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Description
Prima XL, previously known as WebXL, is a robust and user-friendly cloud-based software designed for the reinsurance industry, enabling insurers, reinsurers, and brokers to gather, centralize, and analyze all relevant data effectively. This platform meticulously monitors all aspects of your reinsurance agreements, encompassing treaties, facultative policies, claims, incidents, accounting and technical data, as well as various financial details. Users can effortlessly oversee their policies, managing everything from underwriting processes to switches and renewals. Prima XL is designed with flexibility in mind, accommodating international enterprises that work with multiple currencies and adhere to various GAAP standards. By consolidating all reinsurance policies within a single platform, Prima XL enhances data visibility and security, streamlining data management. Furthermore, the software adeptly manages a wide array of contracts, including treaties, facultative reinsurance, proportional and non-proportional agreements, excess loss, stop loss, and quota share arrangements, ensuring comprehensive coverage for all reinsurance needs. With its powerful analytical tools, Prima XL empowers organizations to make informed decisions based on real-time data insights.
Description
Moody's TreatyIQ provides sophisticated financial modeling and comprehensive analytics for reinsurers regarding treaties and portfolios. This powerful financial model is capable of accommodating intricate treaty arrangements, allowing underwriters to evaluate risk exposure, analyze pricing effectiveness, and develop well-structured portfolios. The platform integrates treaty underwriting and portfolio management into one cohesive ecosystem, facilitating the creation and examination of complex treaty and portfolio setups without the need for manual calculations or workarounds. By leveraging TreatyIQ, underwriters can enhance their treaty reinsurance profitability, fostering opportunities for business expansion and investment. A leading global reinsurer significantly improved its portfolio management by utilizing Moody's RMS TreatyIQ, achieving treaty roll-up processes that were 90 times quicker and reducing blind spots by 14%. Furthermore, by revolutionizing treaty risk analytics, TreatyIQ allows insurers to accurately gauge the marginal effects of each treaty on the entire portfolio, as well as the immediate impact of the overall program. This enhanced clarity ultimately supports more informed decision-making and strategic planning within the reinsurance sector.
API Access
Has API
API Access
Has API
Integrations
Moody's Intelligent Risk Platform
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
Prima Solutions
Founded
2000
Country
France
Website
www.prima-solutions.com/en/products/prima-cloud-reinsurance-software/
Vendor Details
Company Name
Moody's Corporation
Country
United States
Website
www.moodys.com/web/en/us/who-we-serve/insurance/intelligent-risk-platform/treatyiq.html
Product Features
Insurance Agency
Claims Management
Commission Management
Contact Management
Document Management
Insurance Rating
Life & Health
Policy Management
Property & Casualty
Quote Management