Supercede

Overview
News
InsurTech: Infrastructure?
Product stageSegments
Early
?
Reinsurance technology providers
?

Supercede is a global reinsurance platform that facilitates the entire reinsurance placement lifecycle, enabling cedents, brokers, and reinsurers to collaborate seamlessly. The platform offers a radically streamlined experience, allowing brokers to benefit from an enhanced placement process, reinsurers to access more risks and data, and cedents to improve their submission quality across all non-life products and lines of business. Supercede's technology automates manual data manipulation processes, enabling cedents to generate digital submission packs efficiently. The platform's robust features include instant data validation, automatic profile generation, and AI-powered policy stacking identification. Supercede's solutions aim to reduce errors, increase speed-to-market, and improve the quality of underlying submission data for treaty reinsurance placements.

Key customers and partnerships

As of June 2024, the company’s platform has more than 140 global companies, encompassing insurers, brokers, and reinsurers including international specialty insurers such as Markel, Ascot, Hiscox, Generali, and AXA XL. 

In March 2023, global reinsurance broker Lockton Re signed a long-term agreement with Supercede to refine its reinsurance data, becoming the first major broker to adopt wholesale usage of Supercede's treaty data preparation platform. Supercede has also partnered with Ascot, enabling the insurer to use Supercede's software for preparing and managing its reinsurance treaty placements.

Sources

Disclaimer: This company profile has been generated using data obtained through automated web searches and advanced generative AI technology. While we strive to ensure the accuracy and reliability of our sources, auto-generated information could be outdated or inaccurate and should be verified independently.
HQ location:
London GBR
Founded year:
2019
Employees:
11-50
IPO status:
Private
Total funding:
USD 21.6 mn
Last Funding:
USD 15.0 mn (Series A; Jun 2024)
Last valuation:
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