13 November 2017Analysis

Saipem adopts Eurobase software platform for its captive

Sigurd Rück, the captive of oil and gas company Saipem, has selected Eurobase Insurance Solutions' software platform 'synergy2' to support its end-to-end reinsurance platform.

The platform uses data analytics to help deliver operational efficiencies and management information.

Joe Locke, CEO of Eurobase Insurance Solutions, commented: “We are pleased to welcome Sigurd to our growing community of captive organisations and look forward to working with the team and forging a strong long-term relationship. We are confident that synergy2 will enable Sigurd to realise its objectives, in particular to deliver improved management information and increased operational efficiency".