Sequel has announced the launch of a resource platform, Sequel Re Portal for reinsurance professionals. The tool will showcase the latest version of Sequel Re, a tool for management of all aspects of outwards reinsurance operations.
In addition, the portal will include roundtable Q&A’s with market professionals discussing the latest issues and trends in reinsurance management, white papers, and blogs.
Sequel Re’s latest version is set to meet the demand for an end to end reinsurance management operations tool which features policy and premium administration across insurance groups.
David Rogers, Product Head at Sequel, said of the launch: “This is an exciting development which we hope all reinsurance professionals will value in terms of access to reinsurance management resources. The Portal will also feature demonstrations of the latest version of Sequel Re.
“The world of outwards reinsurance management is currently a case of a common language rather than common processes hence the reliance on manual processes, a situation exacerbated by recent M&A activity.
“This activity across the reinsurance sector has seen outwards reinsurance operations teams hampered by the inability to utilise a common system. Larger groups with an international parent, syndicate and branches across the world will often all have different systems.
“Many market discussions have concluded that what is required is a single reinsurance system workflow-driven that can capture the data, create the programme, process premium payments, claim recoveries and manage complex allocations.”
