Ariel Re chooses Xuber
Xuber, Xchanging’s insurance software business, has secured a contract with property and casualty (P&C) reinsurer Ariel Re.
The six year contract will see the rollout of Xuber’s reinsurers solution suite for Ariel Re’s Lloyd’s and Bermuda businesses to support its business and further growth. The suite includes Xuber Policy, Xuber Claims, Xuber Billing and Xuber Ceding.
Xuber is working in partnership with Deloitte in delivering the implementation and migration services.
Simon Lyon, chief information officer, Ariel Re, said: “Following a two-month on-site study to map our exact requirements and our analysis of other software providers, we are pleased with our decision to select Xuber and Deloitte to implement Xuber as our new re/insurance software platform.
“We believe this will provide us with a world-class solution designed for the future through its fully integrated, end-to-end structure that can scale and adapt to our growth strategy across markets.”
Chris Baker, executive director of Xuber, added: “We are thrilled to be entering this relationship with Ariel Re as the organisation moves into the next exciting phase of growth.
"Xuber’s functional richness and fit for purpose architecture will provide Ariel Re with the flexibility, agility and global capability to forge ahead with its international business strategy as well as enhancing customer service for the Lloyd’s and Bermuda markets.”