Iris - Xuber Product Fact Sheet
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Iris - Xuber Product Fact Sheet

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The Lloyd's, London and international insurance software solution for reinsurance and underwriting from Xuber.

The Lloyd's, London and international insurance software solution for reinsurance and underwriting from Xuber.

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  • 1. Xuber Product Fact SheetIrisThe Lloyd’s, Londonand internationalinsurance softwaresolution for reinsuranceand underwritingfrom Xuber.
  • 2. XuberFor forward thinking insurance professionalsXuber is the trusted provider of unique andinnovative software solutions that improveperformance and enable business growth.Xuber software solutions are built from over30 years of insurance industry knowledgeand a workforce of experienced insurance andsoftware professionals. We have successfullyimplemented solutions for over 130 customersfrom Lloyd’s and the London Market to Bermuda,the US and Asia Pacific regions.
  • 3. Designed by insurance professionalswith in-depth market experience to meetthe needs of today’s reinsurance andunderwriting markets.Flexibility Ledgers Iris Web ServicesIris ensures that the specific requirements A double entry bookkeeping ledger is provided Iris Web Services expose core functionalityof each class of business are addressed by as an integral part of Iris. Multi-currency to external applications via web service calls.providing the ability to define and configure transactions are posted automatically into Quotes, skeletons and policies can be createdproducts that capture the appropriate level of broker and direct cedant accounts. Debts and managed as well as the creation andinformation. Flexible screens and rules based can be identified and aged. Statements can maintenance of claims, closed premium andvalidation are configured using the built-in be produced both for inwards and outwards claim payments, thereby eliminating the needBusiness Customisation tool. The Screen business and, once received, cash can be to manually key data into multiple systems andDesign utility enables a streamlined user posted and reconciled with amounts owed. improving overall operational efficiency.experience while ensuring consistency andcontrol over the business process. IMEX is an extensive Import/Export utility, Outwards Reinsurance which ensures that any data created via Iris Outwards Reinsurance risks can be configured Web Services can benefit from the in-builtRisk Processing to suit the needs of your business. Statements rules based business processing, therebyIris provides complete flexibility for risk to reinsurers can be generated automatically ensuring data compatibility and integrityprocessing. Customers can create any number using the required format and content. Iris at all times.of risk types to suit each class of business also interfaces with Elgar, our Excess of Lossor individual underwriter’s needs. Lists and reinsurance recovery system to create a fullyschedules are easily added to each risk type. ceding reinsurance solution.Rules based validation and defaulting ofvalues helps with data entry and consistency. Distribution Channels Iris supports a range of risk distributionClaims channels both through the London MarketWith Iris it is easy to monitor and validate Bureau and direct trading, enabling informationclaims accurately. Aggregation of losses by to be processed automatically into transactionspolicy, event, loss type, market reference and claims information.and many other factors ensure effectivereinsurance recovery. Management Information Iris includes a suite of tools that address aTechnical Accounting wide range of reporting and managementIris allows customers to design their own information needs. These include enquiriesclosings. Transaction and revenue types for ad hoc queries, a wizard for simple step-can be added and changed, giving the by-step creation of reports, a designer forflexibility your business requires. Iris holds more complex reports and a collection of pre-comprehensive risk statistics designed to defined reports. Through our partnership withmeet specific market needs. LogiXML, Iris can provide powerful, flexible and comprehensive management, operation and KPI reporting via configurable dashboards.
  • 4. We provide solutions for: Insurers Reinsurers Brokers MGAs Xuber for Insurers Xuber for Reinsurers Xuber for Brokers Xuber for MGAs Iris Iris Brokasure Desktop Genius Genius for Reinsurance Brokasure Enterprise Elgar ElgarFor further information on our productsand services, please contact CustomerSolutions on +44 (0)20 3604 3333 or©Xchanging 2012 Xuber UK Xuber USA Xuber India Xuber Malaysia Headquarters 200 W. Adams, Suite 1175, 271 Udyog Vihar, Phase-II, Unit 2B-2-1, Plaza Sentral, 34 Leadenhall Street, Chicago, IL 60606, USA Gurgaon-122016, India Jalan Stesen Sentral, KL Sentral, London, EC3A 1AX, UK +1 877 288-3333 +91 (0)78382 43333 50470 Kuala Lumpur, Malaysia +44 (0)20 3604 3333 +91 (0)78382 43333