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What is TIS?

A comprehensive insurance software solution designed specifically for firms that handle both personal and commercial lines of business. The system's individual modules operate on a shared database and a centralized set of business rules for effective data oversight. It provides a multitude of core functions critical to the insurance sector, such as managing client accounts, overseeing underwriting processes, creating policies and endorsements, processing claims, and managing co-insurance and reinsurance activities. Furthermore, it offers capabilities for billing, payment collection, cash management, as well as agency and commission tracking, production workflows, and detailed management reporting—all within a flexible platform that accommodates multiple companies, currencies, and languages. In addition, the software includes features for reinsurance accounting, automated underwriting systems, an Insurance Products Generator, and a rating tool designed to enhance operational efficiency. This powerful software not only simplifies policy administration and agent commission management, but it also plays a crucial role in the ongoing evolution of insurance operations. With its extensive functionalities, the platform ensures that insurance providers can efficiently adapt to the changing landscape of the industry.

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.

Media

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Not specified

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Not specified

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Comtec Global

Company Website

www.comtecglobal.com/tis

Company Facts

Organization Name

Sapiens

Date Founded

1982

Company Location

Israel

Company Website

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

Categories and Features

Insurance Agency Management

Claims Management
Commission Management
Insurance Rating
Life & Health
Policy Management
Property & Casualty

Insurance Policy

Claims Tracking

Reinsurance

Not specified

Categories and Features

Reinsurance

Not specified

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