Time for change


As Netsett is unveiled to the market, the pioneers behind the technology, 
Paul Duffy, director, Capital Markets & Treasury Coverage at Deutsche Bank and 
Max Pell, managing director of Xchanging’s UK Insurance Business, explain why this unique platform is set to change the insurance industry for good.

Building   upon  a  technology   base  which 
can currently  be seen within  the London Market, Netsett—a strategic partnership between   Deutsche   Bank  and   Xchanging—can  substantially  increase  both  efficiency  and accuracy  for insurers.

Providing global accounting and net settlement through   the  use  of   structured   data,   Netsett facilitates  the  transfer  of  claims  and  premium data  both  within  global  insurance  groups  and between global cedants, brokers and carriers.

“We’ve taken part of what we do in London and re-platformed it to make it work globally,” says Max Pell, managing director  of  Xchanging’s  UK Insurance Business.

Deutsche Bank, Netsett

Intelligent Insurer