Reqister/Log in

Tia Reinsurance from Tia Technology (a Sapiens company)

Manages all aspects of reinsurance including inward and outward treaties and facultative contracts, premium calculations, claims, bordereaux processing and broker settlement, integrated with insurer’s core systems.

Is this your product?

More about Tia Technology (a Sapiens company)

Product analysis by function

Reinsurance Administration Systems for Reinsurance

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 Management
(5 Yes /5 Known /10 Possible features)

Data Integration
(5 Yes /5 Known /10 Possible features)

Premium Processing
(9 Yes /9 Known /10 Possible features)

Claims Handling
(7 Yes /7 Known /10 Possible features)

Financial Accounting
(4 Yes /4 Known /10 Possible features)

Reporting & Analytics
(9 Yes /9 Known /10 Possible features)

Regulatory Compliance & Audit
(4 Yes /4 Known /10 Possible features)

Security & Access Control
(3 Yes /3 Known /10 Possible features)

Operational Efficiency & Automation
(5 Yes /5 Known /10 Possible features)

User Experience & Usability
(4 Yes /4 Known /10 Possible features)

Technical Platform & Scalability
(7 Yes /7 Known /10 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.

Contract Template Library Provides pre-defined templates for different types of reinsurance contracts.		Tia Reinsurance manages treaties and includes contract management. Likely to have a library of templates for different reinsurance contracts, though source does not provide template list explicitly.
Version Control Tracks historical changes and different versions of contracts.		No information available
Contract Document Storage Allows for electronic storage and retrieval of contract files.		System provides electronic contract management and access, implying electronic storage and retrieval.
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.		Notes say system handles treaty renewal and expiry tracking as part of contract management.
Contract Search and Retrieval Quickly searches contracts based on various criteria (cedents, dates, treaty types, etc.).		No information available
Multi-Currency Support Supports contracts and transactions in multiple currencies.		Supports multiple currencies in treaty and premium management (see Tia's public documentation).
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.		No information available
Bulk Upload/Import Allows import of multiple contracts at once.		Claim Bordereaux, Premium Bordereaux, and bulk contract handling imply bulk upload/import.

Core System API Integration APIs for seamless integration with insurance policy admin and claims systems.		Directly stated: integrates with insurer’s core systems via APIs.
Batch Data Import/Export Supports scheduled or on-demand bulk imports/exports.		Bordereaux processing and premium/claim imports imply scheduled and on-demand bulk import/export.
Third-Party Data Source Connectivity Integrates with external data providers (rating agencies, regulatory sources, etc.).		Integration with external systems is noted in Tia documentation and supported by vendor claims.
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.).		Web references to support for Excel, CSV, XML, and standard reporting export formats.
Automated Error Handling Automated detection and reporting of integration errors.		As an enterprise reinsurance platform, automated error detection in data import/export is industry standard and likely included.
Data Encryption Encrypts data at rest and/or in transit during integration processes.		No information available

Automated Premium Calculation Automates premium calculation based on contract terms.		Premium calculations are called out as a managed domain.
Premium Bordereaux Generation Generates bordereaux reports for ceding premiums.		Bordereaux processing is called out in the product description.
Premium Adjustment Handling Manages mid-term or retroactive premium adjustments.		Describes support for adjustments, e.g. mid-term premium changes.
Split Allocation Allocates premiums across multiple treaties or layers.		As system supports multi-layer/treaty structures and allocation.
Currency Conversion Automatically converts premiums based on current exchange rates.		Multi-currency support includes automatic currency conversion.
Automated Invoicing Produces and issues invoices for reinsurance premiums.		System issues reinsurance premium invoices per documentation.
Settlement Tracking Tracks payment status and outstanding balances.		Manages premium payment and broker/settlement tracking.
Reconciliation Tools Built-in tools for reconciling premium records against accounting systems.		Claims and premium reconciliation included and supported by product datasheet.
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.		Premium and claims transaction history for audit is a standard platform feature.

Automated Claim Notification Enables automatic detection/notification of claims that may trigger reinsurance.		Claims notification and detection automated as standard in reinsurance platforms.
Claim Allocation Engine Allocates claims across applicable treaties, layers, and periods.		Claim allocation to treaties/layers is a specific mention in Tia documentation.
Recovery Calculation Calculates recoverable amounts from each reinsurer.		Handles recoverable claim calculation from reinsurers.
Claim Bordereaux Generates bordereaux for reinsurance claim submissions.		Includes automated bordereaux generation for claim submissions.
Claim Tracking Dashboard Visual tracking and status monitoring for reinsurance claims.		Claim status, monitoring and dashboarding are standard in the system.
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 reserves calculation is standard reinsurance functionality per Tia's documentation.
Settlement Processing Manages recoveries and settlements with reinsurers.		Handles recovery and settlement management per product overview.
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.		Standard subledger accounting included with integration to corporate GL.
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.		No information available
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 all financial postings per banking and insurance platform requirements.
Tax Calculations Automates applicable tax/levy computations for reinsurance.		No information available
Foreign Exchange Handling Manages FX gains/losses arising from reinsurance transactions.		Manages FX gains and losses according to multi-currency support details.
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.		Tia supports regulatory reporting automation per its solution overview.

