Manage the Process for Efficiency and Compliance

Straight Through Processing

Establish Straight Through Processing with Integration

The eReinsure platform is designed to improve efficiency and accuracy of information exchanged between insurers and their reinsurance partners. The use of technology, such as XML (Extensible Markup Language) and SOAP (Simple Object Access Protocol), can make the purchase of reinsurance a seamless part of the insurance process.

  • Negotiate individually and privately with each reinsurer.
  • Track the progress of each private negotiation online as you arrange coverage with your partners.
  • Collaborate on terms and conditions, including alternate reinsurance structures and counter offers.
  • Bind reinsurance contracts online and view or download a summary of the agreement.

Benefits of Integration

  • Reduce errors.
  • Receive data in real-time. Integration messages are generated and accepted as the business event occurs and are immediately delivered to the customer system.
  • Reduce manual data entry and re-keying.
  • Enhance the accuracy of transactions.
  • Increase the speed, accuracy and efficiency of the management of claims, premium, policies and accounting.