Audience
Insurers and businesses wanting a solution for managing both their active and passive reinsurance processes
About XLayers
XLayers is an ecosystem that enables the end-to-end management of all active and passive reinsurance processes, handling all aspects of assignments and retrocessions, from technical to administrative and reporting. Designed for insurance companies and groups, it is a multi-currency system that manages proportional and non-proportional reinsurance, both mandatory and optional. XLayers allows the management and certification of reinsurance processes, from the allocation of technical items (premiums, claims) to reinsurance contracts, to the preparation of accounts for reinsurers/brokers, and the feeding of the accounting system. Equipped with a sophisticated statistical system, it filters and extracts granular information. The platform is simple, intuitive, fully integrated, and consolidated with the client's systems, easily fed with data from portfolio management systems with the required level of detail.
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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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TAI
TAI (Tindall Associates, Inc.) specializes in reinsurance administration software and services, offering an all-in-one life reinsurance solution that connects life insurers and reinsurers globally. Their platform eliminates manual workarounds, paper treaties, and homegrown systems, streamlining reinsurance operations. With over 30 years of experience, TAI supports more than 100 active client software installations worldwide, processing $10 trillion USD of ceded risk on behalf of clients. Notably, over 90% of the top-ceded insurers in North America utilize TAI's software for their life reinsurance administration. TAI launched TAI Insights, an intuitive reinsurance analytics toolset powered by Comotion. This tool enables clients to monitor overall and individual treaty performance, assess client and policyholder concentration risks, and align their reinsurance programs with corporate risk appetites through customizable dashboards.
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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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FIS Reinsurance Manager
FIS Reinsurance Manager is a source-independent reinsurance system designed to enhance operational efficiency and transparency for insurers. It provides a centralized, secure, and auditable solution that automates complex reinsurance processes, reducing reliance on spreadsheets and legacy systems. Key features include accounts payable and receivable automation, open balance monitoring, and standardized reporting capabilities. The platform seamlessly integrates with existing policy and claims administration systems, as well as general ledger packages, facilitating streamlined contract maintenance, billing, and comprehensive financial and statutory reporting. By automating and centralizing reinsurance operations, FIS Reinsurance Manager enables insurers to manage complex contracts more effectively, improve accounting and claims control, and ensure timely, accurate reporting.
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Integrations
Company Information
Engineering Group
Italy
www.eng.it/en/solutions/platforms/reinsurance-platform
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Product Details
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Cloud
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In Person
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