Sapiens ReinsurancePro
Sapiens ReinsurancePro is a comprehensive platform designed to automate the underwriting and administration of reinsurance, encompassing treaty and facultative, ceded, assumed, and retroceded reinsurance. It offers robust accounting functionality, ensuring compliance with auditing and statutory requirements, and features automated billing with one-click Schedule F generation. The system seamlessly integrates with policy and claims solutions to automate the identification and calculation of cessions, enhancing operational efficiency. Built-in automation of contracts, calculations, and processes provides full financial control, reducing the risk of claims leakage. With a cloud-first approach, ReinsurancePro offers flexible deployment options and a scalable architecture capable of handling high volumes of data quickly and reliably. Its efficient I/O and fast transactional processing further optimize performance.
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Duck Creek Reinsurance
Duck Creek Reinsurance centralizes and automates all reinsurance processes, tracking information related to contracts, including treaties and facultative policies, claims, incidents, accounting data, technical data, auxiliary data, financial data, and more. This flexible solution manages contracts from underwriting to endorsements and renewals, supporting multiple currencies and GAAP requirements. By accurately calculating recoveries and rapidly creating reinsurance bills, it identifies all claims meant to be covered, ensuring that ceded or assumed reinsurance achieves its intended goals of risk management and capital availability. Digitally transforming reinsurance administration allows finance and risk management teams to leverage data strategically, making critical decisions regarding risk appetite and supporting contract negotiations. Automation, standardization, and data transparency replace labor-intensive tools like spreadsheets and outdated databases.
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pasRE.Net
pasRe.Net is a fully integrated online reinsurance automation solution that supports all aspects of the reinsurance process. It can be used with other PAS software as part of a complete insurance solution, or it can be integrated with your current system as a standalone option. As an online solution, pasRe.Net provides real-time data, enhancing flexibility and efficiency in managing reinsurance agreements. The platform integrates all parts of the reinsurance process, including reinsurer and broker management, treaty management, reinsurance program definition, attachment definition, premium and loss analysis, reporting, application of cash, and Schedule F generation. It manages all contracts in one system, encompassing both facultative and treaty contracts such as quota share, surplus, excess, clash, and catastrophe. The solution allows for retroactive processing of late placements or mid-term contract changes, ensuring manageable risk exposure.
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GIMS
GIMS represents Tritech's efforts of being strategically positioned in the insurance industry with a system that currently incorporates the functionality of the complete insurance processing solution. It provides facilities for the establishment and administration of both property and casualty portfolios. It runs on modern technology, such as Windows, .NET, Oracle and SQL Server. GIMS is a modular client-based system supporting all lines of business and designed to support multiple companies, branches, provinces/states/parishes, and languages. GIMS open and flexible infrastructure is user-definable by way of the System Support Center (SSC). It enables flexibility in the definition and control of the automation of all business processes and desired functionalities, as driven by the client’s business requirements and strategic market directions. Reinsurance tracking across all contract types, facultative, treaty, excess, catastrophe.
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