Aon Benfield, a reinsurance intermediary and capital advisor, is set to launch an application for its proprietary facultative placement platform, FAConnect.
Launched in late-2009, FAConnect was designed to allow ceding companies to directly connect with reinsurance markets, enabling them to quote and bind their facultative risk placements in under five minutes. The platform, which the company says currently accommodates 13 product lines, still can be accessed from any Internet-enabled device. The new app is intended to allow clients and markets to trade away from a desktop or laptop computer.
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