Taking Stock

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Media

A Dynamic New Website

New Life Reinsurance Website Launched

22nd September 2009: Life reinsurance services company LOGiQ³ Inc has launched a dynamic new website www.logiq3.com.

It has been specifically redesigned to target the sectors of the industry that LOGiQ³ now occupies following a year of rapid growth and widening skills within the company:

• Underwriting
• Business Process Outsourcing
• Consulting
• Auditing

Chris Murumets, CEO of LOGiQ³, commented that users will notice a strong water theme to the new website:

"In the reinsurance business it is easy to be overwhelmed by its many operational tasks and, like the ocean, these tasks can be ominous and seemingly endless with companies left feeling like they are either drowning or struggling to stay ahead of the tidal wave.

Each of the water sports depicted on the website has a different connotation that reflects our specialism and ambitions within the reinsurance field - a strong experienced team working in unison; expert equipment being used to overcome intimidating obstacles; and even an extraordinary act of athletic dexterity!"

LOGiQ³ is one of the leading agents of change within the life reinsurance industry, combining experienced industry personnel together with processes and bespoke technology across all the business functions.

About LOGiQ³

Founded in 2006 by Chris Murumets and Simon Bell, LOGiQ³ focuses on life reinsurance providing a variety of professional services including auditing, consulting and outsourcing to more than 15 companies in North America from its offices in Toronto, Canada, and Cardiff, UK.

The company, now employing 12 people, has targeted knowledge gaps within the industry and built a team who combine big picture awareness with a detailed understanding of issues facing life reinsurance practitioners, focusing on risk management, best practices and knowledgeable resources.

In September 2008, LOGiQ³ was placed 16th by Canada's PROFIT magazine in its annual PROFIT HOT 50 ranking, the first company from the life reinsurance industry to be recognised since nominations began.

Chris Murumets, Chief Executive Officer, has been in various sectors of the reinsurance service chain since 1990 and prior to LOGiQ³ worked with Sun Life Reinsurance.

Simon Bell, Chief Operating Officer, has a broad technology background and previously worked for Friends Provident in the UK. Former co-chairperson of the ACORD life reinsurance working group he helped in defining data standards for the life reinsurance industry.