eReinsure, a provider of e-commerce technology to the insurance and reinsurance industries, has reported that its platform was accessed over 100,000 times by underwriters and brokers involved in reinsurance placing, in 2005.
Igor Best-Devereux, CEO of eReinsure, said: "The past year has removed any doubt that internet technology can play an important role in driving distribution effectiveness and productivity in placing risks.
"This is an important opportunity for the industry as the need for a communication bridge between buyers and sellers of reinsurance has parallels in other areas of the insurance industry, especially in wholesale business."