Rapid transfer of information increases the reinsurer and insurers ability to manage their reserves efficiently making optimum use of available capital. Yellowblox also enables correct underwriting decisions to be made at renewal based upon reliable, timely information.
The use of Yellowblox increases exponentially the speed of communication meaning better reserving position for reinsurers.
There will also be a higher level of focus for underwriting at renewal through analysis of claims and their movement over time along with better transparency in an increasingly regulated environment.
"Market Innovator
