Reinsurance Management
SunGard’s iWorks Reinsurance Management software provides an administrative toolkit for reinsurance professionals. The system handles assumed and ceded reinsurance, tracks payables and receivables and manages compliance and reporting. By streamlining these operations, the Reinsurance Management solutions help improve efficiency in your organization while saving you time. Their open design helps you adjust to changes in regulations, the industry and your growing company.
Features
- Tracks accounting information and helps deliver credit control and regulatory reports
- Supports contract administration and claims processing
- Supports cash management and inter-company pooling
- Identifies overdue balances to monitor debts
- Consolidates compliance and reporting information into a central database
- Uses data capture on registry to accelerate submission registration
Benefits
- Reduces system costs and speeds up processing through automated features
- Cuts reporting costs by compiling and organizing data
- Streamlines operations and maximizes collections
- Keeps track of business operations and consequent actions