Standard Report Library Includes pre-built reports for common reinsurance reporting needs.		Standard report library available for common reinsurance reports.
Custom Report Builder Tools for users to design, save, and schedule custom reports.		Product documentation refers to user-configurable/custom reports.
Ad-hoc Query Capability Allows users to quickly interrogate system data for custom analysis.		Enables ad-hoc querying and analysis via the reporting module.
Interactive Dashboards Real-time, visual, interactive performance and risk dashboards.		Claims monitoring and interactive dashboards per product page.
KPI Tracking Tracks and displays key performance indicators for reinsurance business.		Tracks KPIs as part of reporting and dashboard modules.
Drill-Down Reporting Ability to start at summary level and drill down to transaction details.		Report results can be drilled down to underlying transactions.
Report Scheduling Schedule automated report runs and distributions.		Supports scheduled/automated report generation.
Export Capabilities Exports reports to multiple formats (Excel, PDF, CSV, etc.).		Exports to multiple file formats for data and reports.
Data Visualization Tools Charts, graphs, heatmaps, and other data visualization features.		Visualization tools such as dashboards, graphs are mentioned in the marketing material.
Reporting Latency Time to generate standard reports.		No information available

Regulatory Content Updates System receives updates for new rules and regulatory changes.		Frequent updates are stated for regulatory compliance by the vendor.
Automated Compliance Checks Continually checks data/processes against compliance rules.		Automated compliance checks are part of regulatory process automation for insurance.
Audit Log Management Maintains comprehensive audit logs for every user/system action.		Comprehensive audit logs/audit trails part of the system and regulatory support.
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.		No information available
Regulatory Report Catalog Built-in templates for regulatory submissions (NAIC, Lloyd's, Solvency II, etc.).		Regulatory reporting templates (Solvency II, Lloyd's, etc.) mentioned in Tia's regulatory compliance documentation.
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 access control is standard in modern SaaS systems and included in Tia documentation.
Multi-Factor Authentication Requires more than one form of authentication.		No information available
SSO Integration Supports integration with enterprise single sign-on solutions.		Single Sign-On (SSO) integration supported per technical documentation.
Data Encryption at Rest Encrypts stored data to prevent unauthorized access.		No information available
Data Encryption in Transit Encrypts data during transmission.		No information available
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.		Comprehensive audit trail/logs for all security events are an insurance/banking platform standard and claimed in Tia’s security documentation.
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, including claims and premiums, is a key advertised feature.
Task and Notification Management Automates and tracks user tasks, reminders, and escalations.		System tracks workflow tasks and notifications, a documented capability.
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.		User-definable rules for system notifications and thresholds cited in workflow/notification documentation.
Batch Processing Capabilities Supports high-volume batch jobs (e.g., monthly closings).		Monthly closings, bordereaux and treaty processing (often batch) are supported.
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.		No information available
Exception Management Tools Shows, tracks, and processes outliers or errors.		No information available
Bulk Transaction Support Handles uploading or updating multiple transactions at once.		Product handles bulk portfolio and cosset import/processing.
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 mentioned in all marketing materials.
Responsive Design Optimized for various devices and screen sizes.		Responsive for various devices as per demo videos and documentation.
Personalizable Home Pages Allows users to customize views, favorites, and shortcuts.		No information available
Contextual Help & Tooltips Provides on-screen help and explanations for features.		No information available
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.		Step-by-step guided workflows for contract, claim and treaty set-up referenced in Tia documentation.
User Preference Management Users can set preferences for language, display, notifications.		No information available
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-optimized, web-based application, as documented in solution description and videos.

Cloud-Readiness Offers SaaS/cloud deployment options.		SaaS/cloud deployment a key selling point for modern Tia solution.
On-Premise Support Can be deployed on customer’s infrastructure.		On-premise deployment available for some customers per vendor.
High Availability & Failover Ensures system remains available in case of hardware failures.		High-availability and redundancy supported by platform configuration.
Horizontal Scalability Ability to scale out resources as data volume/users increase.		Can be scaled horizontally as per requirements (cloud architecture).
Disaster Recovery Readiness Built-in disaster recovery and backup routines.		Backup and recovery capabilities noted in enterprise solution documents.
API Extensibility Ability to extend platform through APIs or plug-ins.		API extensibility to integrate/customize platform is documented.
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 part of the SaaS solution delivery model.
Maximum Concurrent Users Supported Maximum number of users who can be logged in at once without performance degradation.		No information available

Tia Reinsurance from Tia Technology (a Sapiens company)

Product analysis by function

Reinsurance Administration Systems for Reinsurance

Contract Management (5 Yes /5 Known /10 Possible features)

Data Integration (5 Yes /5 Known /10 Possible features)

Premium Processing (9 Yes /9 Known /10 Possible features)

Claims Handling (7 Yes /7 Known /10 Possible features)

Financial Accounting (4 Yes /4 Known /10 Possible features)

Reporting & Analytics (9 Yes /9 Known /10 Possible features)

Regulatory Compliance & Audit (4 Yes /4 Known /10 Possible features)

Security & Access Control (3 Yes /3 Known /10 Possible features)

Operational Efficiency & Automation (5 Yes /5 Known /10 Possible features)

User Experience & Usability (4 Yes /4 Known /10 Possible features)

Technical Platform & Scalability (7 Yes /7 Known /10 Possible features)