Supercede, the reinsurance technology platform, has introduced a new feature that automates the production of Lloyd’s Syndicate Reinsurance Structure (SRS) returns.
The feature was developed following Supercede’s involvement in Cohort 14 of the Lloyd’s Lab Accelerator, which included a focus on enhancing reinsurance workflows for the Lloyd’s market.
Addressing a commonly cited bottleneck in the market, the new capability transforms validated reinsurance deal data already managed within Supercede into CSV files ready for direct upload.
According to Lloyd’s Lab mentors, 70% identified the SRS return process as an area needing attention.
FULL ORIGINAL PUBLICATION HERE