Reinsurance spreadsheets 23/09/13
What are the disadvantages of manual processes?

Most of insurers still rely on spreadsheets to manage their reinsurance business. According to a 2011 survey of property and casualty insurers, 60 percent of partcipants were using spreadsheets, and 7 percent were using other manual methods. Surprisingly, 86% of companies with direct premiums over $1 billion did not have a reinsurance system in place!

 Read the entire article on our US website.

By Joseph Sebbag
Copyright © 2013 by A.M. Best Company, Inc. All Rights Reserved. Reprinted with Permission.

Tags: WebXLreinsurance2013


Supporting ACORD Standards is Crucial, European Reinsurance and IT Professionals Say at French Conference

Effisoft’s Julien Victor says cloud solutions are impacting reinsurance management systems.

Read more


Insurance Innovation Reporter interviewed Effisoft at IASA 2018

Read Grégory Moliner's interview regarding reinsurance systems by IIR as part of their discussions

Read more