Archive for the ‘Reinsurance’ Category
It’s been quite a year for SwordAgencyPortInsuranceIntechGroup… ahem Agencyport Software. While it hasn’t been easy, we are all exhilarated as we look forward to 2012 and beyond. Just for fun, let’s rewind to last January and relive the making of Agencyport Software (buckle up—it was a crazy ride). New customers We started the year with…
Last Wednesday we returned to Bermuda to see clients and to host an event at Harry’s on the waterfront. Home to almost half of all Property catastrophe capacity, Bermuda is a truly unique insurance spot. Disguised by palm trees and turquoise waters, the island is actually a powerhouse in the world of insurance. Our event…
Last Thursday at a lunch ceremony at the Westin in Times Square, New York, Aon Benfield was recognized as a Model Insurer by industry analyst Celent for implementing FAConnect, its innovative system for online binding of facultative reinsurance which uses Sword Insurance’s AgencyPortal product. In July 2009, Aon Benfield first approached us about their business…
Today there are two important developments on FAConnect to relate: First, Aon Benfield announced that US Terrorism is the latest reinsurance facility live on FAConnect, Aon Benfield”s facultative reinsurance placement platform built on our AgencyPortal framework. Coming on the heels of Aon Benfield launching a Chilean earthquake property facility with Ascot, Aon Benfield announced that its…
If you look at this, do you think of the Property insurance claim? It’s one of many astounding images from the February 27th earthquake in Chile. The market for property insurance is rapidly responding to the crisis, processing claims on existing policies and looking for new insurance markets to write property coverage in Chile. Local…