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Front Re

How Front Re Streamlined Reinsurance Placement and Premium Distribution with Manit Labs

Empowering brokers with real-time visibility and automated workflows for multi-party placements and premium management

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Client Overview

Company Type: Broker-Reinsurer

Use Case: End-to-End Placement & Premium Distribution

Users: Placing Brokers, Reinsurers, Underwriters, Compliance Team, Claims Analysts

Modules Used:

  • Broker-Reinsurer Workspace
  • Contract Lifecycle
  • Claims
  • Accounting
Challenge

Front Re faced several inefficiencies across their placement and premium workflows:

Limited tracking of placement progress and reinsurer responses

Manual premium allocation across multiple reinsurers, leading to errors

Retrocession data was managed outside the core system, causing inconsistencies and lack of transparency

Solution

To address these challenges, Manit Labs implemented a tailored solution using key modules:

Broker-Reinsurer Workspace: centralized platform for placement tracking, reinsurer communication, and document version control

Configurable Risk Distribution Table: enabled automatic premium allocation by share, layer, and terms

Integrated Reporting Tools: provided real-time visibility into placement progress, premium flow, and contract lifecycle

Results

Real-time tracking of reinsurer responses and contracts

Accurate premium allocation by share and layer

Linked retrocession improves transparency and compliance

Faster reporting and internal financial reconciliation

Client Testimonial

“We needed a tool that could keep up with the way we structure and track complex reinsurance deals. ManitLabs delivered: intuitive, flexible, fast. The platform became a core part of our workflow and helped automate reporting without losing control. Most importantly, they truly get reinsurance. It feels like working with a partner, not just a tech vendor.
— 🇲🇾 Rizal Zakaria, CEO, Front Re

REAL RESULTS ACROSS
THE INSURANCE ECOSYSTEM

  • 35%

    Reduction in Case Handling

  • 2x


    Quicker Time-to-Quote

  • 70% 


    Faster Risk Validation

  • 92%


    Agent Satisfaction Score

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READY TO ACHIEVE
SIMILAR RESULTS?

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transforming their workflows with Manit Labs.

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