Reinsurance News

Farm Mutual Re goes live with Eurobase’s Synergy2 Reinsurance platform

2nd February 2023 - Author: Jack Willard

Farm Mutual Re, a Canadian-owned reinsurer, has gone live with Eurobase’s Synergy2 Reinsurance Platform.

Eurobase’s broad range of experience and commitment to significant, ongoing product investment were key factors in Farm Mutual Re’s vendor selection.

Synergy2 is a leading released-based platform for reinsurance companies, enabling strategic growth in the digital age.

Following this partnership, Synergy2 is now Farm Mutual Re’s core reinsurance application, providing a processing platform across their operations and delivering data across underwriting and claims.

Commenting on the partnership with Eurobase, Jean-Pierre Gagnon, President and CEO of Farm Mutual Re, said: “Modernization of our system technology is key to Farm Mutual Re’s future strategic success. In partnering with Eurobase and implementing Synergy2, we have gained significant operational efficiencies and enhanced our decision-making process. We are confident that this investment will provide a strong return in the long term and we look forward to the positive impact it will have on our members and partners.”

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Joe Locke, CEO of Eurobase Insurance Solutions, added: “We are delighted to welcome Farm Mutual Re into our growing community of reinsurers. The team has really enjoyed the collaboration with Farm Mutual Re and we are all looking forward to a long-term and strategic partnership that will facilitate the growth of their reinsurance business.”

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