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Description

By utilizing a selective distribution approach, we provide top-tier services to our broker partners and clients alike. Our global corporate presence allows us to maintain regionally accessible underwriting and claims representatives, ensuring seamless communication. Furthermore, we offer both primary and excess products to effectively manage cyber risk, whether through full participation or quota share arrangements. With an experienced and integrated underwriting and claims team, Aspen guarantees that your clients are equipped with extensive expertise and built-in incident response services tailored to their needs. In addition to this, our comprehensive risk management services play a pivotal role in our offerings; we recognize the complexities of risk and strive to support our clients throughout every stage of an incident, ultimately enhancing their business resilience and mitigating claim impacts. This commitment to proactive service not only strengthens our partnerships but also fosters long-term success for everyone involved.

Description

Duck Creek Reinsurance streamlines and automates the entire reinsurance process by consolidating information associated with contracts, which encompasses treaties, facultative policies, claims, incidents, as well as various financial and technical data. This adaptable solution oversees contracts throughout their lifecycle, including underwriting, endorsements, and renewals, and accommodates multiple currencies and GAAP standards. By efficiently calculating recoveries and swiftly generating reinsurance invoices, it ensures that all claims eligible for coverage are accurately identified, thus fulfilling the objectives of both ceded and assumed reinsurance in terms of risk management and capital optimization. The digital transformation of reinsurance administration empowers finance and risk management teams to utilize data more effectively, facilitating crucial decisions about risk tolerance and enhancing contract discussions. Moreover, the shift towards automation, standardization, and enhanced data transparency eliminates the reliance on cumbersome tools such as spreadsheets and outdated databases, ultimately improving operational efficiency. In effect, this comprehensive approach not only simplifies processes but also fosters a more strategic alignment between risk management and financial objectives.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

Duck Creek Suite
FurtherAI
SmartPass

Integrations

Duck Creek Suite
FurtherAI
SmartPass

Pricing Details

No price information available.
Free Trial
Free Version

Pricing Details

No price information available.
Free Trial
Free Version

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Vendor Details

Company Name

Aspen Insurance Group

Founded

2002

Country

United Kingdom

Website

www.aspen.co/insurance/our-products/finpro/cyber/

Vendor Details

Company Name

Duck Creek

Founded

2000

Country

United States

Website

www.duckcreek.com/product/reinsurance/

Product Features

Product Features

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