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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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Hamilton Insurance Chooses CedeRight Reinsurance Solution

Posted on February 08, 2016 by DataCede Admin.
Hamilton USA, a division of the Hamilton Insurance Group has selected DataCede’s CedeRight system for their reinsurance administration. Hamilton is a new Bermudan startup with big plans for the US market. In fact, their mission is to deliver cutting edge technology to the insurance market, offering rapid, efficient, customized service to its agents and brokers. The installation and configurations has begun this quarter. Our quick implementation is a hallmark of CedeRight’s cloud d…

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New Mexico Mutual Chooses CedeRight for Reinsurance Administration

Posted on November 06, 2015 by DataCede Admin.
New Mexico Mutual, Albuquerque, NM has chosen DataCede’s CedeRight system for ceded reinsurance administration. New Mexico Mutual was looking for an automated solution which can be implemented quickly to keep up with growth in their business. According to Kellie Mixon, Controller, the time was right for an automated approach to replace the tedious use of spreadsheets. “At New Mexico Mutual we needed a better way to manage our 20+ year reinsurance contracts and to streamline our reins…

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