Our solutions for Reinsurers provide highly configurable and flexible capabilities across the full assumed reinsurance lifecycle 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.
Powered by the Xuber Platform, Xuber for Reinsurers uses our four components - Xuber Contract, Xuber Claims, Xuber Billing and Xuber Retro Ceding - which can be deployed separately or as a combined and fully integrated end to end solution. Xuber for Reinsurers provides automatic reinsurance calculations and supports adjustable features such as profit commissions, no-claims bonuses and reinstatements.
The assumed recovery calculation algorithms can be applied to retro cession calculations providing a complete solution. Xuber for Reinsurers allows insurance and assumed reinsurance lines of business to coexist in the same implementation simplifying reporting and the management of information.
All Xuber components share a common data model avoiding unnecessary rekeying and promoting a consistent standard in your data. Designed and built leveraging over 30 years of international insurance and reinsurance software experience these components evolve our solutions Genius, Iris and Elgar into a world class best of breed solution.
Xuber for Reinsurers is supported by our powerful ‘Design Studio’ configuration tool giving users the ability to define not only the business data to capture but the screen design and the underlying workflow supporting each contract type.