Supercede | The Reinsurance Platform

Following an incredibly productive week in Monte Carlo last week, some thoughts on the key themes. TL;DR: Stable Pricing Landscape: The reinsurance market shows signs of stability with minor adjustments expected in property catastrophe pricing. Upward Pressure on US Casualty Rates: Inflation and increased litigation in the US are driving up casualty rates and reducing capacity. Re-emergence of Willis Re: A joint venture between Bain Capital and Willis Towers Watson is set to relaunch Willis Re, stirring conversations about talent acquisition and market impact. Growth in MGA Formation: There's a notable surge in the creation of Managing General Agents (MGAs), influencing service providers and support industries. Predictions for 1/1 Renewals: Anticipated slight decreases in property cat pricing and upward pressure on US casualty rates, with regional and line-specific variations. Supercede | The Reinsurance Platform The Reinsurance Podcast Ben Rose Jerad Leigh Jezen Thomas 🇺🇦 Paul Gadsby Livvie Sandells Jess McCausland Jaeton Cary Ryan Wilt

Are you near the Monaco Yacht Club right now? We're recording a special set of interviews with #insurance & #reinsurance market experts. Our swashbuckling podcast team are docked here aboard the White Wave: 📍https://lnkd.in/em9c8RCa Feel free to come and say hello! #RVS #RVS2024 Livvie Jess Ellie Annie Jaeton Ryan Jezen Jerad #InsuranceIndustry

The team (including Ben Rose & Tom Spier) is excited to head to Monte Carlo this weekend for #RVS… and not just as Supercede! We’ll be podcasting aboard the 'Supercede yacht' between meetings, presentations, lunches (and maybe the odd cocktail hour). If you'd like to learn more about how we're changing the #reinsurance game, or simply want to say hi, feel free to reach out!

🎙️ The Purpose of RVS Monte Carlo 🎙️ As the gateway to conference season in the re/insurance industry, RVS plays a pivotal role in shaping the strategic #narrative for the year ahead. Our industry experts delve into why this gathering is crucial for setting the tone of the #renewal season and how senior leaders from top #brokers and #reinsurers use this platform to influence market behaviour. #Reinsurance #RVS2024 #MonteCarlo #InsuranceIndustry #ConferenceSeason #TheReinsurancePodcast

🔴 Don’t miss our LIVE 30-minute product demo this week! Experience Supercede first-hand and see how easy it is to streamline data for submissions, centralise reinsurance management, and enhance collaboration— all in one platform. Last chance to sign up 👇 #Reinsurance #DataManagement #Innovation #IndustryChange #RiskManagement

🔄 The Reinsurance Data Dilemma: Are We Burying Gold? 🔄 A crucial issue that’s holding our industry back: the way we handle reinsurance #data. The process isn't just inefficient—it's a missed opportunity. #Reinsurance #DataManagement #Innovation #IndustryChange #RiskManagement

🔍 Year-over-Year Data Comparisons Made Simple One of the biggest challenges for reinsurance professionals is efficiently comparing year-over-year data in submission packs. Traditionally, this task has been time-consuming and prone to error, especially when using tools like Microsoft Excel. But with Supercede, we’ve streamlined the process. In this quick demo, I’ll show you how our platform makes it effortless to compare data sets across different time periods—giving you the flexibility to analyse exactly what you need, whether it's comparing full years or specific date ranges. With just a few clicks, you can gain deep insights, drill down into policy details, and easily adjust your data to fit your exact requirements. For both reinsurance buying teams and brokers, this feature isn’t just about saving time—it's about enhancing accuracy, improving decision-making, and ensuring you have the most reliable data at your fingertips. Whether you're preparing for renewals or managing complex reinsurance portfolios, the ability to quickly and accurately compare data sets is a game changer. #Reinsurance #DataManagement #Innovation #ReinsuranceBrokers #InsurTech

When your submission pack tells two stories… Here’s how to ensure your submission delivers one coherent, compelling narrative: 1️⃣ Get the Basics Right: Start with accurate, clear data. This is the foundation—without it, nothing else matters. 2️⃣ Align Your Narrative & Data: Ensure your numbers and your story support each other seamlessly. 3️⃣ Be Ready to Dig Deeper: Equip yourself with the ability to answer any question with precise, data-backed insights. 4️⃣ Show Strategic Fit: Make sure your strategy and goals resonate with the reinsurers you’re targeting—when your objectives align, partnerships thrive. 💡 Why It Matters: A mismatched submission leads to confusion, higher premiums, and strained relationships. #Reinsurance #DataAccuracy Ben Jerad Tom Ellie Livvie #InsuranceInnovation

We're ushering in a new era of efficiency, automated data management and seamless reinsurance deal-making. Here's how we transform your reinsurance process: ✅ Automated Data Integration: Eliminate manual data entry and ensure accuracy by automatically consolidating data from multiple sources into one cohesive format. ✅ Enhanced Data Insights: Use our advanced analytics tools to gain deeper insights into your portfolio, allowing you to make informed decisions quickly and confidently. ✅ Improved Collaboration: Collaborate effortlessly with your brokers and reinsurers in real-time, fostering stronger partnerships and better deals. ✅ Increased Efficiency: Reduce the time spent on admin tasks and focus more on strategic activities that drive growth and success. Discover how you can achieve superior outcomes: www.supercede.com #Reinsurance #Innovation #DataManagement Ellie Livvie Jess Jaeton Annie Tom #Automation #Efficiency #RiskManagement

Ben Rose dives into key attributes every #reinsurance underwriter looks for. Here’s a quick overview: 1️⃣ Competence Start with the basic numbers. Without this foundational data, underwriting cannot proceed. 2️⃣ Coherence Ensure the data aligns with historical performance and company narrative. This step verifies consistency and accuracy. 3️⃣ Consideration Assess the emotional and relational factors. Is this a partner worth investing in for the long term? 4️⃣ Control Highlight your ability to manage and manipulate data effectively. This demonstrates your capacity to respond to queries and provide detailed insights. 5️⃣ Fit & Alignment Evaluate the overall fit of the strategy with the reinsurer's goals and whether the management team’s approach aligns with these objectives. Understanding and addressing these layers can significantly enhance your standing as a priority client. #Underwriting #Reinsurers #Underwriters #InsuranceInsights