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What is Sapiens ReinsurancePro?

Sapiens ReinsurancePro is a comprehensive solution designed to optimize the underwriting and management of various reinsurance types, such as treaty, facultative, ceded, assumed, and retroceded. It features robust accounting capabilities that guarantee compliance with auditing standards and legal requirements, complemented by automated billing that enables quick Schedule F generation with just one click. By seamlessly integrating with policy and claims management systems, the platform automates the identification and calculation of cessions, significantly enhancing operational productivity. The automation present in contracts, calculations, and processes provides thorough financial oversight while reducing the likelihood of claims leakage. With a strong emphasis on a cloud-first approach, ReinsurancePro offers flexible deployment options and a scalable infrastructure that can adeptly handle large volumes of data with both speed and reliability. Its rapid input/output capabilities, combined with efficient transaction processing, further improve the system's performance, making it an essential resource for reinsurance experts. Furthermore, the intuitive interface of the platform allows users to navigate its features with ease, ensuring they can fully leverage its offerings to their advantage. This combination of functionality and user-friendliness positions ReinsurancePro as a standout choice in the reinsurance technology landscape.

What is Majesco CloudInsurer?

A cloud-based insurance platform provides swift competitive benefits, ensuring effective pricing and scalability. This adaptable Business Platform serves a wide range of insurers, from emerging startups to well-established insurers and reinsurers, all eager to capitalize on the rising prospects for innovation and growth. Insurers are increasingly aware of the significant shifts occurring within the industry, recognizing the imperative to evolve in order to stimulate growth and sustain a competitive advantage. As the environment undergoes rapid transformations and disruptions, the integration of technology with business strategies has become crucial, signaling a shift from Insurance 1.0 to Digital Insurance 2.0. Beyond competition, insurers are also influenced by pressures from suppliers, partners, and distribution channels. Nevertheless, their foremost priority remains to meet the escalating expectations of their most important asset: the customer. In this constantly changing marketplace, being adaptable and responsive is vital for lasting success, and the ability to innovate will ultimately determine which insurers thrive.

Media

Media

Integrations Supported

Majesco

Integrations Supported

Majesco

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
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

Sapiens

Date Founded

1982

Company Location

Israel

Company Website

sapiens.com/products/reinsurancepro-reinsurance-administration-automation-software/

Company Facts

Organization Name

Majesco

Company Location

United States

Company Website

sourceforge.net/software/product/RiskMatch/

Categories and Features

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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