Eurobase has announced that Himalayan Re has gone live with Synergy2, its best-of-breed reinsurance platform. Eurobase has maintained its 100% success rate for implementations and delivered an integrated, complete, end-to-end reinsurance administration platform.
Himalayan Re’s critical functional requirements have been met with Synergy2’s vast capabilities, and the ‘go live’ of this project has been delivered under high expectations.
Himalayan Re’s adoption of Synergy2 has delivered tangible results that include improved efficiency by optimisation of business processes, reduced manual intervention, greater adaptability to react quickly to changes in the market and improved ability to monitor performance and demonstrate accountability, all of which will contribute to delivering a real impact to its business.
Chandrasekaran Ramamurthy, the CEO of Himalayan Re commented on the partnership with Eurobase, “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.”
With more than 30 years of experience and expertise in 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.
Joe Locke, the CEO of Eurobase said, “We are so pleased to be partnering with Himalayan Re. 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.”
Himalayan Re is the first private sector reinsurance company established in the Republic of Nepal. The company offers Reinsurance support to Life and General Insurance Companies in Nepal and overseas.
Eurobase is a leading international software and services provider of re/insurance solutions.
Companies like Fram Mutual Re have already gone live with the new reinsurance platform.