Prima XL
The cloud-based, powerful and intuitive Prima XL (formerly WebXL) is a reinsurance software that collects, centralizes, and analyzes all data for insurers, reinsurers, and brokers. Prima XL tracks all the information related to your reinsurance policies (treaties and facultative policies, claims, incidents, accounting data, technical data, auxiliary data, financial data, and more). You can manage all of your policies, from their underwriting to their switch and renewals. Prima XL is a flexible solution tailored to international organizations using multiple currencies and multiple GAAP requirements. With Prima XL, all of your reinsurance policies are in one place within the platform for greater visibility and security in your data processing. Prima XL handles all types of contracts, including treaties, facultative reinsurance, proportional and non-proportional contracts, excess loss, stop loss, quota share, and more.
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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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ClaimSuite
The Whitespace Platform is the truly digital platform for the global (re)insurance marketplace. Contracts created and processed using Whitespace are made entirely of data. When digital data is used as the vehicle for risk transfer (not Word or PDF documents), the potential benefits of digital transformation of your business become realizable. And the possibilities are endless. Increases in speed, accuracy, availability, and quantity of in-depth data for risk analysis, all provide significant benefits to Brokers and Carriers. Above all, insurers act in the interests their customers, for whom a digital connection can mean real-time access to the risk placement, quicker payments and faster responses on claims. The complete end-to-end process is supported; with Whitespace, brokers and underwriters create risk submissions, collaborate on contracts, communicate via real-time instant messaging, request and provide quotes, bind, sign and endorse (re)insurance contracts digitally.
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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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