XLayers Description
XLayers, an ecosystem, allows for the end-toend management of active and passive reinsurance, including all aspects of retrocessions and assignments, from administrative to technical. It is a multicurrency system designed for insurance companies and groups. It manages proportional or non-proportional, mandatory and optional, reinsurance. XLayers allows for the management and certification reinsurance processes. From the allocation of technical items to reinsurance agreements (premiums and claims) to the preparation and feeding of the accounting systems, XLayers can manage and certify reinsurance processes. It is equipped with a sophisticated statistics system that filters and extracts detailed information. The platform is intuitive, fully integrated and consolidated, and can easily be fed with data from the portfolio management systems at the required level.
XLayers Alternatives
FIS Reinsurance Manager
FIS Reinsurance Manager, a source-independent system of reinsurance, is designed to improve operational efficiency and transparency among insurers. It is a centralized solution that automates reinsurance processes and reduces reliance on spreadsheets. Key features include automated accounts payable and receivable, open balance monitoring and standardized reporting. The platform integrates seamlessly with existing policy administration and claims management systems, as well general ledger packages. This allows for streamlined contract maintenance and billing, as well comprehensive financial and statutory reports. FIS Reinsurance Manager automates and centralizes reinsurance operations to help insurers manage complex contracts, improve accounting, claims control and ensure timely and accurate reporting.
Learn more
pasRE.Net
pasRe.Net automates all aspects of reinsurance. It can be used in conjunction with other PAS software to create a complete insurance system, or integrated into your current system. PasRe.Net is an online solution that provides real-time information, increasing flexibility and efficiency when managing reinsurance contracts. The platform integrates the entire reinsurance process including reinsurer management, broker management, treaty administration, reinsurance program management, attachment definitions, premium and loss analyses, reporting, cash application, and Schedule F generation. It manages all contract types in one system. This includes facultative and treaty contracts, such as quota shares, excess, clash and catastrophe. The solution allows retroactive processing for late placements and mid-term contract modifications, ensuring a manageable risk exposure.
Learn more
Sapiens ReinsuranceMaster
Sapiens ReinsuranceMaster offers full financial control, flexibility, and support for all lines of business. It automates complicated programs with adaptable workflows, processes, and auditing requirements. It also supports multi-country, multi-currency, and multi-language operations. The platform improves financial accuracy through precise premium calculations, superior claims recovery functionality, and detailed tracking of processes to prevent financial leakage. Embedded analytics provide a consolidated view on liabilities and risks using a comprehensive data repository, and essential KPIs for informed decision-making. Integration capabilities include standard APIs to policy and claim applications, native integration with documents management systems, as well as fully integrated workflows and activity management across all business processes.
Learn more
Prima XL
Prima XL, formerly WebXL, is a cloud-based, intuitive reinsurance software. It collects, centralizes and analyzes all data for brokers, reinsurers and insurers. Prima XL tracks all information related to your reinsurance policy (treaties, facultative policies and claims, incidents and technical data, financial data and more). All of your policies can be managed, from their underwriting through to their switching and renewals. Prima XL is a flexible solution that can be used by international organizations with multiple currencies and different GAAP requirements. Prima XL allows you to view all your reinsurance policies in one place. This gives you greater security and visibility in your data processing. Prima XL can handle all types of contracts including facultative reinsurance and treaties, as well as proportional and non-proportional contracts. It also handles excess loss, stop losses, quota shares, and many other issues.
Learn more
Integrations
Company Details
Company:
Engineering Group
Headquarters:
Italy
Website:
www.eng.it/en/solutions/platforms/reinsurance-platform
Media
Recommended Products
Power Up Your AI with Databricks – Free Trial
Take your data and AI to the next level with Databricks – free trial on AWS, Azure, or Google Cloud. Create production-ready Generative AI apps that are accurate, secure, and tailored to your business. Simplify data ingestion from hundreds of sources with effortless ETL automation. Plus, tap into instant, elastic serverless compute during your trial (available on AWS/Azure). Sign up with your work email now to unlock premium trial perks and transform how you work with data – don’t wait!
Product Details
Platforms
SaaS
Type of Training
Documentation
In Person
Customer Support
Phone Support
Online
XLayers Features and Options
XLayers User Reviews
Write a Review- Previous
- Next