Prima XL

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.

Data Vera for binder management is a comprehensive solution developed by CATEX to address the challenges insurers and brokers face with disparate data sources. It unifies data storage and management, ensuring consistent access and reporting across all lines of business. Key features include the ingestion and normalization of bordereaux data, allowing for the efficient processing of large files without complex templates. The platform's automation and learning capabilities enable it to adapt over time, applying data corrections automatically on future uploads, thereby streamlining operations. It also offers robust inward and outward program management, facilitating the aggregation of policy and claims data at the program or facility level, and supports various reinsurance configurations such as treaty, facultative, and proportional. Additionally, the accounting module can populate a general ledger tailored to organizational needs, offering features like levy and tax accounting.