Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
Duck Creek Reinsurance streamlines and automates the entire reinsurance process by consolidating information associated with contracts, which encompasses treaties, facultative policies, claims, incidents, as well as various financial and technical data. This adaptable solution oversees contracts throughout their lifecycle, including underwriting, endorsements, and renewals, and accommodates multiple currencies and GAAP standards. By efficiently calculating recoveries and swiftly generating reinsurance invoices, it ensures that all claims eligible for coverage are accurately identified, thus fulfilling the objectives of both ceded and assumed reinsurance in terms of risk management and capital optimization. The digital transformation of reinsurance administration empowers finance and risk management teams to utilize data more effectively, facilitating crucial decisions about risk tolerance and enhancing contract discussions. Moreover, the shift towards automation, standardization, and enhanced data transparency eliminates the reliance on cumbersome tools such as spreadsheets and outdated databases, ultimately improving operational efficiency. In effect, this comprehensive approach not only simplifies processes but also fosters a more strategic alignment between risk management and financial objectives.
Description
Swiss Re provides an extensive array of reinsurance solutions aimed at assisting insurers in refining risk management and enhancing analytical capabilities throughout the insurance value chain. Their portfolio includes both property & casualty and life & health reinsurance options, delivering customized coverage and cutting-edge tools that address the dynamic requirements of the re/insurance sector. By utilizing state-of-the-art technology and insights driven by data, Swiss Re empowers its clients to manage risks proficiently, boost operational efficiency, and seize emerging market opportunities. The company engages directly with clients and collaborates through brokers, serving a diverse clientele that includes insurance firms, mid-to-large corporations, and public sector entities. Whether offering standard products or bespoke coverage across various business lines, Swiss Re leverages its financial strength, deep expertise, and innovative capabilities to support the risk-taking essential for enterprise growth and societal advancement. This commitment to innovation and client support positions Swiss Re as a leader in the ever-evolving landscape of reinsurance.
API Access
Has API
API Access
Has API
Integrations
Duck Creek Suite
FurtherAI
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
$158.02 per month
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
Duck Creek
Founded
2000
Country
United States
Website
www.duckcreek.com/product/reinsurance/
Vendor Details
Company Name
Swiss Re
Founded
1863
Country
Switzerland
Website
www.swissre.com/reinsurance/reinsurance-solutions.html
Product Features
Product Features
P&C Insurance
Billing & Invoicing
Broker / Agent Portal
Claims Management
Commission Management
Customer Portal
Document Management
Insurance Rating
Marketing Automation
Policy Management
Quote Management
Reinsurance Administration
Underwriting Management