Qatarlyst provides a web based global insurance capability that is run on a system based on e-Reinsure’s core technology with significant extensions around accounting and claims. This system replaces the paper-based processes that support the transactions of all types and classes of large commercial insurance and facultative and treaty reinsurance. The service has been developed to support the way that buyers, brokers and carriers around the world conduct business allowing them to collaborate, create contracts, distribute risk and transact in a way that is faster, more accurate and efficient than the paper and email based processes that currently support commercial insurance negotiations. Qatarlyst facilitates transactions between over 300 different entities drawn from many of the world’s largest and most successful blue chip insurance companies and intermediaries such as Oman Insurance (UAE) the largest in the UAE, QIC the largest insurer in Qatar and Chedid Re – Voted MENA Reinsurance Broker of the year 2010 and 2011 operating in the MENA, London and other global insurance markets. Qatarlyst recently acquired RI3K and its application and is looking to bring the capabilities of the two applications together into one global platform.