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The use of automated reinsurance administration technology is growing, but only one out of three insurers is reaching that level. The remaining two-thirds are still using partially automated or manual systems.

According to a survey conducted on behalf of Inpoint Services, an Aon company, 32 percent of insurance companies use comprehensive technology systems to support their reinsurance processing, up from just 17 percent in 2005. However, 42 percent of insurers still use partially automated systems and 26 percent rely on manual processes, such as spreadsheets.

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