Nepal-based Himalayan Re has deployed Synergy2, an built-in and end-to-end reinsurance administration platform developed by Eurobase.
The implementation was carried out after Synergy2 met Himalayan Re’s essential practical wants.
It offers enhanced functionality to Himalayan Re by optimising enterprise procedures and minimising handbook intervention that permits the corporate’s workers to conduct higher-value actions, famous the seller.
Himalayan Re has additionally been capable of obtain improved adaptability to react swiftly to market modifications, with enhanced functionality to oversee performances and exhibit accountability.
The Synergy2 release-based platform has been designed to assist reinsurers attain sustainable and strategic progress within the digital period.
Himalayan Re CEO Chandrasekaran Ramamurthy mentioned: “Himalayan Re selected Eurobase Synergy2 for its user-friendly, but complete Reinsurance Enterprise Administration and versatile enterprise intelligence studies for optimisation of enterprise goals.
“Workflow automation has helped streamline underwriting and claims dealing with.
“Himalayan Re has gained end-to-end processing capabilities inside a brief span of 1 12 months of its graduation of enterprise operations.”
Himalayan Re presently offers reinsurance options to life and normal insurance coverage firms in Nepal and past.
Eurobase CEO Joe Locke mentioned: “The success of this challenge is all the way down to the groups inside each firms working extraordinarily collaboratively all through.
“We look ahead to supporting Himalayan Re in attaining its enterprise goals for a few years to come back.”
With a presence in additional than 25 nations, Eurobase presently serves the worldwide (re)insurance coverage markets.
In February 2023, Nigerian reinsurance firm FBS RE chosen the Synergy2 platform to assist its operational processing capabilities and progress.
