#36 - How Cedents Can Get More Accurate Reinsurance Pricing
This week Jerad & Ben explain how cedents can get better and more accurate reinsurance pricing from reinsurers. They touch on data accuracy and the speed of which it can be prepared, how to optimise your buying strategy, and how to gain maximum value-add through collaborating with your broker(s). Ben also happens to do an off-the-cuff analogy describing what it’s like to be a cedent in the current climate which is absolutely brilliant. CONNECT & SUPPORT: Website: https://www.supercede.com LinkedIn: https://www.linkedin.com/company/supercedehq Twitter: https://twitter.com/SupercedeHQ YouTube: https://www.youtube.com/channel/UCuzfykcesD0phGaCK7qB09Q RSS Feed: https://anchor.fm/s/7e741c8c/podcast/rss Say Hello: cordy@supercede.com OUTLINE & TIMESTAMPS: (00:00) Intro (00:55) Leveraging Data for Reinsurance Purchasing (03:11) Saving Time & Improving Efficiency With the Right Tools (06:30) Addressing a Hardening Market (07:49) Automating Manual Processes Through Your Buying Strategy (09:21) Value Add from Collaborating Well With Your Broker (11:22) The Catchphrase of Many Ceded Re Buyers: No Surprises (16:25) Placement Platforms (18:34) What It’s Like Being a Cedent Right Now (22:32) Controlling Your Portfolio (24:20) The Challenges Facing All Cedents At the Moment