FIS Reinsurance Manager Reviews

Predict360, developed by 360factors, serves as a comprehensive risk and compliance management platform designed to streamline workflows and improve reporting for various financial institutions, including banks, credit unions, and insurance companies. This cloud-based SaaS solution consolidates essential components such as regulations, compliance management, risk assessments, controls, key risk indicators (KRIs), audits, policies, and training into one cohesive platform while offering powerful analytics and insights that help clients foresee risks and enhance compliance efforts. If your current Governance, Risk, and Compliance (GRC) system isn't equipped with an effective analytics and business intelligence tool for creating insightful reports for executives and board members, consider Lumify360 from 360factors. This predictive analytics platform can seamlessly integrate with any existing GRC, allowing you to maintain your workflow processes while equipping stakeholders with the timely reports and dashboards they require for informed decision-making. With these advanced tools at your disposal, you'll be better positioned to navigate the complexities of regulatory compliance and risk management.

Macaw AMS serves as a robust platform for selling insurance, utilized by brokers, MGAs, MGUs, Program Managers, and Lloyds Coverholders to streamline their business processes effectively. Designed with a focus on customer needs, it encompasses functionalities for CRM, Sales, and Underwriting, providing customers, producers, and service providers with access to user-friendly self-service portals. Additionally, Macaw AMS includes integrated Document Management and Task Management features, along with adaptors for seamless services such as eSignature, Payments, OFAC checks, and Mass Emailing, utilizing third-party solutions. The data analytics capabilities of Macaw AMS deliver advanced data visualization through predefined dashboards, enabling users to upload datasets and explore dynamic charts that offer insightful, multi-dimensional perspectives. With interactive, real-time visualizations, users can identify trends and derive insights that promote well-informed decision-making. Hosted on a secure cloud infrastructure, Macaw AMS is built on a relational database, with its primary Java-based components crafted in Java, allowing for efficient processing of 500-1000 policies daily at peak performance. As a notable benefit, Macaw AMS aims to decrease the per-policy costs by 30%, making it an attractive choice for insurance professionals looking to optimize operations. Ultimately, its comprehensive features and cost-saving potential position Macaw AMS as a transformative solution in the insurance industry.

Pivot Point is a robust reinsurance transaction platform developed by CATEX that aims to revolutionize how brokers and general agents manage reinsurance information. This integrated system brings together placement, contracts, accounting, claims, and reporting into a singular interface, ensuring consistent access and reporting across multiple business lines. A notable feature is its company management tool, which keeps vital contact information and relationships organized; contract management that provides oversight of various contract types with complex terms; and claims management that ties claims data directly to the corresponding contracts. Furthermore, it includes accounting and settlement features that automate the creation of statements and payment schedules, as well as management reporting and analytics that utilize embedded dashboards powered by Power BI for enhanced reporting capabilities. By unifying these different functions, Pivot Point not only streamlines operational workflows but also reduces manual tasks and greatly enhances data accuracy. This platform is designed to address the challenges faced in the reinsurance sector, making it an essential resource for improving both productivity and operational effectiveness. As a result, Pivot Point stands out as a transformative solution that meets the evolving demands of the industry.