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Reinsurance e-business initiative of the year

01 November 2002

Inreon pulls away from the pack

Runners up: eReinsure; Swiss Re (various initiatives)

Since Inreon first went live at the end of 2000, it has not rested on its laurels. It has continued to add new products and services and adapted the original idea to suit its growing client base better. It added the capability to trade catastrophe excess-of-loss risks in November last year, could handle industry loss warranty contracts from February this year, and launched a facultative property product for the Taiwan market in March. In May, it also announced it had made some adjustments to make the platform more user-friendly. Inreon has made two acquisitions since it was formed. It bought Risk Transfer Exchange, a US trading platform, in June 2001. And in December of the same year it bought Reway, previously Gothaer Re's proprietary trading platform. Inreon's strong performance in the Reactions Awards should silence some of...

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