Ocean re adopts new strategies to boost operations, Modern workplace design, Architecture

Ocean Re adopts new strategies to boost operations

12 August 2024

With the goal of promoting a data-driven culture throughout the organization and celebrating its 18th anniversary, Ocean Re organized a Data Town Hall, driven by its commercial team. This event was conceived as a platform to connect employees and industry partners, showcasing the advances and projects related to data analytics that the company is implementing.

At Ocean Re, continuous improvement of the customer experience and innovation are key priorities. The recent data project represents a significant breakthrough, enabling the company to leverage data analytics to revolutionize service delivery and offer customized solutions that better meet the individual needs of its clients.

Moreover, this data-driven approach offers several additional advantages. Among the expected benefits are the ability to mitigate risks, optimize operations and make informed decisions across all business domains. From improving operational efficiency to uncovering new opportunities for growth and innovation, the use of data promises to transform numerous facets of the business.

During the event, a series of presentations highlighted the benefits of this approach. Ocean Re global commercial director Simone Camilla, along with Andree Ducruet, sales business analyst, Demetrio Hurtado, vice president of IT, and Daphne Herrera of Business Process & Innovation, led the discussions. These outstanding leaders explained how each member of the organization can contribute to establishing a data-driven culture and discussed ongoing projects that are related to this initiative.

The event also featured a special segment dedicated to recognizing employees with more than 10 years of service at Ocean Re, led by Human Resources Director Benjamin Sanchez and HR Manager Ginevra Downs. During this ceremony, these employees were recognized and thanked for their valuable contributions over the years.

Additionally, Ocean Re was honored to have the participation of esteemed industry partners, including Luis Paternina, CPCU, ARe, AU, and Jose Pardo-Figueroa from Liberty Mutual, Liberty Specialty Markets Latam.

These special guests shared success stories and valuable experiences, illustrating how data analytics has transformed their organizations and improved their processes.Their testimonials inspired attendees and provided practical insights on implementing data-driven strategies in the insurance industry.About Ocean Re

Founded in 2006, Ocean Re has operated with a mission to provide accurate reinsurance solutions tailored to the complex needs of its clients, with a constant focus on protecting the most valuable assets.Since its inception, the company has prioritized building long-term relationships, evidencing its genuine commitment to providing security and peace of mind to its employees.With operations in more than 135 countries and strategic markets, Ocean Re has taken a significant step forward by transforming its corporate image in 2024.

This renewal marks a turning point in its history, underscoring its proactive approach and the core values that have guided it since its founding.

Consistent dedication to excellence, innovation and sustainability has been a pillar in its trajectory, enabling it to deliver high-quality programs and reinforce its reputation as a trusted partner in an ever-changing business environment.

Ocean Re has recently received a favorable review from global insurance credit rating agency AM Best. This review has upgraded the company’s outlook to positive and confirmed its solid Financial Strength Rating (FSR) of “A-” (Excellent) and its Long-Term Issuer Credit Rating (ICR) of “A-” (Excellent). These ratings reflect not only Ocean Re’s financial strength and adequate operating performance, but also appropriate comprehensive risk management.

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