Xuber for Reinsurers

790 views

Published on

Our solutions for Reinsurers provide highly configurable and flexible capabilities across the full assumed reinsurance life cycle from Submission Registration and Quotes through to Contract Administration, Claims Management and Retro Cession Calculations. They support all types of assumed treaty business including quota share, surplus, excess of loss and facultative treaties.

Published in: Technology
1 Comment
1 Like
Statistics
Notes
  • To download, visit www.xuber.com/resources/xuber-for-reinsurers-solution-overview
       Reply 
    Are you sure you want to  Yes  No
    Your message goes here
No Downloads
Views
Total views
790
On SlideShare
0
From Embeds
0
Number of Embeds
2
Actions
Shares
0
Downloads
13
Comments
1
Likes
1
Embeds 0
No embeds

No notes for slide

Xuber for Reinsurers

  1. 1. Xuber Solution OverviewXuber for ReinsurersYou provide insurance.We provide insurance software.We’re not so different.
  2. 2. Xuber for Reinsurers. Designedby insurance professionals, forinsurance professionals.Our solutions for Reinsurers provide highly configurable andflexible capabilities across the full assumed reinsurance life cyclefrom Submission Registration and Quotes through to ContractAdministration, Claims Management and Retro Cession Calculations.They support all types of assumed treaty business including quotashare, surplus, excess of loss and facultative treaties. Challenge Solution BenefitsHow can I expand my How can I increase Support multiple Single common Flexibility to integrate Functionality thatchannels to market operational efficiency channels to market data model across with business needs enables businesscapability? and realise cost savings including portals, web all components growth Improved in my business? access and mobile eliminates needHow can technology performance from Reduced costs to rekey businesssolutions help me to grow How can I effectively Power to configure global uniformity from single system informationmy business? manage my legacy data elements, implementation Competitive applications and lower business processes Configurable dataHow can I avoid data advantage and System tools tailored operational cost? and look and feel of validation, defaultingduplication and retain the leadership from to suit your business the user interface rules, businessintegrity of my data? configured technology model rules and workflow Standard Product ensure that data can Speed of reaction to Reduced risk via templates to reduce be controlled and business and market proven methodologies your implementation validated at multiple change time and the tools Industry expertise points Scalability to respond from specialised for you to become self-sufficient Software matches to mergers and knowledge and customer’s operating acquisitions technical staff Reduced risk of model. Improvements Ability to operate transition from legacy through automation multi currencies and systems due to proven migration multi regions approach
  3. 3. “Xuber understood our business needs and translated that into the right solution for our business.”Mohammad Rais Abu Noh, CEO, Labuan ReXuber for Reinsurers Xuber Claims Xuber Retro CedingFour components, Xuber Contract, Xuber A fully integrated claims management solution A comprehensive, fully ceding reinsuranceClaims, Xuber Billing and Xuber Ceding can with embedded workflow to optimise, recovery solution. Automatic attachment ofbe deployed separately or as a fully integrated automate and measure each stage of your inwards to outwards policies and the creationend-to-end solution. Xuber for Reinsurers is business process. With inherent flexibility, of real-time premium and claim cessions delivera world class, best of breed solution evolved Xuber Claims provides a streamlined, efficient complete proportional reinsurance managementfrom our well-known software solutions, user experience. Combined with support for capability. Xuber Retro Ceding calculatesGenius, Iris and Elgar. London Market messaging and the ability to recoveries on even the most complex excess of integrate with third party systems for litigation loss treaties allowing you to comprehensivelyXuber Contract and fraud management, Xuber Claims delivers manage the full gross to net ceding lifecycle in aIncorporates submission registration, quote unbeatable benefits across the lifecycle. single integrated recovery solution.management and contract administration,providing reinsurers with a comprehensive Xuber Billingspecialist platform. Xuber’s common data A comprehensive technical ledger for themodel, submissions, quotes and contracts effective management of all billing andcan be based on the same data avoiding cashbook activities. Capable of processingre-keying of information, reducing errors and electronic financial notifications and transactionsproviding consistency across risk management and maintaining multiple currencies and legaland contract administration. Xuber Contract entities, Xuber Billing supports all sources ofcaters for all types of proportional and non- financial data processed by the business acrossproportional assumed reinsurance including the billing lifecycle. A standard general ledgercomplex multi-layered programmes, insuring integration ensures a seamless, auditable linkprogrammes and market clauses. between financial transactions and physical cash movement.Underpinned by a powerful Platform Underpinned by a shared service-oriented Workflow architecture and common data model, our solution offerings are comprised of technical components that deliver core business Insurance Directory functionality and reusable common assets. Our modular approach and standard Configuration integration framework allow components to Contract Claims Billing Retro Ceding operate seamlessly together, or standalone, while maintaining full functionality. Reporting & Dashboards Business Services Messaging
  4. 4. Key features Xuber for Reinsurers uses our four components, which can be deployed separately or as a fully integrated end-to-end solution. All Xuber components share the same Database simplifying and standardising reporting and management information. Powerful design studio with central administration Third party integration & standard business services C onfigurable product capability business rules T ailored reporting real-time data dashboards Central insurance data directory for names management Messaging services with ACORD standard compliance KEY Seamless integrated workflow management Multi-currency, multi-company, multi-language FEATURES D ocument management support document production L ine of business templates for workflow, data UI Distribution channel support Insurable interests support / Single common data model Contract Claims Billing Retro Ceding Underwriting Claims Management Ledger and Billing Proportional Treaty • ubmission clearance, S • ull claims life cycle F Solution • Automatic attachment registration and management management • Account data management • eded reinsurance C • ame submission N • NOL coverage F • Account management management clearance verification • Ceded RI data management • eceipts, payments R • Quote management • Case management allocations processing • roportional treaty RI P XUBER • ating benchmarking R • rogrammes support via P • ank reconciliations B calculation processing support master contracts processing • acultative proportional RI FCOMPONENTS • Bind processing • Fast track automation • Period end processing calculation processing • Insurable interests support • Payment processing • Portfolio transfer Contract • tatement invoice S • Security processing Administration Claims Processing processing • eded RI statement C • ash, journals transfer C processing • Contract management • laims transaction C management • rogrammes support via P management master contracts • FX gain loss Excess of Loss Treaty • Claims data management • Terms conditions • Commutation processing • Automated FGU calculations • acultative non-proportional F • Premium processing • General Ledger integration RI calculation processing • pportioning across claim A • Adjustable features layers • on-proportional treaty RI N • id-term adjustments M calculation processing renewals • Aggregates deductibles • Common account • Insurable interests support • alvage subrogation S • Commutation processing management • tatistical financial S transaction management • Payment terms schedules • eserves payment R processing • Litigation management To find out how our solutions can help your business today or to register for a demo, please contact us at xuber.com ©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 team@xuber.com team@xuber.com +91 (0)78382 43333 team@xuber.com team@xuber.com

×