This week’s particularly insightful episode has Jerad & Ben explaining the pains of ceded reinsurance. Our in-house experts dive into the problems surrounding data, working with reinsurance brokers, and the impact of a hardening market. We’ve also invented a new reinsurance game.
CONNECT WITH US:
Website: https://www.supercede.com
LinkedIn: https://www.linkedin.com/company/supercedehq
Twitter: https://twitter.com/SupercedeHQ
YouTube: https://www.youtube.com/channel/UCuzfykcesD0phGaCK7qB09Q
RSS Feed: https://anchor.fm/s/7e741c8c/podcast/rss
Say Hello: producer@thereinsurancepodcast.com
OUTLINE & TIMESTAMPS:
(00:00) Intro
(01:23) Overview of a Ceded Re Team
(03:04) Collecting Data Across the Organisation
(04:13) Lacking Direct Access to Data
(06:22) Working With Reinsurance Brokers
(07:35) Aspirational Buying Vs. What Actually Happens
(09:02) Your Reinsurance Isn’t Being Priced Properly
(10:04) The Impact of a Hardening Market
(11:32) Bad Reinsurance Data Is Costing You Money
(12:59) Wider Capital Markets
(14:53) Problem Pong: Challenges for Ceded Re Teams
(19:00) Copy, Pasting, Ingesting, & Analysing Data
(20:34) Post Placement Analytics & Insights