{"id":1281,"date":"2025-07-10T13:00:53","date_gmt":"2025-07-10T13:00:53","guid":{"rendered":"http:\/\/www.xinetica.com\/?p=1281"},"modified":"2025-07-10T14:33:02","modified_gmt":"2025-07-10T14:33:02","slug":"supercede-introduces-free-lloyds-srs-return-automation-following-cohort-14","status":"publish","type":"post","link":"http:\/\/www.xinetica.com\/index.php\/2025\/07\/10\/supercede-introduces-free-lloyds-srs-return-automation-following-cohort-14\/","title":{"rendered":"Supercede introduces free Lloyd\u2019s SRS return automation following Cohort 14"},"content":{"rendered":"

Supercede, the reinsurance technology platform, has introduced a new feature that automates the production of Lloyd\u2019s Syndicate Reinsurance Structure (SRS) returns.<\/p>\n

\"supercede-logo-new\"The feature was developed following Supercede\u2019s involvement in Cohort 14 of the Lloyd\u2019s Lab Accelerator, which included a focus on enhancing reinsurance workflows for the Lloyd\u2019s market.<\/p>\n

Addressing a commonly cited bottleneck in the market, the new capability transforms validated reinsurance deal data already managed within Supercede into CSV files ready for direct upload.<\/p>\n

According to Lloyd\u2019s Lab mentors, 70% identified the SRS return process as an area needing attention.<\/p>\n

By removing manual work from mid-year and year-end reporting, the tool aims to reduce friction and save time for market participants. This feature will be provided free of charge to all current Supercede clients.<\/p>\n

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\"Register<\/a><!–\"Download<\/a>–><\/p>\n<\/div>\n<\/div>\n

\u201cThe SRS return is one of those small-but-painful processes that\u2019s universally dreaded across the market,\u201d said Ben Rose, President and Co-Founder of Supercede.<\/p>\n

\u201cThrough our experience in the Lab, we realised we could solve it elegantly using data we already capture during placement. It\u2019s a small example of how digitising reinsurance can deliver practical value – even in unexpected places.\u201d<\/p>\n

The launch of this functionality is just one outcome of Supercede\u2019s recent collaboration with Lloyd\u2019s Lab. Drawing on industry feedback during the programme, the company also began shaping a larger initiative aimed at improving how reinsurance data is exchanged after placement. This effort is intended to support better contract continuity and seamless collaboration between cedents, brokers, and reinsurers.<\/p>\n

Supercede is currently developing this new solution with two partners and is now seeking four more companies to join a limited collaboration group. These participants will help influence the direction of the project and ensure it meets real market needs.<\/p>\n

Rosie Den\u00e9e, Head of Innovation, Commercial Education and Events, Lloyd\u2019s added: \u201cSupercede\u2019s new product exemplifies the type of innovation we\u2019re proud to have supported through the Lloyd\u2019s Lab. Their solution demonstrates how technology can help streamline our most traditional processes, paving the way for a more efficient, digitally-enabled marketplace.\u201d<\/p>\n

The post Supercede introduces free Lloyd\u2019s SRS return automation following Cohort 14<\/a> appeared first on ReinsuranceNe.ws<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Supercede, the reinsurance technology platform, has introduced a new feature that automates the production of Lloyd\u2019s Syndicate Reinsurance Structure (SRS) […]<\/p>\n","protected":false},"author":1,"featured_media":1283,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[14],"tags":[],"_links":{"self":[{"href":"http:\/\/www.xinetica.com\/index.php\/wp-json\/wp\/v2\/posts\/1281"}],"collection":[{"href":"http:\/\/www.xinetica.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.xinetica.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.xinetica.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.xinetica.com\/index.php\/wp-json\/wp\/v2\/comments?post=1281"}],"version-history":[{"count":3,"href":"http:\/\/www.xinetica.com\/index.php\/wp-json\/wp\/v2\/posts\/1281\/revisions"}],"predecessor-version":[{"id":1285,"href":"http:\/\/www.xinetica.com\/index.php\/wp-json\/wp\/v2\/posts\/1281\/revisions\/1285"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/www.xinetica.com\/index.php\/wp-json\/wp\/v2\/media\/1283"}],"wp:attachment":[{"href":"http:\/\/www.xinetica.com\/index.php\/wp-json\/wp\/v2\/media?parent=1281"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.xinetica.com\/index.php\/wp-json\/wp\/v2\/categories?post=1281"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.xinetica.com\/index.php\/wp-json\/wp\/v2\/tags?post=1281"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}