Insurance companies that use dedicated software to manage ceded reinsurance reduce financial and regulatory risks, says Joseph Sebbag, CEO of Effisoft USA.
Effisoft’s WebXL reinsurance system will be demonstrated at the NAMIC conference, September 27-30 in San Diego.
Other benefits include eliminating claims leakage, management of recoverables, and business intelligence, Sebbag says. A reinsurance system gives insurers fully automated processing and tight control over processes, regulatory reporting and claims.
Aon Inpoint leverages WebXL to deliver its comprehensive Reinsurance Processing Services (RPS) at a fraction of the cost of licensing, implementing, and maintaining a dedicated reinsurance system.
Focused on small and mid-sized carriers that are often using spreadsheets for their reinsurance processing, Inpoint’s RPS can handle all of a carrier’s reinsurance processing needs and allow valuable reinsurance professionals to focus on analysis and other value-added activities.
Win IPad Mini and FitBit Effisoft USA and AON Inpoint will share a booth at the NAMIC convention. All registrants and visitors to the NAMIC booth will have a chance to win an iPad mini and a FitBit.
Aon Inpoint is the leading global management consulting firm focused exclusively on the insurance and reinsurance industry. As trusted advisors with unmatched experience in strategy, claims, and reinsurance operations, they deliver credible and practical solutions to empower clients’ financial performance.
Effisoft’s WebXL reinsurance software is a proven comprehensive solution that has withstood the test of time for 20 years and the rigors of real-world conditions with more than 1,000 daily users worldwide.
Effisoft USA is the North American division of Effisoft, founded in 1989 as an independent, expanding, proactive company that respects its commitments towards its clients. It is committed to improving its products and services to provide impeccable support to an increasingly diversified and demanding market.