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Insurance technology news from Quadient , Supercede, Neptune Flood and more. (Credit: Sergey Nivens/Shutterstock)

Quadient acquired Beanworks, a software-as-a-service-based platform for accounting teams that modernizes and digitizes the accounts payables process. With COVID-19 making a work-from-home environment commonplace, Beanworks allows companies to approve invoices and pay vendors remotely. The Beanworks solution is geared for companies processing between 100 to 11,000 invoices per month.

Supercede partnered with Trace to provide a seamless solution covering the entire reinsurance lifecycle. Trace and Supercede both provide flexible and scalable solutions to support reinsurance brokers. Supercede Placements, which enables brokers to manage and streamline the reinsurance placement process with its free e-placement platform, has integrated with Trace’s OpenTWINS technology, to seamlessly connect with brokers’ back-offices.

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