This partnership will allow placements to occur through Lockton Re’s SAGELink, an API-driven electronic placement system.
Claude Yoder, Global Head of Analytics at Lockton Re, said: “Continuing our investment in technology and innovation, Lockton Re has worked with Ariel Re to integrate their capacity to Lockton Re’s SAGELink placement service. This will allow for better alignment of treaty analytics and visualisation features with reinsurer underwriting workflow management, producing new value for cedents.”
SAGELINK is a key part of Lockton Re’s SAGE platform, a patent-protected tool that visualises risk impacts on given portfolios. It ensures clients have real-time understanding of risks and have full transparency.
Ryan Mather, Ariel Re’s CEO, added: “Ariel Re is supportive of initiatives that bring efficiency and enhancement to trading platforms. This expansion in digital broking illustrates the innovation as well as the talented analytics and technology teams at both Ariel Re and Lockton Re.”
SAGELink is part of the many innovations introduced through Lockton Re’s SAGE, a patented product offering. It fits in within Lockton Re’s ‘Born Digital’ philosophy, which emphasises efficiency and maximising decision making by leveraging advanced tech to produce deep insights and great value.
