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 ReinsurancePro is an all-encompassing platform tailored to streamline the underwriting and management of various forms of reinsurance, including treaty and facultative, as well as ceded, assumed, and retroceded types. This platform boasts strong accounting features that ensure adherence to auditing standards and statutory obligations, alongside automated billing that facilitates one-click Schedule F generation. By integrating seamlessly with policy and claims management systems, it automates the identification and computation of cessions, thus boosting operational efficiency. The automation embedded in contracts, calculations, and processes grants comprehensive financial oversight while minimizing the risk of claims leakage. Emphasizing a cloud-first strategy, ReinsurancePro presents adaptable deployment options and a scalable framework that can efficiently manage substantial data volumes with speed and reliability. Its rapid input/output capabilities and swift transaction processing further enhance the system's overall performance, making it a pivotal tool for reinsurance professionals. Additionally, the platform's user-friendly interface ensures that users can easily navigate its features and maximize its potential.
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/reinsurancepro-reinsurance-administration-automation-software/