Reinsurance News

African re/insurer Klapton adopts software from Eurobase

5th July 2019 - Author: Matt Sheehan

Eurobase International Group, an international software and service provider to financial institutions, has announced that Klapton has selected its Synergy2 platform to support its operations.

insurtechKlapton, a re/insurer registered in the Autonomous Island of Anjouan, Union of Comoros, said it identified Synergy2 as the best solution to support its operational efficiency and reinsurance processing requirements.

Eurobase has over 30 years’ experience in the re/insurance industry and believes that it will be able to provide “tangible gains” in terms of efficiency for Klapton.

“We are delighted to welcome Klapton into our growing community of reinsurers who have chosen Eurobase as their trusted strategic partner and the synergy2 platform,” said Joe Locke, Chief Executive Officer (CEO) of Eurobase Insurance Solutions.

“We look forward to working with Klapton and supporting them in achieving their strategic goals,” he added.

Liberty Mutual Reinsurance

Justin Tuson, CTO of Klapton, also commented: “Eurobase was chosen after an exhaustive due diligence process, during which we considered several leading market providers.”

“We selected the Synergy2 platform as we feel it is the one which can meet our needs for an end-to-end process, from risk evaluation and acceptance through to accounting and reporting,” he explained.

“We look forward to developing a long term relationship with the Eurobase team and a successful implementation process and beyond.”

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