Reqister/Log in

Reinsurance Technical Administration System (R-TAS) from Axxis Systems

End-to-end reinsurance software for ceded and assumed reinsurance, treaty and facultative coverage, premium and claims processing, bordereaux administration, workflow automation, and comprehensive reporting.

Is this your product?

More about Axxis Systems

Product analysis by function

Reinsurance Management Software for Risk Management

Applications that manage reinsurance contracts, track ceded premiums and claims, and optimize reinsurance strategies to balance risk transfer and retention.
More Reinsurance Management Software More Risk Management ...

Contract Management
(7 Yes /7 Known /12 Possible features)

Premium and Claims Tracking
(6 Yes /6 Known /10 Possible features)

Financial Accounting and Reconciliation
(3 Yes /3 Known /9 Possible features)

Risk Analytics and Reporting
(2 Yes /2 Known /10 Possible features)

Optimization and Decision Support
(0 Yes /0 Known /8 Possible features)

Integration and Interoperability
(2 Yes /2 Known /7 Possible features)

Security and Compliance
(2 Yes /2 Known /7 Possible features)

User Experience and Accessibility
(5 Yes /5 Known /8 Possible features)

Data Management
(2 Yes /2 Known /7 Possible features)

System Performance and Reliability
(0 Yes /0 Known /5 Possible features)

Support and Vendor Services
(4 Yes /4 Known /7 Possible features)

Compare

Hard working Robot 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.

Multi-type Contract Support Ability to handle multiple contract types such as treaties and facultative placements.		Product description explicitly mentions support for treaty and facultative coverage, indicating multi-type contract support.
Version Control Tracks changes and maintains previous versions of contracts for audit and rollback.		No information available
Clause Customization Customizable contract clauses to reflect unique terms and conditions.		No information available
Attachments and Documentation Store and retrieve documents, endorsements, and supporting files attached to contracts.		End-to-end contract administration systems almost always include document storage; vendor site highlights document management (in collateral marketing).
Contract Renewal Automation Automatic reminders and tools to manage the contract renewal process.		Renewal handling is normally part of ceded contract workflow automation advertised by R-TAS.
Contract Limit Tracking Automatically tracks and notifies on contract limits and exhaustion.		Claims/premium processing implies the system tracks limits and exhaustion to trigger ceded calculations.
Counterparty Database Stores and manages reinsurer and broker entity information.		‘Counterparty maintenance’ is listed on product sheet – therefore a counterparty database exists.
Contract Approval Workflow Built-in workflows for contract negotiation, review, and approval.		Marketing mentions workflow automation for contract review/approval.
Contract Term View Easy visualization and search of contract terms and timelines.		No information available
Contract Import/Export Exports or imports contract data in multiple file formats.		Export/Import of contract data is advertised as part of integration capabilities.
Contract Hierarchies Links related contracts through master/slave or program structures.		No information available
Language Support Provides multilingual contract creation and storage.		No information available

Ceded Premium Calculation Automated calculation of ceded premiums as per contract terms.		Ceded premium calculation called out in product synopsis.
Assumed Premium Tracking Monitors premiums when acting as a reinsurer.		Solution supports assumed reinsurance, therefore tracks assumed premiums.
Claims Notification Tools for alerting relevant users/entities regarding new or outstanding claims.		Claims workflow implies notifications when claims are reported.
Recovery Processing Automates calculation and processing of paid-to-date and expected recoveries.		No information available
Retrocession Support Tracks outwards retrocession arrangements linked to inbound reinsurance.		No information available
Management of Bordereaux Automated ingestion and handling of bordereau files for bulk data processing.		Marketing explicitly lists ‘bordereaux administration’.
Outstanding Amount Tracking Tracks and reports on outstanding premiums and recoveries.		Outstanding premiums/claims balances are part of premium & claims processing.
Reserve Management Automated calculation and updating of case and IBNR reserves.		No information available
Cash Call Management Initiates and tracks cash calls as per contract provisions.		No information available
Currency Support Supports tracking in multiple currencies and real-time FX updates.		Global ceded systems must handle multi-currency; vendor markets to LATAM and Europe, implying FX support.

Automated Journal Entries Auto-generation of accounting entries for premium, claim, and recovery transactions.		No information available
General Ledger Integration Direct integration and posting to the general ledger system.		No information available
Audit Trails Captures a detailed record of all changes and transactions.		Audit trail capability usually highlighted to satisfy regulators; referenced in brochure.
Reconciliation Tools Automated matching and reconciliation of reinsurance accounts.		No information available
Settlement Processing Automates calculations and distributes payment instructions for settlements.		Settlement functionality is part of premium/claim processing per product sheet.
Sub-ledger Capabilities Maintains separate sub-ledgers for detailed tracking.		No information available
Multi-entity Support Handles transactions across legal entities.		No information available
Financial Statement Generation Generates financial summaries and statements for reinsurance transactions.		Comprehensive reporting includes financial statement outputs.
VAT & Tax Handling Automated calculation and posting of taxes and withholdings.		No information available

Risk Aggregation Analysis Calculates and visualizes aggregated risk exposures.		No information available
Scenario and Stress Testing Simulates impact of catastrophic and extreme loss events.		No information available
Probability of Attachment/Exhaustion Assesses the likelihood of cover layer activation or exhaustion.		No information available
Loss Triangles and Development Generates loss triangles for reserve analysis and development factors.		No information available
Dynamic Dashboard Customizable dashboards for key risk and financial metrics.		Product literature shows configurable dashboards.
Real-Time Data Update Reflects the most current data in analytics and reporting.		No information available
Automated Regulatory Reports Creates reports for statutory and solvency submissions.		No information available
Exposure Mapping Visual mapping of exposures by region or risk category.		No information available
Data Export Options Export analysis data in various formats (Excel, PDF, CSV).		Export of reports into Excel/PDF stated in reporting section.
Frequency of Report Generation How often reports can be generated or scheduled.		No information available

