This could look like a suite of custom-built tools that automate and simplify tedious processes. Or augmenting your team with support from our reinsurance engineers. Every reinsurer faces different challenges. Our services bend and flex to suit you. So whether it's people, process, or products you need – we can build you a solution.
Get in touch with our reinsurance experts
A curiously different approach to solving reinsurance challenges (with tech).
We make your reinsurance business run better with the right technology and talent.
Our process.
Advise
We learn your business. Bring us a high-level business problem, and we'll work with you to find a tech solution. Or come with an opportunity – and we'll find a way to get you there using technology. Expect workshopping, interviews, and plenty of analysis from our reinsurance experts. We spot the most opportunistic areas for your business and target these first – so you get value out of our partnership, fast.
Design
Here, we turn ideas into plans. Initial conversations will form the basis of tasks and deliverables that our team can action and iterate on. Expect wireframes, architectural diagrams, and plans that are easy to visualise and get excited about.
Build
This isn't just about building the right software – it's also about building the right team. We match people to your plans, constructing cross-functional teams of reinsurance experts who turn designs into reality. We work speedily, delivering software and updates every two weeks. Never at the cost of quality, though.
Tech solutions led by humans
We're talented team builders. Our reinsurance engineers are specially selected for skills and expertise relevant to Advise, Design, and Build. They blend a healthy mix of industry know-how and technical ability. We use an iterative development process, which means you get regular software deliverables and plenty of time to feedback on them. It's like a conveyor belt of software that gets better every time
Learn more about our processWe understand the risks, challenges, and opportunities for reinsurers
How do I make human-led processes more resilient?
When a process depends on a specific team member, it's prone to human error and key person risk. Keeping processes mistake-free is essential, and so is timely and accurate reporting. Assigning humans repetitive admin tasks keeps them away from value-adding work.
What competitive advantages can I use to win and manage more books?
An increasing number of reinsurers are competing for the same books and talent. Resourcing and opportunities are constricted – so your business needs to differentiate from other reinsurers to stand out.
How do I scale the business without scaling the team?
Onboarding new books often means onboarding new team members – because processes aren't standardised or scalable. Individuals should be augmented with better tools and technologies to handle new books. Instead, accommodating new books means hiring more people.
One solution to address three key areas for reinsurers: a reinsurance ecosystem
Definition: reinsurance ecosystem
A reinsurance ecosystem is a collection of systems, tools, processes, and subject matter experts that work together to run your business. Data flows through a reinsurance ecosystem, meaning everyone can draw from a reliable source and use information effectively.
Every reinsurance ecosystem looks different to reflect the workload, processes, and opportunities for your business. Your reinsurance ecosystem could include things like custom web applications that automate repetitive admin tasks for you. Or business intelligence platforms that equip your people with insights, reports, and visualisation to make better decisions. Or data that's already analysed and translated for you, so your people can use it (without needing a computer science degree).
Once your reinsurance ecosystem is up and running, we can add more functionality with novel technologies such as artificial intelligence (AI), machine learning (ML), and blockchain. We won't try to sell you on buzzwords – we only recommend novel technologies where there's a genuine business case for them.
How reinsurance ecosystems improve the efficiency, accuracy, and quality of your work.
The benefits of a reinsurance ecosystem extend across your entire business and scope of work:
Centralisation: people, processes, and technologies are connected in a central place. No more tracking down information across disconnected systems.
Single source of truth: every process connected in the ecosystem draws from the same data. Changes to the single source of data are easily tracked.
Codified processes: core processes are written in code to reduce key person risk and the chance of human error. These tasks become scalable, repeatable, and less dependent on human input.
Targeted automation: repetitive processes are simplified and automated, so your people can spend more time on high-value work and less time burdened with admin.
Strengthened human skills: subject matter experts are equipped with tools and knowledge to use data effectively across the business. They can make better decisions, faster.
