A modern reinsurance administration system that handles treaty and facultative, proportional and non-proportional reinsurance. Features include contract management, premium calculation, claims allocation, statutory reporting, and analytics.
Platforms that manage reinsurance contracts, track ceded premiums and losses, and ensure proper allocation of claims to appropriate reinsurance agreements.
More Reinsurance Administration Systems
More Reinsurance ...
Contract Template Library Provides pre-defined templates for different types of reinsurance contracts. |
Product documentation and website mention pre-defined templates for treaty and facultative reinsurance contracts. | |
Version Control Tracks historical changes and different versions of contracts. |
System is described as providing 'robust contract management', which typically includes tracking versions and changes to contracts. | |
Contract Document Storage Allows for electronic storage and retrieval of contract files. |
Electronic storage and retrieval of contract documents is a core feature of most modern contract management modules. | |
Automated Endorsement Handling Automates the process of adding endorsements or amendments to contracts. |
No information available | |
Contract Renewal Management Facilitates tracking and managing contract renewals and expiries. |
Renewal and expiry management included as capabilities in reinsurance contract management. | |
Contract Search and Retrieval Quickly searches contracts based on various criteria (cedents, dates, treaty types, etc.). |
DataCede documentation lists advanced search for contracts by cedent, treaty type, and date. | |
Multi-Currency Support Supports contracts and transactions in multiple currencies. |
The product supports multi-currency contracts and reporting as per marketing site. | |
Multi-Language Support Supports user interfaces and document generation in different languages. |
No information available | |
Automated Contract Validation Checks new or amended contracts for business rule compliance. |
Automated contract validation is likely included as standard in a modern administration system. | |
Bulk Upload/Import Allows import of multiple contracts at once. |
Batch/bulk import and upload functions are standard for contract onboarding; confirmed on the vendor's data migration service description. |
Core System API Integration APIs for seamless integration with insurance policy admin and claims systems. |
APIs for integration with policy admin and claims systems are mentioned in technical documentation. | |
Batch Data Import/Export Supports scheduled or on-demand bulk imports/exports. |
Product supports bulk data import/export per the product brochure. | |
Third-Party Data Source Connectivity Integrates with external data providers (rating agencies, regulatory sources, etc.). |
Vendor highlights capability to integrate with third-party data and regulatory sources. | |
Real-Time Data Sync Synchronizes key data entities in (near) real time. |
No information available | |
Data Mapping Tools Built-in tools for mapping and transforming data between systems. |
No information available | |
ETL Performance Throughput for extract/transform/load operations. |
No information available | |
Message Queue Support Handles integrations via message queues (e.g., Kafka, RabbitMQ). |
No information available | |
File Format Flexibility Supports multiple data/file formats (XML, JSON, CSV, etc.). |
Import/export in formats like Excel and CSV is specifically mentioned in product information. | |
Automated Error Handling Automated detection and reporting of integration errors. |
No information available | |
Data Encryption Encrypts data at rest and/or in transit during integration processes. |
DataCede emphasizes security including encryption for data-in-transit and at-rest. |
Automated Premium Calculation Automates premium calculation based on contract terms. |
Automated premium calculation based on contract terms is standard (explicitly listed in product description). | |
Premium Bordereaux Generation Generates bordereaux reports for ceding premiums. |
Capability generating premium bordereaux is documented among reporting outputs. | |
Premium Adjustment Handling Manages mid-term or retroactive premium adjustments. |
Product handles mid-term and retroactive premium changes. | |
Split Allocation Allocates premiums across multiple treaties or layers. |
Split allocations supported for premiums across treaties/layers as stated in features. | |
Currency Conversion Automatically converts premiums based on current exchange rates. |
Automatic currency conversion is associated with multi-currency and is described in product info. | |
Automated Invoicing Produces and issues invoices for reinsurance premiums. |
Automated invoicing is a core part of premium processing and is included in system overviews. | |
Settlement Tracking Tracks payment status and outstanding balances. |
Settlement and payment tracking capabilities are explicitly stated in product literature. | |
Reconciliation Tools Built-in tools for reconciling premium records against accounting systems. |
Reconciliation tools for premium and financial record comparison are named as standard features. | |
Premium Payment Processing Speed Speed of processing premium payments. |
No information available | |
Audit Trail for Premiums Comprehensive log of all premium-related transactions and edits. |
Comprehensive audit trail for premiums/transactions is highlighted as part of compliance support. |
Automated Claim Notification Enables automatic detection/notification of claims that may trigger reinsurance. |
No information available | |
Claim Allocation Engine Allocates claims across applicable treaties, layers, and periods. |
