Eurobase Insurance Solutions, a global software and services provider to specialty and reinsurance markets, announced its platform, synergy2, this week at the ACORD LOMA conference in Las Vegas.

The new synergy2 is designed to serve insurers with an end-to-end insurance administration platform, which is built to be configurable to clients’ business needs, from ‘paint your own screens’ to governance and business process workflow.

According to Eurobase, synergy2 automates and measures the complete business lifecycle, from first notice of loss to final settlement, with “build your own system” capabilities for clients.

The platform works for property, motor, casualty, aviation, marine and other international, and specialty lines. synergy2 operates across multiple currencies and regions; supports ACORD messaging and is easily interfaced with third party systems and mobile devices through 200 Web services.

Synergy2 has been recently been implemented as Saudi Re’s end-to-end reinsurance processing system; selected by Horseshoe Group for its underwriting platform, and will shortly be implemented by captive insurer, VICO.

John Wilson, CEO of Eurobase International Group commented, “We are delighted to demonstrate our commitment to the market through our substantial investment in synergy2. The market is already responding very positively to the product.”

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