Specialty insurer Neon has selected TigerRisk Partners’ TigerEye software as its new underwriting analytics platform, the company announced today.
TigerEye will serve as Neon’s pricing and roll-up tool as the London-based insurer enters the property reinsurance treaty market. According to the company, TigerRisk’s analytics capabilities will be a big component of their eventual success in the reinsurance business.
“We see opportunity in treaty reinsurance and are confident that the underwriting expertise we have in house, combined with market leading analytics afforded to us through the use of TigerEye, will allow us to develop strong and mutually beneficial reinsurance partnerships,” said Darren Lednor, chief underwriting officer at Neon, in a statement.
Neon operates in Lloyd’s specialty insurance marketplace in London and is a subsidiary of American Financial Group, Inc.
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