Stripe Global Services Ltd Information

STRIPE® is a web based platform hosted and managed by Stripe Global Services Limited, a subsidiary of Pro. STRIPE® enables principal to principal processing of post placement/ bind transactions including claims, premiums, bordereaux, technical and financial accounts. It is simple to implement, has no impact on existing IT infrastructure and can sit virtually anywhere in the processing chain. Data can be processed using a web based application, a data upload or an integrated solution. The STRIPE® gateway transacts and communicates with carriers using their preferred message format: through the web, via e-mail, the London Market Bureau, or ACORD messaging (EBOT and ECOT). Settlements are made directly between insureds/ reinsureds and carriers; a credit control interface in STRIPE® simplifies the reconciliation and credit control process.