#60 - Ceded Reinsurance: the Big Challenges
This week’s particularly insightful episode has Jerad & Ben explaining the pains of ceded reinsurance. Our in-house experts dive into the problems surrounding data, working with reinsurance brokers, and the impact of a hardening market. We’ve also invented a new reinsurance game. CONNECT WITH US: 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: producer@thereinsurancepodcast.com OUTLINE & TIMESTAMPS: (00:00) Intro (01:23) Overview of a Ceded Re Team (03:04) Collecting Data Across the Organisation (04:13) Lacking Direct Access to Data (06:22) Working With Reinsurance Brokers (07:35) Aspirational Buying Vs. What Actually Happens (09:02) Your Reinsurance Isn’t Being Priced Properly (10:04) The Impact of a Hardening Market (11:32) Bad Reinsurance Data Is Costing You Money (12:59) Wider Capital Markets (14:53) Problem Pong: Challenges for Ceded Re Teams (19:00) Copy, Pasting, Ingesting, & Analysing Data (20:34) Post Placement Analytics & Insights