Former Allianz head of programs launches Stere
Dogan Kaleli, a former Allianz executive, and author of the Future of Insurance newsletter on LinkedIn, has launched Stere, a digital ecosystem designed to tackle speed-to-market, capacity sourcing and other challenges faced by managing general agencies (MGAs), insurtechs and embedded insurance programs in a hardening market.
As Stere’s first available technology module, the Stere P3 program placement platform was designed in collaboration with program experts to increase program success rates by over 25 percent and to lower the carriers and reinsurers' financial and time investment in program scouting by at least 50 percent.
Stere P3 enables MGA/MGUs, insurtechs, and embedded insurance programs to source insurance capacity and access digital tools from top-rated participants. Via Stere P3, capacity providers, such as insurers, reinsurers, ILS funds, captives and brokers, access new, relevant opportunities with complete, easier-to-analyse submissions.
“The launch of Stere equips program owners with a superior selection engine, pairing human intuition with well-designed technology to increase success rates and speed-to-market, while creating growth opportunities for capacity providers,” said Dogan Kaleli, CEO of Stere.
“Stere’s program placement platform, Stere P3, tackles the capacity sourcing challenges I experienced first-hand in my previous roles, and that the hardening market has now intensified."
Tom Gillingham, managing director and leader of MGA and MGU programs for NFP added: “The programs space is undergoing a renaissance, particularly in terms of digital transformation. Improving customer experience, launching new products, creating process efficiencies, and using data to enhance underwriting are key areas of focus for managed programs. This has sparked the creation of a digital ecosystem to support MGA/MGUs, insurtechs and program managers, and we’re excited to be working with Stere to move the industry forward.”
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