Your Submission Pack Is Costing You Capacity | TRP #142
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Your Submission Pack Is Costing You Capacity | TRP #142
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We explore how cedents and brokers can use stronger submission packs to actively influence reinsurance pricing. From showcasing portfolio quality to shifting negotiations in your favour, we break down how better information actually moves rates.
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OUTLINE & TIMESTAMPS:
00:00 Intro
03:54 Digital Transformation in Reinsurance
06:10 How Underwriters Use Information Today
09:00 Data Challenges Across Different Classes
12:41 The Role of Brokers in Market Strategy
15:14 Winning Extra Capacity and Rate Movements
18:34 Impact on Reinsurers' Portfolios and Protection
21:17 Wrap-Up and Call to Action