Himalayan Re invests in Eurobase technology platform to support its reinsurance operations

Himalayan Re has invested in Synergy2 – Eurobase’s leading platform for global reinsurers, to support its end-to-end reinsurance operations.

The Synergy2 platform is a release-based solution helping reinsurers achieve sustainable, strategic growth in the digital age.

Himalayan Re selected Synergy2 to meet its deep functional requirements and deliver operational efficiency across the business.

The company noted that it was particularly impressed with the depth of capability in Synergy2 and how this could help the company grow.

Moreover, Synergy2 will be central to Himalayan Re’s reinsurance operations, positioned as an end-to-end solution while providing integration capability, analytics, and dashboard reporting across the entire business.

Commenting on the partnership with Eurobase, Sitaram Wagle, CFO of Himalayan Re, said:  It’s great that the board of the company decided to go with Eurobase. Accordingly, we expect the Synergy2 platform provided by Eurobase to meet all our business requirements; from end-to-end processing to complex business analytics and reporting.  We understand that Eurobase is well known for its post-implementation support and we look forward to the long-term partnership with them.”

Joe Locke, CEO of Eurobase Insurance Solutions, added: “Eurobase is excited to welcome Himalayan Re into our growing community of reinsurers. Working with start-ups gives us great pleasure as we are able to grow our partnership and offering as the relationship and needs develop. We look forward to building a strong and strategic partnership that will facilitate the growth of its reinsurance business over the years.”