“There are very few mid-sized insurance consulting firms with strong technology expertise. The big players do not offer value, as they are too pricey for the small and midsize carriers and the smaller consulting boutiques are not well equipped and don’t have the required experience. DataCede fills this void,” states Joseph Zarandona, CEO, DataCede. The company’s flagship solution is their automated reinsurance and administration system, CedeRight which is a SaaS reinsurance processing model.
Using this solution, companies of all sizes can manage their reinsurance exposures, identify recoveries, process ceded and assumed contracts, and access a comprehensive audit trail. With one monthly fee and no maintenance charges, CedeRight utilizes the newest technology and is cloud delivered. The solution automates bill production and provides a full audit trail for all calculations, produces statements, bordereaux, cover letters, footnotes, supporting details, and email integration. “CedeRight is the most sophisticated product in the market today and makes reinsurance
CedeRight is the newest, most sophisticated SaaS product in the market and makes reinsurance administration simple and easy to use
Looking ahead, DataCede will continue to launch cloud-based insurance products and grow their abilities to integrate disparate systems for carriers. “In the near term, we’re focused on working with our clients who have unique market challenges and cost pressures. We find that these clients, especially those who are personally invested in the success of their projects, not only challenge us technically but make the best partners. We firmly believe that by doing exceptional work, our clients directly benefit and refer us to others,” concludes Zarandona.