CalQRisk Announces a Strategic Partnership with Blue Ocean Reinsurance Group

CalQRisk, a leading provider of governance, risk, and compliance (GRC) software, is thrilled to announce a strategic partnership with Blue Ocean Reinsurance Group, a prominent player in the Reinsurance and Insurance Management and MGA industry. This collaboration aims to revolutionise GRC management within the sector by leveraging CalQRisk’s state-of-the-art platform.

Strengthening GRC Capabilities for the Insurance Sector

The partnership between CalQRisk and Blue Ocean Reinsurance Group represents a significant step forward in enhancing the governance, risk management, and compliance capabilities of insurance and reinsurance firms. Blue Ocean will integrate CalQRisk’s advanced software into its operations, further enhancing its offering to its client base.

Expertise and Innovation

CalQRisk is renowned for its innovative software solutions that empower organisations to streamline their GRC processes. By combining CalQRisk’s cutting-edge technology with Blue Ocean’s deep industry expertise, this partnership will deliver unparalleled value to clients, enabling them to navigate the complex regulatory landscape with confidence.

With the integration of CalQRisk’s GRC software, Blue Ocean Reinsurance Group can automate and centralise their own and their client’s governance, risk management and compliance processes, resulting in improved efficiency, data collation, and reduced operational costs. The solution’s customisable features will enable Blue Ocean to tailor the system to the needs of their clients, ensuring a seamless fit with their existing offering.

A Commitment to Excellence

Chris Hanlon, CEO of CalQRisk, expressed his enthusiasm for the partnership, stating, “We are excited to join forces with Blue Ocean Reinsurance Group, a company that shares our commitment to excellence in risk management and compliance. This partnership will not only enhance Blue Ocean’s GRC capabilities but also set a new standard for the insurance industry as a whole.”

Adrian Lynch, CEO of Blue Ocean Reinsurance Group, echoed this sentiment, saying, “As an early adopter of all things Governance, Risk and Compliance. I am now delighted to be finally able to deploy their platform within the Blue Ocean Reinsurance Group not only for ourselves but also for our clients.  Chris and his team have done a wonderful job, and we look forward to working with them and introducing them to each of our Clients”

About CalQRisk

CalQRisk is a leading provider of governance, risk, and compliance (GRC) software, offering a comprehensive suite of tools designed to streamline and enhance GRC processes. With a strong focus on innovation and customer satisfaction, CalQRisk empowers organisations across various industries to effectively manage risks, ensure compliance with regulatory requirements, and achieve their strategic objectives.

The company’s cutting-edge software solutions enable users to identify potential risks, monitor compliance activities, and implement robust risk management strategies. By providing real-time data and actionable insights, CalQRisk helps organizations maintain high standards of governance and operational excellence.

About Blue Ocean Reinsurance Group

Blue Ocean was founded on the understanding that every new entrant to the Cayman Islands Reinsurance and Insurance market requires bespoke and unique solutions for their particular business.  Blue Ocean seeks to provide a full suite of services to facilitate and support advisory, licensing, operations through to day-to-day governance and strategic support.  With our collective experience ranging across the Cayman Islands’ operational and regulatory environment, as well as business practices, Blue Ocean’s goal is to provide them with tailored solutions, expert guidance, and innovative strategies, facilitating their market entry, optimizing risk management, and driving sustainable growth.