iPipeline, a provider of low code / no code content-enabled digital solutions and services to the financial services sector, reveals that global reinsurance company, PartnerRe, has decided to adopt the iPipeline’s SSG Digital® Platform in order to expand its international protection portfolio.
As mentioned in the announcement, the new collaboration marks iPipeline UK’s first platform integration “with a reinsurer and the solution will form an integral part of PartnerRe’s enhanced life proposition.”
The update further noted:
“Adoption of iPipeline’s platform will enable PartnerRe to host multiple insurer underwriting philosophies in a single engine and facilitate fully underwritten comparison capability as well as giving PartnerRe access to a far more flexible and insurer-centric approach to multi-insurer underwriting.”
iPipeline serves as a major provider of low code / no code content-enabled digital solutions and services and the SSG Digital Platform is described as “a self-serve solution that supports the entire customer onboarding and servicing journey for protection, investments, annuities and pensions products.”
Its underwriting module has been designed to lower operational costs and boosts efficiencies via its automation and self-serve capabilities – which helps with maximizing online acceptance and business take up.
Ian Teague, UK Group MD at iPipeline, stated:
“We are delighted that PartnerRe has selected the SSG Digital platform to enhance its underwriting capabilities. This new collaboration is a strategic long-term relationship that will drive mutual value for both parties.”
Teague added:
“The SSG Digital Platform is designed to be flexible, so our partners can choose to adopt the end-to-end functionality or individual components, such as the underwriting modules. Our solution will help PartnerRe automate and streamline its underwriting processes and, ultimately, grow its protection business across Europe.”
Larry Berran, CEO at iPipeline, remarked:
“iPipeline is intent on expanding the reach of our technology throughout the European Union. Our SSG Digital platform is world-class and provides a level of comprehensive capabilities, which are difficult to match by one solution provider. We are extremely pleased to have our platform selected by PartnerRe and look forward to supporting their growing needs today and in the future.”