Solaris Energy Infrastructure Partners with Nephila Capital to Boost ILS Operational Efficiency
- Solaris Energy Infrastructure partners with Nephila Capital to enhance operational efficiency in the insurance-linked securities market.
- SEI's advanced technology and solutions will streamline Nephila's operations in reconciliation, payment processing, and data aggregation.
- This collaboration highlights SEI's commitment to exceptional client service and adaptability in the evolving reinsurance landscape.
SEI Partners with Nephila Capital to Enhance Operational Efficiency in the ILS Market
Solaris Energy Infrastructure (SEI) has secured a significant partnership with Nephila Capital Ltd., a well-established investment manager in the reinsurance sector, to optimize its back- and middle-office operations across North America and the UK. Nephila, which boasts over $7 billion in assets under management and a solid presence in the reinsurance market for over two decades, aims to leverage SEI's technological foundation and customizable solutions to streamline its operations. This collaboration comes at a pivotal time when the insurance-linked securities (ILS) market is projected to nearly double from approximately $100 billion to $200 billion by 2032, indicating a growing demand for sophisticated operational support.
Sean McDade, Nephila's Head of Operations, articulates the necessity of partnering with a firm that possesses a proven track record and a scalable infrastructure. He emphasizes that SEI's capabilities align with Nephila's strategic objectives, particularly in areas such as reconciliation, payment processing, and data aggregation. The collaboration is expected to enhance Nephila's operational efficiency and bolster its capacity to navigate the complexities of the rapidly evolving ILS landscape. By integrating SEI's advanced technology and tailored services, Nephila positions itself to better serve its clients and capitalize on emerging opportunities within this expanding market.
Bryan Astheimer, Head of SEI's Investment Managers business in EMEA, echoes the enthusiasm surrounding this partnership, highlighting SEI's global footprint and stability as significant advantages for clients in the ILS sector. With approximately $1.7 trillion in assets managed, advised, or administered as of June 30, 2025, SEI stands as a leading provider of financial technology and asset management solutions. This alliance not only reinforces SEI’s commitment to delivering exceptional client service but also showcases its adaptability in meeting the unique demands of specialized markets like reinsurance and ILS.
In addition to the operational enhancements, this partnership reflects a broader trend in the financial services industry where firms increasingly seek to collaborate with technology-driven companies to improve efficiency and service delivery. The integration of advanced technologies into traditional financial operations is becoming essential for firms aiming to remain competitive in a fast-paced and evolving marketplace.
Ultimately, this strategic partnership between SEI and Nephila Capital symbolizes a significant development in the reinsurance landscape, as both companies work together to harness technological innovations to drive growth and operational excellence in the burgeoning ILS market.