Press Releases

London, United Kingdom, 6 January 2025 – Convex has adopted the Supercede platform as part of its transformation journey to enhance operational efficiency and improve market collaboration with its trading partners.

This milestone follows over a year of close collaboration between the two companies, during which Convex evaluated Supercede’s ability to address key business challenges and deliver improvements.

Convex’s decision comes in tandem with its decision to overhaul its reinsurance accounting and settlement systems. The choice to reinvigorate both dealmaking capability and accounting processes at the same time means that the full value from both systems can be realised faster and at greater scale.

The Supercede platform also reduces reliance on manual rekeying of data, minimising errors and saving time. The successful integration of Supercede’s API with Convex’s other partner systems, further highlights the platform’s ability to streamline operations and enhance workflow connectivity, enabling faster, more informed decision-making. For Convex, the adoption of Supercede is a strategic step toward more efficient and collaborative reinsurance management.

Priyank Jain, Head of Operations and Finance within the Ceded Re Team at Convex, commented:

“We chose Supercede because it directly addressed our ambitious view of the future of reinsurance placements. Its structured and integrated approach to capturing quotes, tracking deals, and managing renewals, combined with enhanced communication and integration capability, made it the clear choice for streamlining processes and strengthening broker relationships.”

Jerad Leigh, CEO at Supercede, said:

“Convex’s adoption of Supercede Deals reflects the seismic shift happening in the reinsurance industry. Forward-thinking organisations like Convex recognise that manual processes and fragmented workflows are no longer fit for purpose. Supercede is driving this transformation, not just as a technology provider but as a critical enabler of operational excellence and market collaboration. With partners like Convex onboard, we are cementing our position as the go-to platform for reinsurance deal management, setting new benchmarks for efficiency, transparency, and connectivity across the market.”

About Supercede Technology Ltd

Pioneering change since 2019, Supercede is the leading reinsurtech platform offering innovative solutions for data management and reinsurance deal-making. With a global reach and a reputation for excellence, Supercede continues to set the standard in efficiency, accuracy, and collaboration. For more information, visit supercede.com.

About Convex

Convex is a leading international specialty insurer and reinsurer. Convex’s innovative approach is underpinned by expert underwriting, unparalleled customer focus, and advanced technology. The adoption of Supercede Deals reflects Convex’s commitment to driving the reinsurance industry forward. For more information, visit https://convexin.com/.