Himalayan Re chooses Eurobase reinsurance platform

Eurobase has announced that Himalayan Re has gone live with Synergy2, its best-of-breed reinsurance platform.

Eurobase has delivered an integrated, complete, end-to-end reinsurance administration platform that it says is solidifying its depth and scale of success and allowing it to maintain its 100% success rate for implementations.

It added that Himalayan Re’s adoption of Synergy2 has delivered tangible results that include improved efficiency by optimisation of business processes; reduced manual intervention allowing its employees to focus on higher value tasks; greater adaptability to react quickly to changes in the market and improved ability to monitor performance and demonstrate accountability, all of which contribute to delivering a real impact to its business.

With more than 30 years of experience and expertise of the (re)insurance industry, Eurobase has demonstrated the importance of building strategic partnerships. Synergy2 is a release-based platform which enables reinsurers to achieve sustainable, strategic growth in the digital age, further solidifying the future-proof partnership Eurobase provides.

Commenting on the partnership with Eurobase, Chandrasekaran Ramamurthy, chief executive of Himalayan Re said: “Himalayan Re chose Eurobase Synergy2 for its user friendly, yet comprehensive Reinsurance Business Administration and flexible business intelligence reports for optimisation of business objectives. Workflow automation has helped streamline underwriting and claims handling. Himalayan Re has gained end-to-end processing capabilities within a short span of one year of its commencement of business operations.”

“We are so pleased to be partnering with Himalayan Re,” said Joe Locke, chief executive of Eurobase. “The success of this project is down to the teams within both companies working extremely collaboratively throughout. We look forward to supporting Himalayan Re in achieving its business objectives for many years to come.”