Online reinsurance platforms inreon and reway have joined forces in a new deal. Under the terms of the agreement, reway's parent Gothaer Re will become a shareholder in inreon.
Online reinsurance platforms inreon and reway have joined forces in a new deal.
Under the terms of the agreement, reway's parent Gothaer Re will become a shareholder in inreon.
Inreon and reway both specialise in the electronic placing of reinsurance contracts.
There are now 13 reinsurance sellers participating on the inreon platform and more than 40 buyers trading in ten countries.
Gothaer Re board member Wilfried Miller said: "Gothaer Re is very satisfied with this agreement. It allows inreon and reway to combine their experience and advantages within the industry's leading reinsurance platform."
This is the second deal inreon has struck in the last six months. Earlier this year it acquired Risk Transfer Exchange, a US-based online platform.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
