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California Earthquake Authority Selects CedeRight Reinsurance Administration

Posted on January 16, 2019 by DataCede Admin.
The California Earthquake Authority (CEA) has chosen DataCede, a provider of reinsurance administration software to property/casualty insurers, to better manage and track reinsurance contracts and financial transactions between the CEA and its reinsurers. As an insurance organization that works with over 25 insurance companies and has more than one million policyholders, CEA sought a reinsurance system that provides the administration framework to its many reinsurance partners. CEA selected Da…

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DataCede wins Nuclear Electric Insurance Reinsurance Processing

Posted on February 26, 2018 by DataCede Admin.
Nuclear Electric Insurance Limited Selects DataCede’s CedeRight Reinsurance System DataCede is pleased to announce that Nuclear Electric Insurance Limited (NEIL) has selected DataCede’s CedeRight reinsurance system to administer and manage their reinsurance program. NEIL will gain a comprehensive solution capable of handling their multiple reinsurance structures utilizing CedeRight’s easy to use and learn navigation interface with strong functionality to handle complex …

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Duck Creek Technologies partners with DataCede's Award Winning Reinsurance Administration offering

Posted on July 18, 2017 by DataCede Admin.
July 18, 2017 09:10 AM Eastern Daylight Time
BOSTON—(BUSINESS WIRE)—Duck Creek Technologies has expanded its Global Alliance Program through a new
partnership with DataCede, a leading reinsurance solution provider. DataCede’s cloud-based CedeRight reinsurance
solution automates processing and administration of reinsurance activities for P&C insurers worldwide.
“Historically, the processing and management of reinsurance has been highly manual or mired in …

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CedeRight Continues to power P&C Reinsurance Policy Providers

Posted on June 02, 2017 by DataCede Admin.
CedeRight powers another Policy Provider IDP, a developer of software and SaaS services for the property and casualty (P&C) insurance segment announced the launch of its reinsurance services powered by CedeRight®. In a new partnership with IDP, they are appointed as an authorized reseller of the CedeRight Reinsurance Administration System. “During the past year, IDP and DataCede teams have worked together to implement the CedeRight …

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Security Mutual Selects CedeRight Reinsurance Administration

Posted on June 27, 2016 by DataCede Admin.
Security Mutual, Ithaca, N.Y. in collaboration with their technology partner, Insurance Data Processing, has selected DataCede’s reinsurance system, CedeRight for ceded reinsurance administration. Security Mutual was searching for an automated solution which could be implemented quickly, support their business growth as well as improve operational efficiencies. According to Roy Hall, Secretary & Treasurer, the timing was right to get an automated approach to reinsurance and have it int…

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Reinsurance Terms & Definitions - A Reference Guide

Posted on March 23, 2016 by DataCede Admin.
Accident Year Experience Reinsurance experience calculated by matching the total value of all losses occurring during a 12-month period with premiums earned for the same period. Acquisition Costs All expenses directly related to acquiring insurance or reinsurance accounts; normally the commission paid to the reinsurance company as an offset against its agent’s commission, premium taxes and other costs of doing business; includes reinsuran…

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