
Guy Carpenter today announced a new digital strategy, unveiling an innovative platform - GC Exchange℠ and its unique suite of electronic solutions, including GC MarketPlace℠ and GCReBID℠. "We continue to invest in advanced reinsurance transactions in a dynamic, consolidated view where all correspondence and submissions are organized in one place and in one format. This enables Guy Carpenter brokers to expertly advise clients, as they are able to track real time quoting behavior of individual markets and marketplaces and can be done by line of business and by region. GC MarketPlace℠ will strengthen its clients' decision making with enhanced, real-time access to their own unique data and analytics. Launched in January, this is the first platform of its kind and currently has over 2,500 reinsurance underwriters participating. GC Exchange℠ also features a solution designed primarily with Government and Public entities in mind, clients can access a real time electronic auction placement platform, GCReBID℠. For those entities subject to strict procurement rules, the instantaneous nature of electronic communication, the transparency of the reinsurance procurement and the auditable nature of the solution, make it a useful tool to demonstrate adherence to complex procurement regulations in which governments must operate. "This supports our Public Sector Specialty Practice that focuses on solutions to relieve the financial burden of natural and man-made catastrophes on government entities and taxpayers," commented Click here to register to receive e-mail updates>>