TL_2.1.18

INSIGHT™ for Reinsurance

Available from Sapiens

Sapiens Reinsurance software is a comprehensive reinsurance business solution designed to support the entire range of reinsurance contracts and activities for all P&C lines of business.
This state-of-the-art software enables carriers and brokers to handle all reinsurance activities on one single platform. By incorporating in-depth, fully automated functions readily adaptable to each company's business procedures, the solution provides full financial control of the reinsurance practice, including support for all auditing requirements and regulatory reporting – Schedule F, P.

Using powerful business-rules technology, following Acord international standards and based on B2B XML technology, this web-based reinsurance management software enables a swift respond to business challenges, easy management of regulatory controls and rapidly response to change.

Sapiens software solution for Reinsurance provides end-to-end processing, from setup of and definition of the reinsurance program, through import of premium & claims transactions, automatic allocation of premiums and claims to reinsurance contracts, performing all required calculations, and production of statements & accounts to reinsurance participants.

Benefits:

Reduces manual processing and external calculations
Consolidated view of liabilities, securities and risks
Prevents financial leakage
Up-to-date industry standards compliant
Modern technology platform and infrastructure

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