KoreanRe Insurance Services, inc. select Morning Data’s NOVUS platform to support reinsurance intermediary operations

London, October 2022. Morning Data can announce that as of October 2022, KoreanRe Insurance Services, Inc. Part of the KoreanRe the 10th Largest global reinsurance company, have selected the NOVUS core platform to facilitate the day-to-day processing of their treaty reinsurance policies.

The move by KoreanRe Insurance Services (KRIS) will be the first fully US based client to be added to the Morning Data portfolio.

On the successful conclusion to the selection process, Kirstin Duffield of Morning Data commented "We're delighted to announce the signing of our first purely US-based client and look forward to supporting an exciting and fast-growing organisation.".

Over an extensive search, KRIS had required a solution capable of handling complex reinsurance business that was scalable with the vision of the business. After a series of unsuccessful demonstrations with other vendors, Morning Data had been contacted in the hope that a platform could match the needs of KRIS.

A series of comprehensive demonstrations and requirement gathering sessions, KRIS felt that the NOVUS platform met all their requirements.

We look forward to working with the KRIS team, based in New Jersey, in assisting to expand their intermediary operations by reducing manual functions while assisting in the collection and processing of data.

About Morning Data

Established in 1985, Morning Data is a privately-owned, award-winning supplier of world-class software and service solutions for the global insurance industry. The family-run business enjoys a long and rich history in the insurance industry, and its involvement with Lloyd's dates back to the 1970's with the provision of the green vans between London and Chatham.

Today, Morning Data continues to deliver exceptional solutions to 30+ valued clients worldwide, including Brokers, MGAs, Coverholders, Insurers, Reinsurers and Captives across both start-ups and established operations.

About KoreanRe Insurance Services, Inc.

We are a subsidiary of KoreanRe, the 10th largest global reinsurance company.

We are an independent intermediary with decades of combined international experience providing a fresh alternative.

We specialise in servicing reinsurance and programme clients and ensure our clients come first.

We aim to make your buying experience, smooth, speedy and efficient.

We will simplify complex transactions and foster strong working relationships between our clients and their market.

Our job is to create lasting, mutually beneficial relationships between our clients and their markets.

We know our clients and their needs and understand our markets.

We offer a comprehensive service focused around our clients.

With a service based on decades of US market experience, our team will bring a fresh and innovative approach to placing your business.

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