Neon selects TigerRisk pricing and roll-up tool

Specialist Lloyd’s insurer Neon has selected TigerRisk Partners’ TigerEye platform as its pricing and roll-up tool to support its growth in the property reinsurance marketplace.

TigerEye was developed five years ago and is now being licensed as a structuring and portfolio management tool for a range of insurers, reinsurers, collateralised funds and model vendors.

Darren Lednor, chief underwriting officer of Neon, said: “Key to our success in the property reinsurance market will be advanced analytics, and for that reason we have selected TigerEye.

“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.”

Tom Daly, chief technology officer at TigerRisk, added: “We’re pleased to support Neon’s entry into the treaty reinsurance space and look forward to providing them with industry leading analytical capabilities.”