TigerRisk’s globalREmarket placement platform attracts another global broker, Willis Re
STAMFORD, CT, Oct 6, 2017 — Following the roaring success of globalREmarket (formerly X-gRm) over the past two years, TigerRisk Partners LLC (“TigerRisk”) is pleased to announce the formation of a new third-party company which will further develop this state-of-the-art reinsurance placement platform.
The new company, RePlace Holding LLC, has been established in conjunction with Willis Re, the reinsurance business of leading global advisory, broking and solutions company Willis Towers Watson (NASDAQ: WLTW). Rod Fox, TigerRisk CEO said: “We are extremely pleased to announce this initiative. This has been an important mission for us over the last several years.
Since the launch of globalREmarket in 2015, all TigerRisk business has been transacted through the platform and it’s proven hugely successful with our markets. Close to 1,000 users from over 200 reinsurance carriers are using the platform to see our business.” Jayant Khadilkar, Global Head of Analytics and Technology for TigerRisk said: “Providing information via multiple emails and FTP sites is inefficient and antiquated. It’s time the reinsurance industry pounced on digitization to deliver a better, faster product for the ultimate benefit of clients. We are proud to be at the forefront of that evolution.”