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Average Ratings 0 Ratings
Description
VERMEG has developed SOLIFE, a robust policy administration system specifically designed for life and health insurance providers. This system streamlines the complete management of new business activities, policies, and claims, featuring capabilities such as cash and events management, seamless accounting integration, and oversight of distribution and fees. It also addresses reinsurance, tax and legal compliance, dedicated reporting, and efficient claims handling. With over two decades of industry experience informing its design, SOLIFE adopts a client-centric model and is regularly updated to align with evolving regulatory requirements, including MiFID and PRIIPs. The platform is built to facilitate digital processing via APIs and responsive design, ensuring a modern user experience. Its high degree of automation not only minimizes administrative expenses but also includes a versatile product-design workbench that enhances the speed of market delivery. Furthermore, the system accommodates various distribution models, making it adaptable to a wide range of business requirements, ensuring that it remains relevant in an ever-changing marketplace. This flexibility empowers insurance companies to optimize their operations and meet their unique challenges effectively.
Description
pasRe.Net is a comprehensive online automation platform designed specifically for reinsurance, facilitating every facet of the reinsurance workflow. This solution can seamlessly collaborate with other PAS software as part of a holistic insurance offering or function independently as a standalone tool within your existing systems. By operating online, pasRe.Net delivers instantaneous data updates, significantly boosting flexibility and operational efficiency in overseeing reinsurance contracts. The platform encompasses all components of the reinsurance ecosystem, including the management of reinsurers and brokers, treaty oversight, definition of reinsurance programs, specification of attachment points, analysis of premiums and losses, as well as reporting, cash application, and Schedule F production. It centralizes the management of all contracts, covering both facultative and treaty agreements such as quota share, surplus, excess, clash, and catastrophe. Moreover, the system supports retroactive adjustments for late placements or mid-term contract modifications, which is crucial for maintaining an acceptable level of risk exposure while ensuring compliance and adaptability in a dynamic market. This robust solution not only streamlines processes but also empowers users with the tools needed to make informed decisions in real-time.
API Access
Has API
API Access
Has API
Integrations
No details available.
Integrations
No details available.
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
Vermeg
Founded
1993
Country
Netherlands
Website
www.vermeg.com/product-solife/
Vendor Details
Company Name
Policy Administration Solutions
Founded
1996
Country
United States
Website
www.pasolutions.com/pasrenet