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.
How to Troubleshoot Apps for the Modern Connected Worker
Xuber for Reinsurers
1. Xuber Solution Overview
Xuber for Reinsurers
You provide insurance.
We provide insurance software.
We’re not so different.
2. Xuber for Reinsurers. Designed
by insurance professionals, for
insurance professionals.
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.
Challenge Solution Benefits
How can I expand my How can I increase Support multiple Single common Flexibility to integrate Functionality that
channels to market operational efficiency channels to market data model across with business needs enables business
capability? and realise cost savings including portals, web all components growth
Improved
in my business? access and mobile eliminates need
How can technology performance from Reduced costs
to rekey business
solutions help me to grow How can I effectively Power to configure global uniformity from single system
information
my business? manage my legacy data elements, implementation
Competitive
applications and lower business processes Configurable data
How can I avoid data advantage and System tools tailored
operational cost? and look and feel of validation, defaulting
duplication and retain the leadership from to suit your business
the user interface rules, business
integrity 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. “Xuber understood our business
needs and translated that into the
right solution for our business.”
Mohammad Rais Abu Noh, CEO, Labuan Re
Xuber for Reinsurers Xuber Claims Xuber Retro Ceding
Four components, Xuber Contract, Xuber A fully integrated claims management solution A comprehensive, fully ceding reinsurance
Claims, Xuber Billing and Xuber Ceding can with embedded workflow to optimise, recovery solution. Automatic attachment of
be deployed separately or as a fully integrated automate and measure each stage of your inwards to outwards policies and the creation
end-to-end solution. Xuber for Reinsurers is business process. With inherent flexibility, of real-time premium and claim cessions deliver
a world class, best of breed solution evolved Xuber Claims provides a streamlined, efficient complete proportional reinsurance management
from our well-known software solutions, user experience. Combined with support for capability. Xuber Retro Ceding calculates
Genius, 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 comprehensively
Xuber Contract and fraud management, Xuber Claims delivers manage the full gross to net ceding lifecycle in a
Incorporates submission registration, quote unbeatable benefits across the lifecycle. single integrated recovery solution.
management and contract administration,
providing reinsurers with a comprehensive Xuber Billing
specialist platform. Xuber’s common data A comprehensive technical ledger for the
model, submissions, quotes and contracts effective management of all billing and
can be based on the same data avoiding cashbook activities. Capable of processing
re-keying of information, reducing errors and electronic financial notifications and transactions
providing consistency across risk management and maintaining multiple currencies and legal
and contract administration. Xuber Contract entities, Xuber Billing supports all sources of
caters for all types of proportional and non- financial data processed by the business across
proportional assumed reinsurance including the billing lifecycle. A standard general ledger
complex multi-layered programmes, insuring integration ensures a seamless, auditable link
programmes 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