GreenieRE, an impact-driven reinsurer backing clean energy, has chosen INTX Re, the assumed reinsurance platform from INTX Insurance Software, to bring greater consistency to the premium, exposure and loss data it receives from a growing base of partners.
The reinsurer will use the bordereaux module of INTX Re to collect, standardise, check and oversee submissions from its insurance and programme partners in a more uniform way. The aim is to cut down on manual handling of data, make incoming information more dependable and tighten operational oversight as new programmes and counterparties come on board.
GreenieRE was up and running on the platform in under 60 days, with the first phase centred on bordereaux management. INTX said the speed of the rollout reflects its reinsurance operating know-how, specialised technology and structured delivery model, allowing GreenieRE to update its operations and see results sooner than it might with a conventional enterprise software project.
For assumed reinsurers, bordereaux act as an essential log of the risks underwritten, premiums declared and losses developing across a book of business. As the number of cedants and programmes increases, inconsistencies in data formats, reporting practices and granularity can make validation, oversight and financial reporting more difficult. This is particularly relevant for GreenieRE, which backs emerging energy technologies and risk structures where data may arrive in different formats or with little loss history, making reliable information central to disciplined underwriting, portfolio visibility and long-term growth.
While bordereaux management is the starting point, INTX Re is built to cover the wider assumed reinsurance lifecycle. Its functionality spans treaty and facultative administration, premium and loss accounting, claims, capacity management, multi-entity and multicurrency finance, and reporting, linking operational data to the contractual and financial commitments at the heart of a reinsurer’s business.
GreenieRE COO Amy Antczak said, “As we expand our network of insurers and program partners, we need a reliable way to bring that information together and put it to work. We selected INTX Re to build more consistency into how we manage bordereaux as our business grows.”
INTX Insurance Software CEO Rob Lewis said, “Bordereaux are not just files to clean. They are a starting point for understanding the premium, exposure and losses a reinsurer has assumed.
“INTX Re was built for the business beyond the file, connecting risk information to treaty obligations, financial control and portfolio performance. With INTX Re, organizations like GreenieRE can address an immediate need with technology designed for the wider assumed reinsurance enterprise.”
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