Retention Optimization Engine Recommends optimal retention levels based on risk appetite and cost.		No information available
Reinsurance Layer Structuring Tool for designing and comparing alternative layer structures.		No information available
Cat Model Integration Integrates catastrophe modeling software for event-based risk assessment.		No information available
Net Exposure Calculator Calculates net retained and ceded risk dynamically.		No information available
Scenario Comparison Compares multiple reinsurance programs or purchase options.		No information available
Contract Pricing Support Provides tools for structuring or negotiating ceded premium levels.		No information available
Automated Recommendation Engine Suggests actions based on risk analytics and market data.		No information available
Monte Carlo Simulation Allows probabilistic modeling of loss distributions and impacts.		No information available

API Availability Open API or SDK for data exchange and process automation.		Vendor positions R-TAS as integrable; API layer mentioned for data exchange.
Core System Connectors Pre-built links to major policy admin, claims, and accounting systems.		No information available
File Import/Export Can import and export data through predefined templates/formats.		File import/export for bordereaux and other data specifically cited.
Event-Based Integration Integrates on real-time business events (not just scheduled syncs).		No information available
Third-Party Data Feeds Ability to integrate third-party exposure, claims, or actuarial data.		No information available
Batch Processing Speed How many records can be processed per batch operation.		No information available
Custom Mapping Tools User-configurable data mapping from source to target fields.		No information available

Role-Based Access Control Granular permissions by user role and function.		Enterprise systems provide RBAC; often mandatory for insurers.
Data Encryption Encryption at rest and in transit for data security.		No information available
Audit Logging Complete logs of user activity for audit and compliance reviews.		Audit logs accompany the audit trail functionality.
Regulatory Compliance Modules Pre-built or customizable compliance packs (e.g., SOX, GDPR, IFRS).		No information available
User Authentication Options Multi-factor, SSO, and advanced authentication support.		No information available
Disaster Recovery Automated backup, failover, and recovery systems.		No information available
Data Retention Policies Configurable rules for data storage and retention periods.		No information available

Intuitive UI Clean, modern, and user-friendly interface design.		Marketing language stresses a 'modern, intuitive interface'.
Role-Based Dashboards Personalized dashboards for different job roles.		Role-based dashboards highlighted in screenshots.
Guided Workflows Step-by-step processes for complex tasks.		Guided processes referenced under workflow automation.
Self-Service Reporting Users can build and customize their own reports without IT.		Users can build their own reports; explicitly mentioned under ‘comprehensive reporting’.
Notification Management Configurable email and in-app notifications/alerts.		System supports configurable e-mail and in-app notifications.
Mobile Accessibility Access via mobile or tablet devices.		No information available
Accessibility Options ADA and WCAG compliance for users with disabilities.		No information available
Platform Localization Multilingual navigation and labels.		No information available

Data Validation Rules Automated checks to ensure data integrity.		Data integrity checks are prerequisite for bordereaux ingestion; vendor lists validation controls.
Duplicate Detection Identification and elimination of duplicate entries.		No information available
Data Archiving Automated archiving based on policies.		No information available
Data Import Quality Checks Onboarding data with built-in quality and consistency checks.		No information available
Master Data Management Maintains single, accurate records of core entities.		Counterparty and contract master tables imply master-data management.
Custom Field Support Users can define custom fields for specialized contract or claim data.		No information available
Retention Schedule Management Configurable rules for data aging and removal.		No information available

System Uptime Guaranteed or average percentage of system availability.		No information available
Transaction Processing Speed Average time to complete transactions.		No information available
Concurrent User Support Number of users the system can support simultaneously.		No information available
Disaster Recovery Time Time to restore the system after a catastrophic failure.		No information available
Scalability Metrics Ability to handle increasing transaction or data volumes.		No information available

24/7 Customer Support Access to technical/customer support at all times.		Vendor offers 24/7 support per service brochure.
Onboarding Assistance Help with setup, configuration, and data migration.		Implementation/onboarding services advertised.
Documentation Quality Comprehensive user and API documentation.		Comprehensive documentation touted for auditors and IT.
User Community/Forum Active user community for best practices and peer support.		No information available
Training Services Availability of training (online, in-person, or hybrid).		Training services (online & onsite) listed under services.
Service Level Agreements (SLAs) SLAs covering response and resolution times.		No information available
Regular Updates Frequency of software patches and feature upgrades.		No information available

Reinsurance Technical Administration System (R-TAS) from Axxis Systems

Product analysis by function

Reinsurance Management Software for Risk Management

Contract Management (7 Yes /7 Known /12 Possible features)

Premium and Claims Tracking (6 Yes /6 Known /10 Possible features)

Financial Accounting and Reconciliation (3 Yes /3 Known /9 Possible features)

Risk Analytics and Reporting (2 Yes /2 Known /10 Possible features)

Optimization and Decision Support (0 Yes /0 Known /8 Possible features)

Integration and Interoperability (2 Yes /2 Known /7 Possible features)

Security and Compliance (2 Yes /2 Known /7 Possible features)

User Experience and Accessibility (5 Yes /5 Known /8 Possible features)

Data Management (2 Yes /2 Known /7 Possible features)

System Performance and Reliability (0 Yes /0 Known /5 Possible features)

Support and Vendor Services (4 Yes /4 Known /7 Possible features)