North American underwriter, Reinsurance Management Group, has renewed a deal with Sherwood International to use its reinsurance management system.
North American underwriter, Reinsurance Management Group (RMG), has renewed a deal with Sherwood International to use its reinsurance management system.
The Senator system will be used by RMG to support its reinsurance business for property, casualty and marine & aviation.
Sherwood International CEO Mike Shinya said: "RMG is a prominent underwriting manager and its selection of Sherwood International reinforces our reputation for delivering high quality solutions to the North American marketplace.
"The renewal of our contract with RMG is a credit to our team and demonstrates the value we have brought RMG over the years."
RMG chief financial officer, Tony Sloan said: "Sherwood clearly has the best mix of reinsurance business functionality, strategic direction, and long-term cost effectiveness, which has resulted in a steep reduction of time and costs."