Global insurance specialist Sherwood International has won the contract to supply Aviva's reinsurance software.

Aviva, the UK's largest insurer, plans to use ProCede to strengthen its governance ar ...

Global insurance specialist Sherwood International has won the contract to supply Aviva's reinsurance software.

Aviva, the UK's largest insurer, plans to use ProCede to strengthen its governance around reinsurance counterparty exposure. Aviva business units will feed data directly into the software in a bid to streamline processes and save costs.

Sherwood International CEO Mike Shinya said:"I am delighted that Sherwood is working with Aviva to improve its reinsurance processes and risk management. ProCede will enable Aviva to save time, reduce processing errors abd improve contract management."