eReinsure
Serving insurers, reinsurers and brokers, eReinsure provides e-commerce technology to the insurance and reinsurance industries. The company provides a platform that networks many of the largest organizations in the global reinsurance market enabling its users to create and distribute submissions, negotiate terms, bind and store certificates. It provides information for reporting, analytics and decision support. Customizable workflow is also provided for intra-group reinsurances, fronting and automatic rating of reinsurance facilities. The platform can support regulatory requirements including Solvency II Pillars 2 and 3. eReinsure is based in Salt Lake City, Utah, with additional operations in New York and London.
| Name: |
eReinsure |
| Owner: |
Fortegra Financial |
| Since: |
1999 |
| Market focus: |
Global reinsurance market |
| Main type of business written: |
FAC reinsurance |
| Number of participants: |
16,000 |
| Classes of business: |
Reinsurance |
x |
| Property |
|
| Marine |
|
| Casualty |
|
| Energy |
|
| Aviation |
|
| Motor |
|
| Accident & Health |
|
| Takaful |
|
| Other |
|
| Website: |
http://www.ereinsure.com/ |
| Contact person: |
Mr Ian A. Waite, Managing Director
Mr Drew bolton, Product Manager - Europe |
| Contact details: |
+44-20-7327 3555
iwaite@ereinsure.com
dbolton@ereinsure.com |
Technology
| IT partner: |
The eReinsure Negotiation Platform is patented technology underpinning the market's largetst technology based reinsurance network. eReinsure develops custom solutions that interface with its core platform and supports integration with underwriting, document management and accounting systems using the ACORD XML standards. The eReinsure systems are operated in a SAS70 certified data center ensuring appropriate levels of security and 24/7 reliability. |
| Type of IT solution: |
J2EE ecommerce platform developed specifically for the requirements of networking global insurance companies, reinsurance companies and brokers. Standardized reinsurance workflow with connections for custom modules and integration through an enterprise services bus. Utilizes an Oracle database. |
| Functionalities: |
Market intelligence/development |
x |
| Negotiation/sourcing/placing business |
x |
| Binding |
x |
| Claims |
|
| A&S |
|
| Reporting |
x |
| Loss adjusting |
|
| Messaging |
|
| Affiliations/alliances/strategic partnerships: |
TBC |
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