Date: September 30, 2026
Location: Dubai, UAE

A planned digital approach to reinsurance placement is being developed to help cedants organise risk submissions and manage placement activity through a connected workflow. Scheduled to launch in early 2027, the platform is being designed with a focus on facultative reinsurance and the needs of organisations operating across the MENA region.

Reinsurance placement can involve detailed risk information, multiple stakeholders, changing terms and extensive communication. When information moves between emails, spreadsheets and separate processes, maintaining visibility across the placement journey can become difficult. A structured digital workflow can help bring key activities closer together while allowing professionals to remain involved in decisions that require judgement and expertise.

The planned platform will support a more organised route from initial risk submission through market engagement, quotation, negotiation and binding. Its capabilities will include digital risk submissions, AI-powered data extraction, appetite matching, risk summaries and analytics, quotation management, quote and counteroffer tracking, negotiation support, binding workflows and document issuance.

The platform will also be designed to provide secure collaboration and greater visibility during placement. By bringing relevant information and activity into a connected environment, it will aim to reduce fragmented communication and make progress easier to follow. Planned capabilities will organise placement activity while leaving risk and commercial decisions to professionals.
Facultative reinsurance is becoming increasingly relevant to insurers managing complex risks, capacity requirements and growth opportunities. According to the Facultative Reinsurance Report 2026 by Willis, a WTW business, conducted in partnership with Coleman Parkes Research, 60 per cent of insurers expect to increase their use of facultative reinsurance over the next two years. The survey received responses from 380 senior insurance decision-makers. This finding highlights the growing role of facultative solutions and the importance of efficient placement processes.

For cedants, structured submissions can be particularly valuable when a risk requires detailed information and consideration by multiple potential reinsurers. A reinsurance platform for cedants will be designed to organise submission data in a consistent format, helping relevant information move through the placement process with greater clarity. Planned risk summaries and analytics will also support a more structured understanding of the information presented during market engagement.
Appetite matching is another planned capability intended to address a common challenge in facultative placement. Instead of relying solely on manual searches and repeated communication, the platform will be designed to compare submitted risk information with defined appetite criteria. This approach is intended to help identify potentially relevant market participants while keeping professional oversight within the placement process.

The quotation stage can also involve multiple exchanges as reinsurers respond, terms are reviewed, and changes are negotiated. The platform will be designed to support quotation management, including quote and counteroffer tracking, so relevant activity can be organised within the same workflow. This can create a clearer record of discussions and help participants follow how placement terms develop.

Negotiation and binding will form further parts of the planned workflow. Once terms are being considered, the platform will support structured collaboration around negotiations before moving towards binding and document issuance. These capabilities are being designed to create continuity between earlier placement activities and later stages, rather than requiring users to move between disconnected tools.

A digital solution for facultative reinsurance placement can also support more consistent information handling across different classes of business. The planned platform is being developed to accommodate lines including Energy, Financial Lines, Cyber, Construction, Heavy Industries, Marine Cargo, Specie, General Lines, Event Cancellation, Medical Malpractice, Political Violence and Kidnap & Ransom. The planned scope reflects the varied nature of risks that can require facultative placement and the detailed information associated with them.

The platform is also being designed around the MENA reinsurance market. Its planned model focuses on creating a digital environment where cedants and reinsurers can engage around structured risk information and placement activity. The intention is not to replace professional expertise, but to make collaboration and information flow more organised. This approach can be particularly useful when complex placements require several discussions, document exchanges and changes before terms are finalised.

Data handling will be another important part of the planned platform. AI-powered data extraction is intended to help process information from risk submissions, while risk summaries and analytics will provide structured views of relevant details. Secure collaboration features will support controlled communication, and document issuance capabilities will help connect agreed placement outcomes with the necessary documentation.

For organisations managing multiple submissions, visibility matters alongside speed across placements. A connected workflow can make it easier to understand where a submission stands, which quotations have been received, what terms have changed and which actions remain outstanding. Planned real-time placement visibility is intended to support this need by bringing key placement activity into a more accessible digital environment.

The development of digital reinsurance workflows also reflects a wider shift towards better data use and more connected market engagement. As facultative reinsurance becomes an increasingly strategic tool for insurers, placement processes need to accommodate detailed risk information while supporting efficient communication between participants. Digital infrastructure can contribute by structuring information and reducing avoidable process fragmentation.

For cedants and market participants looking to organise facultative placement activity through a more connected digital workflow, the planned platform is being developed to provide a structured environment for managing key stages of the placement journey. Its planned capabilities are intended to support clearer submissions, more organised market engagement and improved visibility from risk submission through placement completion.

About the Platform

The platform is a planned digital reinsurance placement solution designed to support a more connected approach to facultative reinsurance workflows. Scheduled to launch in early 2027, it is being developed to support digital risk submissions, AI-powered data extraction, appetite matching, risk summaries and analytics, quotation, negotiation, binding and document issuance. The platform is intended to support cedants and reinsurers, particularly across the MENA market, through a structured digital environment for reinsurance placement activity.