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What is Sibro?

Sibro's insurance broker software offers a holistic approach to managing every facet of an insurance policy, encompassing everything from client management and renewal follow-ups to preparing RFQs, comparing various quotes, processing payments, and systematically delivering policies to clients, as well as managing endorsements and additional tasks. Its claims management module stands out by not only allowing for effective tracking but also by automating and streamlining the entire claims process internally, recommending necessary documentation for claims and providing real-time updates through TPA integration. This software presents users with innovative and surprising solutions to their challenges. In addition, the accounting module within Sibro diligently corrects any discrepancies, ensuring that insurance brokers receive their due payments promptly, while also allowing for thorough monitoring and reconciliation of each receivable invoice, thus identifying any brokerage payment oversights. Furthermore, Sibro simplifies the compliance process with the IRDAI, making it easier for brokers to adhere to regulations. By incorporating these features, Sibro significantly boosts operational efficiency, ultimately enhancing the entire workflow for insurance brokers and enabling them to serve their clients better. As a result, users can focus more on building relationships and less on administrative burdens.

What is Prima XL?

Prima XL, which was formerly referred to as WebXL, is an advanced and intuitive cloud-based software tailored specifically for the reinsurance sector, allowing insurers, reinsurers, and brokers to effectively gather, centralize, and analyze pertinent data. This comprehensive platform diligently keeps track of every element of your reinsurance agreements, including treaties, facultative policies, claims, incidents, as well as financial and accounting information. Users find it easy to manage their policies, overseeing everything from underwriting tasks to renewals and adjustments. With flexibility at its core, Prima XL caters to global enterprises that deal with multiple currencies and comply with various GAAP standards. By unifying all reinsurance policies into a single system, it significantly improves data visibility and security while optimizing data management practices. Moreover, the software is capable of handling a diverse array of contracts such as treaties, facultative reinsurance, proportional and non-proportional agreements, excess loss, stop loss, and quota share arrangements, thereby ensuring comprehensive solutions for all reinsurance requirements. With powerful analytical capabilities, Prima XL not only facilitates informed decision-making but also allows organizations to respond swiftly to emerging market trends. This adaptability and robustness make Prima XL an essential tool for any business operating within the reinsurance landscape.

Media

Media

Integrations Supported

Google Drive

Integrations Supported

Google Drive

API Availability

Has API

API Availability

Has API

Pricing Information

$4500.00/one-time/user
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Sibro

Date Founded

2011

Company Location

India

Company Website

sibro.xyz/

Company Facts

Organization Name

Prima Solutions

Date Founded

2000

Company Location

France

Company Website

www.prima-solutions.com/en/products/prima-cloud-reinsurance-software/

Categories and Features

Insurance Agency

Claims Management
Commission Management
Contact Management
Document Management
Insurance Rating
Life & Health
Policy Management
Property & Casualty
Quote Management

Categories and Features

Insurance Agency

Claims Management
Commission Management
Contact Management
Document Management
Insurance Rating
Life & Health
Policy Management
Property & Casualty
Quote Management

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