Lockton Re, the independent reinsurance broker with an office in Bermuda, has partnered with Bermudian-based Ariel Re, the global reinsurer, to enable placements via Lockton Re’s SageLink API-driven electronic placement system.

Claude Yoder, global head of Analytics at Lockton Re, said: “Continuing our investment in technology and innovation, Lockton Re has worked with Ariel Re to integrate their capacity to Lockton Re’s SageLink placement service.

“This will allow for better alignment of treaty analytics and visualisation features with reinsurer underwriting workflow management, producing new value for cedents.”

The company said SageLink is part of Lockton Re’s Sage platform, its patented interactive application that visually illustrates risk impacts on a book of business, enabling clients to better understand and manage risk in real-time with transparency.

Ryan Mather, Ariel Re’s chief executive, said: “Ariel Re is supportive of initiatives that bring efficiency and enhancement to trading platforms. This expansion in digital broking illustrates the innovation as well as the talented analytics and technology teams at both Ariel Re and Lockton Re.”