Navigating the Evolution of the Managed General Underwriters (MGU’s): Trends Challenges and Opportunities.
Eurobase Blog » Reinsurance
by Joanne West
3d ago
The landscape for Managing General Underwriters (MGUs) is evolving rapidly. Driven by technological advancements, shifting regulatory environments, and changing market dynamics, MGUs are at a pivotal moment. To remain ahead of the competition, they need to adapt to these changes while overcoming significant operational challenges. In this post, we’ll explore key trends impacting MGUs, discuss the challenges they face, and illustrate how Eurobase’s Synergy2 system can help them navigate this complex environment ..read more
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The Significance and Impact of Customer Support
Eurobase Blog » Reinsurance
by Joanne West
5M ago
Navigating the world of software customer support involves traversing different levels of expertise and technological know-how.  Every business owner takes a unique path in this ever-changing landscape, with some embracing the latest integrations while others sticking to traditional methods ..read more
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Key Opportunities for Reinsurers in Growth Economies
Eurobase Blog » Reinsurance
by Joanne West
5M ago
The post pandemic impact continues to hit the global economy and affected growth markets especially hard. Here we look at the five main challenges  and related opportunities that reinsurance companies may encounter in growth economies.   ..read more
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Automation for (Re)insurers is Great When it Delivers Tangible Value – Here’s How to Avoid Disappointment
Eurobase Blog » Reinsurance
by
5M ago
Automation is a game-changer for (re)insurers when it serves clear objectives. From driving operational efficiencies to delivering touch-free customer experiences, automation is playing an ever-increasing role in both personal and commercial lines ..read more
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Insight and Agility Are Key to Success As a Hard Reinsurance Market Dawns
Eurobase Blog » Reinsurance
by
5M ago
Reinsurance rates rose again this year and are projected to continue that trend in 2023 – prompting analysts (including JMP Securities) to declare that the reinsurance industry is on the cusp of its first true hard market in the best part of two decades ..read more
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How The Right System Can Springboard An MGU To Success
Eurobase Blog » Reinsurance
by
5M ago
Tech that takes the administrative burden out of your hands frees you up to do what you do best – delivering returns for you and your capacity providers.   ..read more
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How Tech Can Drive Growth for Emerging Market Reinsurers
Eurobase Blog » Reinsurance
by
5M ago
Artificial intelligence, automation, lightweight cloud systems – insurance technology is at the dawn of an exciting new era. With most investment and innovation to date having traditionally taken place in advanced economies, emerging market reinsurers can now take advantage ..read more
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Unlocking The Power of (Re)insurance Analytics
Eurobase Blog » Reinsurance
by
5M ago
The right visualisation can turn an ocean of data into fast, actionable insights that inform better decisions – but it is vital everyone in the organisation shares the same truth ..read more
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Five Ways Data Can Help Reinsurers Win in a Hard Market
Eurobase Blog » Reinsurance
by
5M ago
"High-quality data is key to enabling reinsurers to compete and write the right risks while maintaining pricing discipline"  - Ray Johnston, Head of Strategy and Innovation, Eurobase ..read more
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Reinsurers Must Evolve To Address Alarming Decline
Eurobase Blog » Reinsurance
by
5M ago
The latest analysis from McKinsey exposes a reinsurance industry with freefalling returns and in urgent need of modernisation ..read more
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