Product innovations in German life insurance
Today, doing business in digital is a state of mind. When it comes to the management of reinsurance, all insurers are expecting full system support when dealing with outgoing reinsurance premiums, calculations of all relevant reinsurance values, and reporting. That is why efficiency-oriented companies are looking to bring order into the until now tiresome processing of long spreadsheets and complex statistics.
UAP.Reinsurance is an effective cloud-ready solution which perfects the full range of services required by an insurance company for end-to-end coverage across the entire insurance value chain of its life cycle. The system supports, both proportional and non-proportional reinsurance, including obligatory as well as facultative reinsurance. Our solution makes it possible to keep all of your reinsurance treaties in one place defining rules of settlement of reinsurance values, have all information at hand at any given moment, and to link those reinsurance rules, to an arbitrary number of reinsurance companies. With UAP.Reinsurance also being a user-oriented system, it also enables the user to gain insight, not only on which parts of insurance contracts are reinsured, but also the distribution of reinsured risks within the process of underwriting.
Make it part of your IT landscape as an integrated part of your system, or use all of its services as an independent system, either way, gather, centralise and analyse your reinsurance data with precision and speed.
IF YOU NEED MORE INFORMATION
let us know.
We are happy to help!
Our highly efficient, standard IT solution optimises your administrative processes and provides extensive mapping of all relevant data – with a uniform system architecture that enables safe and optimal implementation of your reinsurance business.
The option of prescheduled batch processing allows you to significantly increase the automation of complex routine tasks and also reduce processing times. Thus, our solution boosts productivity and processing quality considerably, especially in the digital world of processes.
Predefined interfaces ensure a seamless workflow for all your business processes – from the import of contract states, technical provisions, claims and claim reserves from the contract administration system as well as export to the general ledger and data warehouse to the authorisation service and the user interface. UAP.Reinsurance supports a secure and reliable information exchange and quick production start at all times.
WEB SERVICE UNDERWRITING
UAP.Reinsurance provides a synchronised support of contract management systems to provide information regarding reinsurance portions and accumulation of risks in the offer during the quoting process.
THE POWER OF THE CLOUD
Our microservice-structured software solution can be deployed in the form of Docker images and is therefore cloud-ready. The cloud offers various possibilities and opportunities for your company – such as auto scaling, advanced resilience and self-healing mechanisms, replications over different data centres and time zones, detailed monitoring, 24/7 availability, modern security technologies and all the other benefits that come with cloud environments.
COMPREHENSIVE DevOps SERVICE
Since our software solution is cloud-ready, msg life can provide the application environment, software maintenance and technical operations. With its flexible financing models, the level of service can be individually tailored to your needs.
Tel: +49 711/9 49 58-0