In response to the growing demand for accuracy and efficiency in the reinsurance sector, global reinsurance broker Lockton Re has formed a long-term partnership with Supercede, a leading provider of technology solutions for the insurance industry. This collaboration aims to improve the reinsurance data process, allowing Lockton Re to provide exceptional service quality to its clients. As the first major reinsurance broker to fully adopt Supercede’s treaty data preparation platform, Lockton Re is set to revolutionize the industry.
Lockton Re’s pioneering adoption of Supercede’s technology
Lockton Re’s decision to integrate Supercede’s treaty data preparation platform places them at the forefront of the reinsurance industry. By embracing this innovative technology, Lockton Re becomes the first major reinsurance broker to fully leverage the capabilities of Supercede’s platform, reaffirming its commitment to meeting its clients’ evolving needs.
Successful Pilot Amplifies Confidence in Error Detection
Through a pilot program conducted during the summer, Lockton Re gained confidence in Supercede’s ability to automatically detect errors typically found in submission data. This breakthrough discovery reinforced the belief that Supercede’s technology could significantly enhance the accuracy and efficiency of the reinsurance data process. By ingesting data in its native raw format and swiftly transforming it into structured and cleansed data, Supercede’s platform provides advanced error detection and anomaly identification capabilities.
Unlocking Efficiency and Unprecedented Service Quality
As an independent reinsurance broker, Lockton Re places the utmost importance on tailoring its services to meet its clients’ unique needs. By integrating Supercede’s automation technology, Lockton Re can now streamline its operations and work more efficiently, allowing it to dedicate more resources to providing exceptional client service. The partnership between Lockton Re and Supercede aims to boost overall efficiency and enhance client service by refining and automating the reinsurance data process.
Supersede Empowering Industry Trailblazers
For CEO Jerad Leigh, Lockton Re’s adoption of Supercede’s technology serves as a testament to their mission of revolutionizing the reinsurance industry. Leigh believes that by embracing innovative technology, industry pioneers like Lockton Re have the power to transform the way reinsurance is conducted. Supercede’s advanced platforms empower these trailblazers to take bold steps towards a future of increased accuracy, efficiency, and client satisfaction.
Motivation for rapid adoption and broker support
The speed at which cedent reinsurance buying teams have embraced Supercede’s technology provides further motivation for the company. Witnessing the embrace and support of respected brokers like Lockton Re, Supercede is driven to continually improve and refine its offerings. This recognition and endorsement from industry leaders solidifies Supercede’s position as the go-to platform for reinsurance data processing.
Lockton Re’s decision to partner with Supercede to enhance reinsurance data accuracy and efficiency represents a significant milestone in the industry. By adopting Supercede’s technology as the first major reinsurance broker, Lockton Re reaffirms its commitment to delivering high-quality services to its clients. This partnership promises to revolutionize the reinsurance process, boosting efficiency, and elevating the standard of client service. As Supercede forges ahead with its mission to transform the industry, Lockton Re’s adoption stands as a crucial vote of confidence, solidifying Supercede’s position as the trusted platform for reinsurance data processing.