Negotiated single complicated risk ...

Negotiated single complicated risk at a time, facultative reinsurance has always involved a potential for destinys of bargaining. Now some reinsurers and direct writers are finding the Internet to be a beneficial place to meet, place coverage and build business.

Two major online reinsurance-exchange platforms, Inreon Ltd and Ereinsure, have bourgeoned in the past couple of years to tender convenience, speed and cost-saving efficiency to the property/casualty industry. A third is beneath construction for the life industry at the American Council of Life Insurers, an industry trade association. Reinsurers have also been improving their admit online capabilities to serve customers.