{"id":9277,"date":"2024-11-05T10:29:58","date_gmt":"2024-11-05T10:29:58","guid":{"rendered":""},"modified":"2025-09-04T12:06:46","modified_gmt":"2025-09-04T12:06:46","slug":"advantagego-delivers-end-to-end-reinsurance-and-ils-solution-to-multistrat","status":"publish","type":"post","link":"https:\/\/www.advantagego.com\/en-us\/content\/advantagego-delivers-end-to-end-reinsurance-and-ils-solution-to-multistrat\/","title":{"rendered":"AdvantageGo delivers end-to-end reinsurance and ILS solution to manage, operate and grow MultiStrat"},"content":{"rendered":"\n<p><strong><em>MultiStrat leverages AdvantageGo Underwriting Workbench for improved Operational Efficiency, Underwriting Productivity and Better Decision-Making<\/em><\/strong><\/p>\n\n\n\n<p><strong>LONDON &amp; BERMUDA: November 5th 2024<\/strong>\u00a0\u2013 AdvantageGo, a global commercial insurance and reinsurance software provider, today announces that it is to implement a holistic Reinsurance and ILS solution \u2013 with the AdvantageGo Underwriting Workbench sitting at the centre \u2013 for MultiStrat, a reinsurance group headquartered in Bermuda specialising in insurance-linked (ILS) and casualty linked securities (CLS).<\/p>\n\n\n\n<p>The AdvantageGo Underwriting Workbench is AdvantageGo\u2019s flagship platform which enables enterprise scale underwriting through a single pane of glass. The workbench increases workflow efficiency to meet critical deadlines through centralised visibility, management, and administration. Automation of low-value tasks and workflow orchestration improve underwriting efficiency.<\/p>\n\n\n\n<p>The workbench revolutionises the <a href=\"https:\/\/www.advantagego.com\/en-us\/content\/advantagego-ingestion-brochure\/\" target=\"_blank\" data-type=\"link\" data-id=\"https:\/\/www.advantagego.com\/en-us\/content\/advantagego-ingestion-brochure\/\" rel=\"noreferrer noopener\">ingestion and integration of data and analytics<\/a> from a range of internal, client, broker and third-party sources, ultimately driving more informed underwriting decisions with curated, contextual insights.<\/p>\n\n\n\n<p>MultiStrat is a unique specialty reinsurance and capital advisory firm, delivering custom risk solutions for protection, capacity and growth for clients through its broker partners.<\/p>\n\n\n\n<p>MultiStrat provides a platform for alternative asset managers, family offices, pension funds and other institutional investors to invest in reinsurance through individual reinsurance transactions, diversified separately managed accounts, or by creating independent reinsurance companies.<\/p>\n\n\n\n<p>MultiStrat chose the <a href=\"https:\/\/www.advantagego.com\/en-us\/products\/underwriting\/\" target=\"_blank\" rel=\"noreferrer noopener\">AdvantageGo Underwriting Workbench<\/a> for a number of reasons, including:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Workflow orchestration and insight, across MultiStrat\u2019s underwriting, actuarial and capital management teams, supporting the exacting requirements of decision-support for an ILS Underwriter;<\/li>\n\n\n\n<li>Integration with Aon\u2019s leading pricing tool (Tyche), supporting the reinsurance casualty rating process;<\/li>\n\n\n\n<li>Greater efficiency throughout the underwriting process through automation of cross-team data capture and tasks, aligning to MultiStrat\u2019s workflows;<\/li>\n\n\n\n<li>Advanced data extraction capability from complex commercial insurance documents;<\/li>\n\n\n\n<li>An integrated general\/technical ledger; and<\/li>\n\n\n\n<li>Document generation capability.<\/li>\n<\/ul>\n\n\n\n<p>Integration capabilities with third party systems provide end-to-end automation of submission ingestion, underwriting, capital management and investor profiling to meet the need for rapid underwriting alignment to capacity allocation. This deployment of the AdvantageGo Underwriting Workbench will benefit from the broad capabilities across the <a href=\"https:\/\/www.advantagego.com\/en-us\/ecosystem\/\" target=\"_blank\" rel=\"noreferrer noopener\">AdvantageGo Ecosystem<\/a>, particularly by utilising Insurants\u2019 AI-driven data extraction tool for automated data transformation, data triage prior to Workbench risk generation.<\/p>\n\n\n\n<p>Ian Summers, Global Business Leader, AdvantageGo, commented:<\/p>\n\n\n\n<p>\u201cI\u2019m pleased to announce this partnership with an innovative Bermuda market specialty (re)insurance organisation such as MultiStrat. Combining insurance linked securities (ILS), casualty reinsurance business, and capital market investors, will be a great canvas to get the most out of AdvantageGo\u2019s Underwriting Workbench.\u201d<\/p>\n\n\n\n<p>Kier James, CUO, MultiStrat, commented:<\/p>\n\n\n\n<p>\u201cWe\u2019re delighted with our partnership with AdvantageGo. MultiStrat is currently undergoing a phase of rapid growth, and we believe that our partnership with AdvantageGo will allow us to better service the needs of our investors, clients and broker partners.