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Eurobase signs Arch Re Fac

12 April 2011  |  2376 views  |  0 Source: Eurobase

Arch Re Facultative Underwriters (Arch Re Fac), a property facultative reinsurance provider based in the USA, has chosen Eurobase's Synergy insurance solution for its global operations.

Arch Re Fac, part of the Arch Capital Group, is one of the largest writers in North America. When assessing potential solutions in the market, Arch Re Fac determined that Eurobase's Synergy underwriting module in partnership with GildedTree's GildedQRS rating tool would provide an enterprise-class solution for underwriting and rating.

The Chief Operating Officer for Arch Re Fac, Phil Augur, said: "It was striking how complementary Synergy and QRS could be, with very little overlap that would be wasted. We are very pleased both firms were open to a collaborative effort for our benefit."

Stuart Pembery, Insurance Sales Director for Eurobase, said: "This modern and innovative collaboration will give Arch Re Fac a unique advantage in its ability to process and underwrite prop fac business from submission through to certificate."

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