Why Post-Placement Still Breaks Reinsurance Deals | TRP #151
Description
The deal’s done… now the real work begins. In this episode, we dive into the post-placement problem haunting the reinsurance market. From ghostly data gaps to clunky legacy systems, we explore why post-placement processes break down — and what the industry must do to fix them before the next renewal cycle.
EPISODE LINKS:
Industry Survey (5 minutes at most!): https://form.typeform.com/to/IZw31ohOhttps://form.typeform.com/to/IZw31ohO
CONNECT WITH US:
Say Hello: producer@thereinsurancepodcast.com
Website: https://www.supercede.com
LinkedIn: https://www.linkedin.com/company/supercedehq
X: https://twitter.com/SupercedeHQ
YouTube: https://www.youtube.com/@SupercedeHQ
RSS Feed: https://anchor.fm/s/7e741c8c/podcast/rss
OUTLINE & TIMESTAMPS:
00:00 Intro
02:32 Reinsurance's Ghost Problem
04:29 The Forgotten Back Office
06:02 Complex Contracts
07:40 Everyone Fudging the Data (And Why It’s a Problem)
09:28 Data Lag & the Lloyd’s SRS Return Challenge
11:00 Manual Madness vs Modern Possibilities
12:17 Legacy Systems: Built in Basements, Breaking Today
14:04 When Innovation Breaks Everything
15:15 Audit Risk as a Catalyst for Change
16:47 Claims Leakage & the Real Cost of Sloppy Data
18:30 From Ghosts to F1: A Better Way to Collaborate
20:10 It’s Not About Ambition – It’s About Audit Panic
21:52 Better Outcomes via Better Systems
23:27 Efficiency is Never the Main Reason
24:36 We Don’t Even Know Who Finished the Race
25:50 Industry Survey: Tell Us We’re Wrong
28:00 Supercede’s Journey into Post-Placement Data
29:33 Final Thoughts
United States