\u201d<\/p>\n\n\n\n<p><strong>About AdvantageGo<\/strong><\/p>\n\n\n\n<p>AdvantageGo helps insurance companies to look from an increasingly precarious future back to today. The difference is clarity. And profit. By bringing the future more efficiently and effectively into the present, we position insurers\u00b4 profits at the heart of their business \u2013 today, not tomorrow. Our pioneering platform and 25 years of experience mean AdvantageGo offers insurers the IT agility they need to create an intelligent digital strategy.<\/p>\n\n\n\n<p>Learn more at&nbsp;<a href=\"https:\/\/www.advantagego.com\/en-us\/\" target=\"_blank\" data-type=\"link\" data-id=\"https:\/\/www.advantagego.com\/en-us\/\" rel=\"noreferrer noopener\"><strong>www.advantagego.com<\/strong><\/a><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>About Sapiens<\/strong><\/h3>\n\n\n\n<p>Sapiens International Corporation (NASDAQ and TASE: SPNS) is a global leader in intelligent SaaS-based software solutions. With Sapiens\u2019 robust platform, customer-driven partnerships, and rich ecosystem, insurers are empowered to future-proof their organizations with operational excellence in a rapidly changing marketplace. Our SaaS-based solutions help insurers harness the power of AI and advanced automation to support core solutions for property and casualty, workers\u2019 compensation, and life insurance, including reinsurance, financial &amp; compliance, data &amp; analytics, digital, and decision management. Sapiens boasts a long-time global presence, serving over 600 customers in more than 30 countries with our innovative offerings. Recognized by industry experts and selected for the Microsoft Top 100 Partner program, Sapiens is committed to partnering with our customers for their entire transformation journey and is continuously innovating to ensure their success.\u202f\u202f\u202f&nbsp;<\/p>\n\n\n\n<p>For more information, please visit\u202f <a href=\"https:\/\/sapiens.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/sapiens.com<\/a><\/p>\n\n\n\n<p><strong>About MultiStrat<\/strong><\/p>\n\n\n\n<p>MultiStrat is a specialty reinsurance group headquartered in Bermuda that writes both prospective and retrospective casualty reinsurance sourced through select reinsurance intermediaries. MultiStrat, working with its investment broker dealer partners, places casualty Insurance Linked Security (ILS) transactions with alternative investors. MultiStrat\u2019s reinsurance and capital advisory teams operate through both its Bermuda based Class 3A segregated accounts company and insurance agency, and Garden Insurance, its Vermont protected cell company.<\/p>\n\n\n\n<p>Learn more at <strong><a href=\"https:\/\/www.multistrat.com\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">www.multistrat.com<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>MultiStrat leverages AdvantageGo Underwriting Workbench for improved Operational Efficiency, Underwriting Productivity and Better Decision-Making LONDON &amp; BERMUDA: November 5th 2024\u00a0\u2013 AdvantageGo, a global commercial insurance and reinsurance software provider, today announces that it is to implement a holistic Reinsurance and ILS solution \u2013 with the AdvantageGo Underwriting Workbench sitting at the centre \u2013 for MultiStrat, [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":7091,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"ep_exclude_from_search":false,"footnotes":""},"categories":[8,26],"tags":[25,33,11,39,14],"line-of-business":[],"class_list":["post-9277","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-press-releases","category-latest-insights","tag-ecosystem","tag-ils","tag-ingestion","tag-reinsurance","tag-underwriting-workbench"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.advantagego.com\/en-us\/wp-json\/wp\/v2\/posts\/9277","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.advantagego.com\/en-us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.advantagego.com\/en-us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.advantagego.com\/en-us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.advantagego.com\/en-us\/wp-json\/wp\/v2\/comments?post=9277"}],"version-history":[{"count":0,"href":"https:\/\/www.advantagego.com\/en-us\/wp-json\/wp\/v2\/posts\/9277\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.advantagego.com\/en-us\/wp-json\/wp\/v2\/media\/7091"}],"wp:attachment":[{"href":"https:\/\/www.advantagego.com\/en-us\/wp-json\/wp\/v2\/media?parent=9277"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.advantagego.com\/en-us\/wp-json\/wp\/v2\/categories?post=9277"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.advantagego.com\/en-us\/wp-json\/wp\/v2\/tags?post=9277"},{"taxonomy":"line-of-business","embeddable":true,"href":"https:\/\/www.advantagego.com\/en-us\/wp-json\/wp\/v2\/line-of-business?post=9277"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}