Our Partners & Technologies

At Blue Ocean Reinsurance Group, we believe that technology is the backbone of efficient, transparent, and reliable operations. Our carefully selected partners enable us to streamline compliance, enhance client management, and provide precise financial reporting, all while ensuring real-time visibility and reducing risk. 

our PArtners

Transforming Reinsurance Operations Through Technology and Efficiency

Compliance Management & Reporting 

Compliance management and reporting are crucial in ensuring adherence to regulatory requirements and internal policies within any organisation, particularly in a highly regulated industry such as insurance. At Blue Ocean Reinsurance Group, we leverage the latest technology to offer our clients a comprehensive solution to streamline these processes efficiently and effectively.  

We use CalQRisk, a proven tool utilised by leading service providers in the Reinsurance industry, which allows us to centralise compliance management efforts, facilitating easier monitoring and enforcement of regulatory standards across our clients and companies.  

The automated features of CalQRisk including risk assessment and audit management, saving time and reducing the likelihood of human error, ensuring accuracy and consistency in compliance efforts. Additionally, CalQRisk offers real-time visibility into compliance metrics, empowering Blue Ocean to monitor progress and demonstrate compliance to regulators, auditors, and other stakeholders. 

Financial Reporting & Analytics

Blue Ocean Reinsurance Group has developed a robust financial reporting platform built on Microsoft Dynamics. This platform allows us to run multiple accounting bases simultaneously, enabling efficient quarterly closes for each client regardless of their reporting requirements. 

Our platform supports reporting across a range of frameworks, including: 

  • US GAAP (including Fair Value Election) 

  • US Statutory Accounting (US STAT) 

  • IFRS 

  • US Tax reporting 

  • Cayman Statutory reporting (including permitted practice where applicable) 

  • Our bespoke system also enables the development of tailored analytics profiles based on client needs. Examples include: 

  • Calculation of prescribed capital requirements 

  • Experience analyses 

  • Mid-period impact analysis of market movements 

  • This flexible reporting capability ensures clients receive timely, accurate financial insights aligned with their regulatory and strategic reporting requirements. 

Ready to Build with Confidence?

Partner with experts who understand your business.