Property Casualty Reinsurance Cedent Technology Strategies
- Topics:
- Insurance
- Tags:
- Business Operations,
- Celent,
- Corporate Insurance,
- Insurance,
- Insurance Company,
- Reinsurance,
- Strategy
- Source:
- Celent
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Overview: On the surface, reinsurance is easy to understandùit is simply the insurance that insurance companies buy for themselves. Primary insurers become cedents when they lay off portions of the risks they have underwritten through the purchase of reinsurance. Many primary insurers have made huge technology investments to digitize information and automate core processes. The paper believes that any cedent who has not made adequate investments in reinsurance people, processes and technology is hurting its financial results.
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Format: PDF | Size: 240KB | Date: Feb 2004 | Pages: 24
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