CedeRight offers automated and rules-based claim allocation engine as per product description. | |
Recovery Calculation Calculates recoverable amounts from each reinsurer. |
Recovery calculations for reinsurers are part of claims processing modules. | |
Claim Bordereaux Generates bordereaux for reinsurance claim submissions. |
Claims bordereaux generation for submissions is included in CedeRight analytics/reporting. | |
Claim Tracking Dashboard Visual tracking and status monitoring for reinsurance claims. |
No information available | |
Subrogation/Salvage Handling Tracks subrogation and salvage and their impact on reinsurance recoveries. |
No information available | |
Automated Reserves Calculation Calculates and allocates reserves relating to reported and incurred but not reported (IBNR) claims. |
Automated claim reserve calculation is present in claims functionality. | |
Settlement Processing Manages recoveries and settlements with reinsurers. |
Settlement processing with reinsurers shown in workflow diagrams. | |
Dispute Management Tools for documenting and resolving claim disputes with reinsurers. |
No information available | |
Average Time to Allocate Claims Average time required to allocate claims to contracts. |
No information available |
Subledger Integration Maintains reinsurance subledger and integrates with main GL. |
Maintains reinsurance subledger and integration with finance systems is documented. | |
Automated Accruals and Deferrals Manages accounting entries for premium and loss recognition. |
No information available | |
Multi-Basis Accounting Support Handles parallel accounting for GAAP, IFRS, local/regulatory basis. |
System supports GAAP, IFRS, and statutory accounting, as stated by DataCede. | |
Cash Application Supports matching incoming/outgoing cash with transactions. |
No information available | |
Comprehensive Audit Trail Detailed logs of all financial postings and changes. |
Comprehensive audit trail for financial transactions is called out in compliance/features. | |
Tax Calculations Automates applicable tax/levy computations for reinsurance. |
Product automates tax and levy calculations as part of premium/claims processing. | |
Foreign Exchange Handling Manages FX gains/losses arising from reinsurance transactions. |
Foreign exchange handling is part of multi-currency support and FX reconciliation features. | |
Intercompany Balancing Automates balancing transactions between different group companies. |
No information available | |
Financial Closing Speed Average time required to close reinsurance-related accounts. |
No information available | |
Regulatory Reporting Automation Automatically generates required statutory and regulatory financial reports. |
Automated regulatory/statutory reporting is specifically named on marketing site. |
Standard Report Library Includes pre-built reports for common reinsurance reporting needs. |
Standard reports for reinsurance business needs are included. | |
Custom Report Builder Tools for users to design, save, and schedule custom reports. |
Custom report builder and user-report design is present. | |
Ad-hoc Query Capability Allows users to quickly interrogate system data for custom analysis. |
Ad-hoc queries are available for custom data interrogation. | |
Interactive Dashboards Real-time, visual, interactive performance and risk dashboards. |
Interactive real-time dashboards mentioned as a core analytics feature. | |
KPI Tracking Tracks and displays key performance indicators for reinsurance business. |
Dashboard features include KPI monitoring for reinsurance business. | |
Drill-Down Reporting Ability to start at summary level and drill down to transaction details. |
Drill-down from summary to transactional data confirmed in analytics module. | |
Report Scheduling Schedule automated report runs and distributions. |
No information available | |
Export Capabilities Exports reports to multiple formats (Excel, PDF, CSV, etc.). |
Export to Excel, PDF, CSV and similar formats available for reports. | |
Data Visualization Tools Charts, graphs, heatmaps, and other data visualization features. |
Charts and visualization tools are included in dashboards/reports. | |
Reporting Latency Time to generate standard reports. |
No information available |
Regulatory Content Updates System receives updates for new rules and regulatory changes. |
No information available | |
Automated Compliance Checks Continually checks data/processes against compliance rules. |
Automated compliance checks are embedded in workflow according to product info. | |
Audit Log Management Maintains comprehensive audit logs for every user/system action. |
No information available | |
SOX Compliance Support Provides controls and documentation to meet SOX (Sarbanes-Oxley) requirements. |
No information available | |
GDPR/Privacy Controls Implements data privacy safeguards and subject rights management. |
Data privacy and GDPR features included as part of system security. | |
Regulatory Report Catalog Built-in templates for regulatory submissions (NAIC, Lloyd's, Solvency II, etc.). |
No information available | |
Access to Change Logs Provides full access to all change logs for compliance review. |
No information available | |
Automated Data Retention Policies Implements automatic archival/deletion based on policy. |
No information available | |
Role-Based Approval Workflows Enforces segregation of duties and approval chains on sensitive actions. |
No information available | |
Compliance Reporting Speed Average time to prepare and submit compliance reports. |
No information available |
Role-Based Access Control Restricts access to features and data based on user role. |
Role-based user access and security restrictions are described in technical data. | |
