OWIT Global has selected OWIT’s Bordereaux Management Solution in the United Kingdom to develop and streamline the consumption of disparate data and its onboarding process.
The Bermuda-based international reinsurer has more than $9 billion in total capital, according to an OWIT press release. The company supports file ingestions, data transformation, and external validations to other services.
“We are delighted to welcome such a respected reinsurer as a new OWIT customer and partner and humbled by the trust placed in OWIT to deliver such a strategically critical solution to support their aggressive global growth plans,” President of EMEA and Chief Revenue Officer, Julian James, said in the release.
OWIT Global selected OWIT’s Bordereaux Management Solution to accelerate and streamline the processing of bordereaux-based business dramatically, according to the release.
“We are truly excited by the industry’s response to our new offering to the market and continue to invest heavily in the next generation of technology to deliver unsurpassed business benefits to our customers," James said in the release.
OWIT Global specializes in insurance microservices, the release stated.
"Each OWIT solution is built on a collection of microservices that allow for unprecedented reusability to deliver an array of additional solutions to solve pressing pain points for both immediate and longer-term business benefits," OWIT officials said.