ian-teague-larry-berran-ipipeline
22 July 2021Insurance

PartnerRe looks to grow global protection business with new partnership

Bermuda-based reinsurer  PartnerRe has integrated a new digital platform to help automate and streamline its underwriting processes, and grow its protection business globally.

The new collaboration marks iPipeline UK’s first platform integration with a reinsurer.

iPipeline provides low code / no code content-enabled digital solutions and services to the financial services industry. Its SSG Digital Platform is a self-serve solution that supports the entire customer onboarding and servicing journey for protection, investments, annuities and pensions products. Its underwriting module reduces operational costs and increases efficiencies through its automation and self-serve capabilities maximising online acceptance and business take up.

By adopting iPipeline’s platform PartnerRe can host multiple insurer underwriting philosophies in a single engine and facilitate fully underwritten comparison capability. It also gives PartnerRe access to a far more flexible and insurer-centric approach to multi-insurer underwriting.

Ian Teague (pictured left), UK group managing director at iPipeline, described the collaboration as a strategic long-term relationship that will drive mutual value for both parties.

“The SSG Digital Platform is designed to be flexible, so our partners can choose to adopt the end-to-end functionality or individual components, such as the underwriting modules,” he explained. “Our solution will help PartnerRe automate and streamline its underwriting processes and, ultimately, grow its protection business across Europe.”

Larry Berran (pictured right), chief executive officer at iPipeline, said: “ iPipeline is intent on expanding the reach of our technology throughout the European Union.  Our SSG Digital platform is world-class and provides a level of comprehensive capabilities, which are difficult to match by one solution provider.”

Did you get value from this story?  Sign up to our free daily newsletters and get stories like this sent straight to your inbox.

Already registered?

Login to your account

To request a FREE 2-week trial subscription, please signup.
NOTE - this can take up to 48hrs to be approved.

Two Weeks Free Trial

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Elliot Field at efield@newtonmedia.co.uk or Adrian Tapping at atapping@newtonmedia.co.uk


More on this story

Insurance
23 July 2021   He serves on various boards, including Compre Group, Wakam, Tremor Technologies, and McKinsey & Company.
Insurance
14 June 2021   PartnerRe’s current president of US life will assume his responsibilities from September.
Insurance
27 May 2021   The new director has spent 34 years in financial services and has served as CEO at large European banks.