Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
The Prevail Reinsurance System (PRS) serves as a thorough and automated solution for managing reinsurance effectively. With its powerful out-of-the-box features, PRS is easy to implement and can be readily adapted to accommodate shifts in business needs. The system boasts the most sophisticated cession calculation engine available, along with automated processes that enhance reinsurance management in the industry.
Designed to boost efficiency in handling reinsurance contracts, PRS simplifies the processing of premium and claim transactions, allowing users to effortlessly reconcile and track outstanding balances. Furthermore, it accelerates the reporting of data within your organization, ensuring that all reinsurance operations and information are securely housed in one accessible system for all users. This centralized approach not only enhances collaboration but also improves overall productivity across departments.
Description
Sapiens ReinsuranceMaster serves as an all-encompassing platform tailored for extensive and global reinsurance initiatives, delivering complete control over finances and adaptability for various business sectors. By automating intricate programs with customizable workflows and procedures, it guarantees adherence to auditing standards and statutory regulations, while accommodating operations in multiple countries and currencies. The system significantly improves financial precision with accurate premium calculations, enhanced claim recovery features, and meticulous process monitoring to mitigate financial losses. Integrated analytics provide a unified perspective on liabilities and risks, leveraging a rich data warehouse and crucial KPIs to facilitate strategic decision-making. Additionally, its integration features support standard connections to policy and claims management systems, seamless incorporation with document management tools, and comprehensive management of workflows and activities across different business functions, ensuring a streamlined operational experience. This holistic approach not only optimizes efficiency but also empowers organizations to navigate the complexities of the reinsurance landscape with confidence.
API Access
Has API
Yes
API Access
Has API
No
Integrations
No details available.
Integrations
No details available.
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Deployment
Web-Based
Yes
On-Premises
Yes
iPhone App
No
iPad App
No
Android App
No
Windows
Yes
Mac
Yes
Linux
No
Chromebook
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
Yes
Live Rep (24/7)
Yes
Online Support
Yes
Customer Support
Business Hours
Yes
Live Rep (24/7)
Yes
Online Support
Yes
Types of Training
Training Docs
Yes
Webinars
Yes
Live Training (Online)
Yes
In Person
Yes
Types of Training
Training Docs
Yes
Webinars
Yes
Live Training (Online)
Yes
In Person
Yes
Vendor Details
Company Name
Prevail Consulting, Inc.
Founded
2000
Country
United States
Website
www.prevailconsulting.com
Vendor Details
Company Name
Sapiens
Founded
1982
Country
Israel
Website
sapiens.com/products/reinsurancemaster-reinsurance-software/