rewireconnect

2016 Trading Risk Award: rewireconnect, initiative of the year

REWIRECONNECT ONLINE MARKETPLACE: REWIRE HOLDINGS

Rewire Holdings launched its electronic marketplace rewireconnect in April 2015 and within a year had captured the entire ILS community and transacted more than $800MM of deals. The Platform’s proposition is to enable risk cedants to directly see investor response to a transaction rather than coming through the filter of their intermediary. It also ensures that all investors receive an equal opportunity to access transactions to create maximum price competition.

Judges commended Rewire’s platform as a fresh initiative that was trying to get the market moving, with big reinsurance buyers looking closely at the proposition.