#5 - (Re)insurance Technology: Build, Buy, or Rent

Jerad and Ben take us down the unfamiliar road of reinsurance technology and discuss the question of build, buy, or rent. Find out which is the better route for (re)insurance firms while learning about the pitfalls companies should try to avoid. CONNECT & SUPPORT: Website: https://www.supercede.com LinkedIn: https://www.linkedin.com/company/supercedehq Twitter: https://twitter.com/SupercedeHQ YouTube: https://www.youtube.com/channel/UCuzfykcesD0phGaCK7qB09Q RSS Feed: https://anchor.fm/s/7e741c8c/podcast/rss OUTLINE & TIMESTAMPS: 00:00 Intro 02:20 What Is Reinsurance 04:16 Reinsurance Enabling Insurance 06:32 Build Versus Buy 08:15 Pricing Accuracy Through Technology 09:14 Escaping Legacy Systems 11:50 Complexities of Mergers & Acquisitions 16:48 Building In-House Technology 19:15 Analogy Battle: Building Reinsurance Technology 24:04 The Software-as-a-Service (SaaS) Model 30:01 Sharing Tools within Reinsurance