Web Connectivity Limited (WCL), a Zywave company, has announced the launch of its industry-first enhanced digital platform for Treaty risk placement in Bermuda.
It provides reinsurers with a single user interface to view and interact with broker submissions, automatically ingest large modelling files without downloading from broker systems, and access standardised data formats based on ACORD GRLC ePlacing standards. The result is a consistent, scalable process for all parties involved.
This creates new efficiencies for underwriters navigating the growing number of bespoke broking platforms, which often complicate downstream workflows in accessing risk data and managing submission files.
The platform went live last week for Ark Bermuda and Vantage Risk, in conjunction with Aon’s Reinsurance business, which is pioneering this new operating model for processing digital Treaty placements.
Troy Hughes, Global Director of eCommerce at Aon, said, “Having an end-to-end solution from placing through settlement has been a long-term goal of the industry.
“This initiative represents a great achievement toward a true data-first marketplace that empowers insurer clients with more real-time insights, greater transparency and improved efficiency when optimizing reinsurance placements.”
James Willison, Managing Director of WCL, said, “The successful pilot in 2025, and our recent go-live, represent a significant step toward creating a truly digital marketplace in Bermuda.
“We’ve worked closely with brokers and carriers on the island to deliver digital accounting, settlement, and claims solutions—and this new platform answers a clear need for a simplified, digital way to access and manage risk submissions.”
Additional brokers, including Lockton Re, are scheduled to onboard by early 2026, with RenaissanceRe also set to join in due course.
“This is a proud moment for our team and the market,” said Casey Chlebek, Head of Underwriting Operations from Ark Bermuda. “We’ve worked hard to bring this vision to life, and we’re excited to be at the forefront of this industry-first initiative.”
“Placing is the next digital frontier, requiring transformation in technology and process alike,” added Clarissa Montecillo, Managing Director – UK, ACORD. “We are proud to provide the ACORD community and the global (re)insurance market with the data standards to provide that foundation for a truly interconnected digital ecosystem.”
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