Reinsurance innovation solutions provider Jireh and independent insurance company manager Strategy Risk Solutions (SRS) have launched OpIngen, a next-generation operational service for the reinsurance and insurance-linked securities (ILS) markets.
In an era of increasing data complexity, mandate growth, regulatory scrutiny and the need for scalable operational efficiencies, OpIngenl leverages a combination of proprietary technology, deep operational expertise and new structural models to deliver end-to-end reinsurance operational services.
“Just as capital-light structures have reshaped risk transfer, the industry now requires an operating model built for today’s complexity,” said Salvatore Tucci, CEO of OpIngen. “OpIngen is the evolution of this belief. We combine innovative process design, high-integrity execution and deep operational insights into a single, service-driven operating model.”
OpIngen’s core service, OpInFuse, provides a dedicated operations team that can be seamlessly integrated into customer workflows. This service offers the flexibility of outsourcing with the discipline and accountability of in-house functions.
It uses Jireh’s proprietary RePort™ technology platform to accurately execute and continuously improve breakout, boundary and authorization operations, reducing the need for oversight and improving overall operational integrity.
RePort’s advanced edge data ingestion and integration capabilities transform fragmented input into valuable, reusable assets.
By making high-quality cedant data available across all client systems and analytical tools, the platform supports better decision-making, tighter underwriting discipline and higher operational performance.
SRS explained that OpIngen grew out of Jireh’s operational experience and was developed after it was discovered that manual processes and fragmented data in reinsurance were leading to errors and the loss of valuable cedant data, leading to Jireh’s RePort™ platform.
The SRS collaboration enables OpIngen to scale this capability globally, providing reinsurers and ILS funds with the necessary governance, infrastructure and credibility.
“OpIngen provides the operational ecosystem that reinsurers have long needed but never had access to,” said Jonathan Reiss, Chairman of Bermuda Strategic Risk Solutions. “By combining Jireh’s innovation with SRS’s global reach, governance and industry trust, we are delivering a modern operational services engine that empowers lean start-ups and established organizations.”
“Reinsurers all want the same outcome – to fix their operations,” Tucci added. “But even as AI advances, technology solutions often fall short of the mark. This is not because the solutions are inherently bad, but because integrating them into complex organizations is difficult, and the technology itself is not a panacea for the fragmented operating foundations prevalent across the value chain.”
The conclusion: “That’s why OpIngen offers reinsurance operations services, powered by our own technology and operational expertise. Our mission is simple: give reinsurers the engine they need to operate with confidence, clarity and competitive advantage.”