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Description
RI-TOOL is a sophisticated multi-tenant SaaS solution designed specifically for reinsurance experts to effectively document, organize, and codify treaty clauses. Each clause is represented as a directed acyclic graph (DAG) of operands, allowing for the accurate and machine-readable formalization of intricate contractual logic that traditional spreadsheets fail to deliver. The platform facilitates the entire reinsurance process across nine specialized roles, including clause drafting by Junior underwriters, validation by Senior underwriters, actuarial formalization by Actuaries, exposure graph modeling by Risk Modelers, contract creation by Managers, and statement-of-account generation by both SOA Seniors and SOA Juniors. Each tenant is provided with a dedicated workspace that comes pre-equipped with a foundational library containing standard clauses, basic DAG graphs (akin to LEGO bricks), and SOA templates that address areas such as Profit Commission and Loss Participation. Additionally, the platform features a comprehensive glossary of 298 terms available in 14 different languages, including English, French, German, and Spanish, among others. Furthermore, all documents are securely stored utilizing AES-256-GCM encryption, ensuring the utmost protection of sensitive information. This robust framework not only streamlines the workflow but also enhances collaboration among reinsurance professionals.
Description
Sapiens ReinsuranceMaster serves as an all-encompassing platform tailored for extensive and global reinsurance initiatives, delivering complete control over finances and adaptability for various business sectors. By automating intricate programs with customizable workflows and procedures, it guarantees adherence to auditing standards and statutory regulations, while accommodating operations in multiple countries and currencies. The system significantly improves financial precision with accurate premium calculations, enhanced claim recovery features, and meticulous process monitoring to mitigate financial losses. Integrated analytics provide a unified perspective on liabilities and risks, leveraging a rich data warehouse and crucial KPIs to facilitate strategic decision-making. Additionally, its integration features support standard connections to policy and claims management systems, seamless incorporation with document management tools, and comprehensive management of workflows and activities across different business functions, ensuring a streamlined operational experience. This holistic approach not only optimizes efficiency but also empowers organizations to navigate the complexities of the reinsurance landscape with confidence.
API Access
Has API
API Access
Has API
Integrations
No details available.
Integrations
No details available.
Pricing Details
$0
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
RI-TOOL
Founded
2026
Country
France
Website
ri-tool.com
Vendor Details
Company Name
Sapiens
Founded
1982
Country
Israel
Website
sapiens.com/products/reinsurancemaster-reinsurance-software/