Multi-Factor Authentication Requires more than one form of authentication. |
No information available | |
SSO Integration Supports integration with enterprise single sign-on solutions. |
Integration with enterprise SSO is mentioned in the security section. | |
Data Encryption at Rest Encrypts stored data to prevent unauthorized access. |
Data-at-rest encryption is part of security features. | |
Data Encryption in Transit Encrypts data during transmission. |
Data-in-transit encryption also specifically included. | |
User Activity Monitoring Monitors, logs, and alerts on unusual or risky user activities. |
No information available | |
Granular Permission Settings Allows fine-tuned control over access rights. |
No information available | |
Audit Trails for Security Events Tracks all significant security-related operations. |
No information available | |
Automatic Session Timeout Logs out users automatically after inactivity. |
No information available | |
Password Policy Enforcement Configurable password complexity and rotation policies. |
No information available |
Workflow Automation Engine Builds, customizes, and executes automated processing workflows. |
Workflow automation engine is listed as a feature supporting end-to-end automation. | |
Task and Notification Management Automates and tracks user tasks, reminders, and escalations. |
Automated notifications and task assignments are present in the platform. | |
Robotic Process Automation (RPA) Integration Enables use of bots for repetitive manual processes. |
No information available | |
Automated Alerts and Triggers User-definable rules for system-generated notifications. |
Rule-driven workflow triggers and notifications supported in operational settings. | |
Batch Processing Capabilities Supports high-volume batch jobs (e.g., monthly closings). |
Support for batch processing (e.g., bulk closings) is referenced in technical docs. | |
Workflow Execution Speed Average time to complete a typical automated workflow. |
No information available | |
Customizable Dashboards for Operations Operations users can personalize dashboards to their needs. |
Customizable dashboards for operations users, supporting personalized views. | |
Exception Management Tools Shows, tracks, and processes outliers or errors. |
Exception and error tracking shown as available via workflow dashboard. | |
Bulk Transaction Support Handles uploading or updating multiple transactions at once. |
Bulk transaction uploads/updates indicated in data migration, interface design. | |
Automated Documentation Generation Produces legal, operational, or notification documents automatically. |
No information available |
Intuitive Interface User-friendly, modern interface for efficient navigation. |
Modern, user-friendly UI is explicitly promoted; screenshots confirm design. | |
Responsive Design Optimized for various devices and screen sizes. |
Responsive, browser-accessible design referenced in product info. | |
Personalizable Home Pages Allows users to customize views, favorites, and shortcuts. |
Personalized views and configurable home pages available for each user. | |
Contextual Help & Tooltips Provides on-screen help and explanations for features. |
On-screen help and tooltips are accessible within the application. | |
Global Search Enables users to search across all data and objects. |
No information available | |
Accessibility Features WCAG compliance, keyboard navigation, screen reader support. |
No information available | |
Guided Workflows Step-by-step guidance for complex or uncommon processes. |
No information available | |
User Preference Management Users can set preferences for language, display, notifications. |
Language, display, and notification preferences are customizable per user. | |
Time to Onboard New User Average time it takes to train/onboard a typical new user. |
No information available | |
Mobile Accessibility Degree to which main features are accessible via mobile devices. |
Mobile browser accessibility for core system functions confirmed by vendor. |
Cloud-Readiness Offers SaaS/cloud deployment options. |
Product is described as SaaS/cloud-based, with support for multi-tenant cloud deployments. | |
On-Premise Support Can be deployed on customer’s infrastructure. |
On-premise deployment possible according to DataCede's implementation materials. | |
High Availability & Failover Ensures system remains available in case of hardware failures. |
High availability architecture and disaster recovery are cited as technical features. | |
Horizontal Scalability Ability to scale out resources as data volume/users increase. |
Horizontal scalability supported as indicated in platform documentation. | |
Disaster Recovery Readiness Built-in disaster recovery and backup routines. |
Disaster recovery planning and backup routines described for enterprise implementations. | |
API Extensibility Ability to extend platform through APIs or plug-ins. |
Platform is designed for API extensibility and plug-in interfacing. | |
System Performance Transaction processing performance under standard load. |
No information available | |
Maintenance Window Duration Average scheduled downtime needed for maintenance. |
No information available | |
Automated Software Updates System updates are delivered and applied automatically. |
Automated software updates are included as part of SaaS-product maintenance. | |
Maximum Concurrent Users Supported Maximum number of users who can be logged in at once without performance degradation. |
No information available |
This data was generated by an AI system. Please check
with the supplier. More here
While you are talking to them, please let them know that they need to update their entry.