Effisoft Relocates in Response to Growth of its Reinsurance Software Business

The vendor reports that it needed more space in response to gained sales momentum in 2015 and 2016, including a key contract with Aon Inpoint.

(Image credit: Marc Averette.)

Effisoft USA, Inc., has moved from Dallas to Miami. The new headquarters houses additional staff who support U.S. insurers using Effisoft’s reinsurance management software. The vendor reports that it needed more space in response to gained sales momentum in 2015 and 2016. Effisoft says that another factor in its move has been a key contract with Aon Inpoint, which uses Effisoft’s WebXL software to power the Reinsurance Processing Services it provides to dozens of carriers.

Grégory Moliner, CEO, Effisoft, USA.

Grégory Moliner, CEO, Effisoft, USA.

“With the right team in Miami, the right partner in Aon, and a proven product, we look for steady growth in 2016 and for many years to come,” comments CEO Grégory Moliner. “Hundreds of North American insurers still use spreadsheets for reinsurance management. They need a real solution.”

Miami offers some key advantages, Moliner notes. “It has a booming IT industry and a substantial insurance industry. Miami has many direct flights to major cities in Europe and America. Since our international headquarters is in Paris, we also wanted to move to a city in the Eastern Time Zone.”

Effisoft USA (www.effisoftusa.com) is the North American division of Paris-based Effisoft. US clients include State Auto Insurance Companies, The Motorists Insurance Group and Aon Inpoint.

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Anthony R. O’Donnell // Anthony O'Donnell is Executive Editor of Insurance Innovation Reporter. For nearly two decades, he has been an observer and commentator on the use of information technology in the insurance industry, following industry trends and writing about the use of IT across all sectors of the insurance industry. He can be reached at [email protected] or (503) 936-2803.

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