Relay Platform ("Relay") is designed to accelerate insurance (both complex and simple) and reinsurance placements (facultative, programs, treaty) by 50%,dramatically reduce re-keying and E&O, and integrate reporting across entire portfolios, for improved exposure, contract and claim management.
Relay is backed by American Family Insurance, NFP Ventures, Plug and Play Ventures and other investors. Relay is a finalist this Fall at the Insurance Insider Honours, Reactions Awards, ACORD Challenge and Insurtech North competitions. It was selected as a Top 10 Insurtech 2020 by Plug and Play and has been featured across key insurance media.
The Relay placement solution is used by several insurers (see testimonial video from CUNA Mutual Group), brokers and reinsurers to manage and transact risk transfers seamlessly. Relay differentiates itself by focusing on streamlining the tedious assembly phase of placements, providing a platform professionals want to use from start to finish.
Coupled with free connectivity to any capacity provider and the integration of all types of risk transfers in a single source of truth, Relay drives real user buy-in and delivers rapid top- and bottom-line benefits for a fraction of the cost of ownership of an internal built, through its co-label and white-label solutions. (Re)insurance teams can be up and running immediately through online sign-up - or benefit from the company's deep expertise in managing process transformations.