Built for enterprises, insurers and intermediaries
The Problem
Traditional reinsurance practices are costly to operate, with inefficient processes, "grey areas", and limited oversight
Inefficiencies in reinsurance transaction
A multitude of parties are needed to execute certain reinsurance tasks; the insurance process remains far from transparent, coordinated or secure. Every new party engaged in a particular insurance transaction, adds a compounding set of work and potential for fraud, cyber attack, lost data, misinterpretation and human error.
Legacy systems have perpetuated a closed-off insurance information environment with data silos and resulting operational inefficiencies, such as lengthy processing times.
The Solution
Frictionless reinsurance
Efficiency I Data I Risk
A Reinsurance and DLT solution that enables insurers and intermediaries to reinsure with unparalleled speed, breadth, security and accuracy.
One technology platform: Harmonise and place reinsurance treaty agreements all in a single SaaS solution Fits with existing workflows: avotech's Platform highly flexible and designed to co-exsist with your existing workflow Smart automation: avotech's smart contracts allows the automation of different processes, creating efficiencies Built for insurance professionals: Easy to use and fast to learn for the people who can benefit the most
Get in touch
avotech is committed to increasing the efficiency and transparency of reinsurance transactions and providing greater exposure within the reinsurance ecosystem
Chris Collins
product & STRATEGIC PARTNERSHIP, avotech
Get in touch to find out more about Project CSI; we're always looking for partners to get involved!
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