Reinsurance broker Ed has announced that Ascot Bermuda has joined its etrading platform TradEd.
The portal was launched in April last year and enables its carriers to view submissions and associated risk details, as well as make queries, see material information updates in real time and edit deal documents online.
Chris Bonard, CEO of Ed Bermuda, said: “It’s fantastic to welcome Ascot Bermuda to the platform and we look forward to continuing to work closely with them. We are extremely pleased with the enthusiastic reaction of clients to TradEd.
“It has been growing steadily since its external launch and we continue to make great strides in its development, fundamentally changing the way we and our clients think about placing risk.”
Ian Thompson, CEO Ascot Bermuda, added: “Ed are one of our key trading partners here in Bermuda and we’re pleased to deepen this relationship with the use of technology as we both grow our Bermudian operations in a thoughtful manner.
“Our underwriters look forward to continuing the close relationship we have with Chris, and the Ed team, as we work to enhance our insurance offering and client value.”