London, United Kingdom, April 18th 2023 – Hollard has chosen to partner with leading reinsurtech Supercede for their outward reinsurance team to prepare and manage outwards treaties from 2023.
Hollard undertook a trial of the Supercede platform in Autumn 2022 and immediately saw benefit in the platform’s ability to collate large amounts of underlying insurance data and process it for presentation to reinsurance markets globally.
Supercede has seen a significant increase in demand throughout 2022, with hard market conditions driving demand for fast and reliable submission data. Supercede is seeing an increasing number of reinsurance participants joining their reinsurtech platform, with use of the software now in 6 out of 7 continents.
Elaine Harker, Head of Reinsurance commented,
“We are a small but committed reinsurance team, and Supercede has given us a new superpower. To have all of our data in one consistent, easily accessible format is one thing, to be able to do this whilst reducing the time ordinarily taken is an immense added benefit”.
Jerad Leigh, CEO of Supercede, added,
“Hollard coming on board as the first African cedent to use Supercede is a testament to the boundless nature of our mission. We want to make reinsurance easy for everyone, regardless of what market or territory they operate in. We look forward to many more exciting partnerships in the region.”
About Supercede Technology Ltd: Supercede is a company based in London, United Kingdom. Founded in 2019, Supercede is the leading reinsurance technology platform that facilitates reinsurance for cedents, brokers and reinsurers.
Visit the Supercede website for further information: supercede.com
About the Hollard Insurance Group: hollard.co.za
Cordy Bartlett
Supercede Technology Ltd.
cordy@supercede.com
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