Insurers Lose Money on Reinsurance Claims; Technology Can Plug Leaks, Effisoft-s Sebbag Writes in Best-s Review
Insurance, Picture Gallery Wednesday, October 16th, 2013
DALLAS, TX — (Marketwired) — 10/16/13 — Most insurers still rely on spreadsheets to manage their reinsurance business and are losing money because they cannot track ceded reinsurance contracts effectively, Joseph Sebbag, CEO of vendor , writes in the October issue of Best-s Review."They don-t have automated tools to effectively monitor reinsurance programs, placements or recoveries, let alone identify claims leakage, overpayments and excessive risk exposure or even track out-of-complia
