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

1. Xuber Product Fact Sheet
Iris
The Lloyd’s, London
and international
insurance software
solution for reinsurance
and underwriting
from Xuber.

2. Xuber
For forward thinking insurance professionals
Xuber is the trusted provider of unique and
innovative software solutions that improve
performance and enable business growth.
Xuber software solutions are built from over
30 years of insurance industry knowledge
and a workforce of experienced insurance and
software professionals. We have successfully
implemented solutions for over 130 customers
from Lloyd’s and the London Market to Bermuda,
the US and Asia Pacific regions.

3. Designed by insurance professionals
with in-depth market experience to meet
the needs of today’s reinsurance and
underwriting markets.
Flexibility Ledgers Iris Web Services
Iris ensures that the specific requirements A double entry bookkeeping ledger is provided Iris Web Services expose core functionality
of 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 created
products that capture the appropriate level of broker and direct cedant accounts. Debts and managed as well as the creation and
information. Flexible screens and rules based can be identified and aged. Statements can maintenance of claims, closed premium and
validation are configured using the built-in be produced both for inwards and outwards claim payments, thereby eliminating the need
Business Customisation tool. The Screen business and, once received, cash can be to manually key data into multiple systems and
Design utility enables a streamlined user posted and reconciled with amounts owed. improving overall operational efficiency.
experience while ensuring consistency and
control 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-built
Risk Processing to suit the needs of your business. Statements rules based business processing, thereby
Iris provides complete flexibility for risk to reinsurers can be generated automatically ensuring data compatibility and integrity
processing. 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 Loss
or individual underwriter’s needs. Lists and reinsurance recovery system to create a fully
schedules are easily added to each risk type. ceding reinsurance solution.
Rules based validation and defaulting of
values helps with data entry and consistency. Distribution Channels
Iris supports a range of risk distribution
Claims channels both through the London Market
With Iris it is easy to monitor and validate Bureau and direct trading, enabling information
claims accurately. Aggregation of losses by to be processed automatically into transactions
policy, event, loss type, market reference and claims information.
and many other factors ensure effective
reinsurance recovery. Management Information
Iris includes a suite of tools that address a
Technical Accounting wide range of reporting and management
Iris allows customers to design their own information needs. These include enquiries
closings. 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 for
flexibility your business requires. Iris holds more complex reports and a collection of pre-
comprehensive risk statistics designed to defined reports. Through our partnership with
meet 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 Elgar
For further information on our products
and services, please contact Customer
Solutions on +44 (0)20 3604 3333 or at
team@xuber.com
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