SEI Investments Partners with Nephila Capital to Boost Operational Efficiency in Reinsurance
- SEI Investments partners with Nephila Capital to enhance operational efficiency in the reinsurance sector.
- The collaboration aims to streamline processes, allowing Nephila to focus on its core reinsurance competencies.
- SEI's advanced technology and customizable solutions support Nephila's growth in the expanding insurance-linked securities market.
SEI Investments Partners with Nephila Capital to Enhance Operational Efficiency
SEI Investments Company, a global provider of financial technology and asset management services, recently announces a strategic partnership with Nephila Capital Ltd., a leading investment manager in the reinsurance sector. Nephila, which manages over $7 billion in assets and is owned by Markel Group Inc., seeks to enhance its back- and middle-office operations across North America and the UK. This collaboration comes at a pivotal moment in the insurance-linked securities (ILS) market, projected to grow significantly from $100 billion to $200 billion by 2032. By partnering with SEI, Nephila aims to leverage advanced technology and scalable solutions that align with its operational goals.
Sean McDade, Head of Operations at Nephila, stresses the importance of selecting a partner that possesses a proven track record and the necessary infrastructure to support growth in this complex market. SEI’s customizable solutions and robust technological foundation make it an ideal fit for Nephila’s needs. The partnership aims to streamline processes such as reconciliation, payment processing, and data aggregation, allowing Nephila to focus on its core competencies in the reinsurance space. Bryan Astheimer, Head of SEI’s Investment Managers business in EMEA, echoes this sentiment, emphasizing SEI’s global stability and commitment to enhancing client service and operational effectiveness.
With over $1.7 trillion in assets managed, advised, or administered as of June 30, 2025, SEI is well-positioned to support Nephila’s ambitions in the rapidly evolving ILS market. The collaboration not only highlights SEI’s adaptability and innovative approach but also underscores its dedication to delivering tailored solutions that meet the specific needs of its partners. As the ILS market continues to expand, this partnership exemplifies how strategic collaborations can drive operational efficiency and support growth in a competitive landscape.
In addition to this partnership, SEI recently launched the SEI DBi Multi-Strategy Alternative ETF, marking a significant expansion in its offerings. This ETF aims to replicate the return profile of a model portfolio of alternative strategies, primarily consisting of hedge funds, utilizing a quantitative approach to manage various market positions. The launch reflects SEI’s commitment to providing investors with diverse options in a market where liquid alternative ETFs are scarce.
Moreover, the collaboration with Dynamic Beta Investments (DBi), which celebrates its 10-year anniversary with SEI, positions the ETF as a competitive player in the alternative investment space. The partnership has successfully enhanced investment opportunities for clients, aligning with SEI’s mission to deliver innovative financial solutions that cater to the evolving demands of investors.