Skip to main content

Reinsurance in EMEA - Where does it need to modernise?

Sponsored by ?

This resource was paid for by a contributing third party.

The majority of insurers have come to rely on reinsurance as a tool to help grow their businesses, contribute to their overall capacity and protect their balance sheets against unforeseen events. For that reason, the administration of this process is essential to leverage the benefits of reinsurance and ensure confidence in the business’s solvency.

Yet the systems that drive the reinsurance workflows and enable consistent, high-quality outcomes are often proving themselves to be antiquated and in need of investment and modernisation.

Tim Spencer, Duck Creek Reinsurance Management powered by XL, London Markets, UK, and Ireland, looks at the regional challenges that face insurers looking to reinsure some of their risk and the areas which are ripe for modernisation.

Access the article

Register for free access to hundreds of resources.

Already registered? Sign in here.

 

Your alert preferences

More related resources

The three invisible pricing decisions that erode your insurance portfolio

Most underperforming portfolios are not the result of bad pricing strategy. They are the result of good pricing strategy that lost precision between the committee room and the bind. This blog highlights three invisible pricing decisions that erode insurance portfolios and how they can be addressed.

Telephony data is your secret weapon against fraud

Fraudsters today switch easily between web, mobile apps and contact centres, exploiting whichever route offers the least resistance to make bogus policy applications and claims. This content highlights how real-time phone-number intelligence gives insurers a decisive edge in detecting fraud.

Pricing transformation in MGAs

A recent Insurance Post survey, conducted in association with Optalitix, explored insurance pricing transformation approaches across the market. This content sheds light on the implications for MGAs and the importance of balancing technological innovation with underwriting discipline.

You need to sign in to use this feature. If you don’t have an Insurance Post account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here