Supercede
68 King William Street, London, England, EC4N 7HR, United Kingdom
Overview
Supercede offers a reinsurance technology platform that automates and optimises the reinsurance process, enabling improved risk management, optimised coverage, and enhanced pricing outcomes. The platform enhances data preparation and deal management to make reinsurance teams more effective and profitable. It represents over 140 member companies globally, including insurers, brokers, and reinsurers. The company intends to use new funding to expand its team and to enhance platform development and implementation. Founded in 2019 and led by CEO Jerad Leigh, Supercede is based in London, UK. Riskbook builds a Lloyd’s-recognised digital placement platform that enables the seamless flow of actuarial-grade data across the reinsurance value chain. The platform is flexible across all non-life products and lines of business and currently supports a broker-to-reinsurer interface. The company plans further enhancements to that broker-reinsurer interface and intends to launch a service for cedents to automate preparation and validation of submission exhibits in collaboration with brokers. Riskbook was co-founded by Jerad Leigh (formerly of TigerRisk and Aon), Ben Rose (formerly of Aon and Lloyd’s) and technical co-founder Jezen Thomas (CTO). The company is based in London and previously secured initial funding in 2019 following beta testing with the U35s reinsurance group and additional investment from the Norton Rose Fulbright Insurathon. It has raised seed funding to continue product development.
- Total raised
- $18M
- Funding rounds
- 2
- Latest round
- Series A
- Latest activity
- Jun 2024
Industries
- Analytics
- Information Technology
- InsurTech
- Software
Recent funding
Series A
Jun 2024
$15M
Seed
Sep 2020
$3M