Reinsurance News

Reinsurtech news

Reinsurtech news – Our news on reinsurance technology start-ups and initiatives, covering news on tech adoption within reinsurance, tech start-ups focused on the reinsurance market and other related tech-focused news and analysis.

Everest Re adopts Xuber for Reinsurers tech platform

21st November 2017

Bermuda-based global reinsurance firm Everest Re has signed up to adopt the Xuber for Reinsurers platform for all of its global reinsurance subsidiaries. The Xuber for Reinsurers platform was developed by Xchanging, a DXC Technology company, and allows reinsurers to digitalise their processes using a single-data-model and end-to-end business processing platform. Everest ... Read the full article

Incumbents could be relegated, if tech giants come for re/insurance

10th November 2017

Incumbent insurance and reinsurance firms could be relegated if tech-savvy, customer focused players like Amazon or Google decide to enter the sector in a meaningful way, and it looks like at least one of these giants is preparing its first foray. While the insurance and reinsurance industry is focused on InsurTech ... Read the full article

Reinsurers funding big insurtech bets for their future: Wightman, PwC

8th November 2017

Global reinsurance firms are increasingly investing in insurtech start-ups, ranging from internet-first distribution channels, to advanced data and analytics start-ups, internet-of-things product manufacturers, and even drone operators. The range of technology investment opportunities being pursued by firms in the insurance and reinsurance world is broad, as insurtech and now reinsurtech waves ... Read the full article

Reinsurers need to manage expense & invest in InsurTech: PwC

6th November 2017

In the consistently competitive, challenged and evolving reinsurance market, companies need to focus on cost optimisation and reducing expenses, in order to remain agile and be able to take advantage of future opportunities, according to PwC. Add on the impacts of recent catastrophic losses, which are estimated to total an industry-wide ... Read the full article

TigerRisk & Willis Re partner to develop reinsurance placement platform

6th October 2017

Two global reinsurance brokerages are joining forces to advance the development of a reinsurance placement platform. Willis Re is joining with TigerRisk Partners LLC to further develop the globalREmarket (formerly named X-gRm) technology. The pair have formed a new third-party company, RePlace Holding LLC, which will advance the development of the ... Read the full article

Reinsurers well-placed for long-term reinsurtech success: S&P

30th August 2017

Reinsurers have been expanding their product range and reach with reinsurtech investments and developments, and are using technology as an interface to pass on risks to the capital markets - factors which show the industry is choosing to embrace and flow with the changes instead of buck the tide of ... Read the full article