Roamly expands reinsurance alliances
January 6, 2025
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Digital insurance company Roamly has expanded its reinsurance partnerships with the addition of Apollo, ICW, Ladder Re, SiriusPoint, Spinnaker and Vantage.
The Roamly Enterprise Platform is a digital insurance platform equipped with proprietary actuarial and underwriting modules, which expedite the development and deployment of insurance products tailored to meet the changing needs of the market.
Roamly’s in-house team includes actuarial and underwriting expertise, ensuring precise risk assessment and the implementation of market-responsive pricing strategies.
Additionally, the company offers risk, legal and claims management, ensuring “effective risk oversight” and a seamless claims experience for customers.
Roamly chief insurance officer Aaron Ammar stated: “Expanding our reinsurance partnerships with improved economics is a testament to Roamly’s operational resilience and the trust our partners place in our capabilities.
“The support of ICW, SiriusPoint, Vantage, Ladder Re, Apollo and Spinnaker enhances our ability to innovate and scale quickly, empowering Roamly to meet the unique needs of our customers with unmatched efficiency and reliability.”
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Spinnaker Insurance CEO Torben Ostergaard said “Roamly has worked diligently to deliver strong results in a challenging insurance environment, a testament to their operational excellence and strong actuarial, underwriting and risk management expertise.”
Roamly’s digital insurance technology and solutions include AI-enabled software modules that assist insurance companies in developing products, improving speed to market and managing risk effectively.
With operations across the US, Canada and Europe, the platform supports key functions such as pricing, underwriting, policy and claims management, and offers a “digital-first quote-to-bind experience”.
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Danh mục: News