that would be capable, flexible and scale with their ambitious growth aspirations. On this basis, the company chose Dynamics GP as an accounting solution in preference to a number of other software packages and M4 Systems as the partner to deliver this.


Customer centre

"M4 has provided us with an excellent service from day one. The successful completion of a second, very high profile project has only increased their credibility within the business..."
Natasha Towns
Business Applications Manager,
Logicalis UK

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