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features
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Description

RI-TOOL is a sophisticated multi-tenant SaaS solution designed specifically for reinsurance experts to effectively document, organize, and codify treaty clauses. Each clause is represented as a directed acyclic graph (DAG) of operands, allowing for the accurate and machine-readable formalization of intricate contractual logic that traditional spreadsheets fail to deliver. The platform facilitates the entire reinsurance process across nine specialized roles, including clause drafting by Junior underwriters, validation by Senior underwriters, actuarial formalization by Actuaries, exposure graph modeling by Risk Modelers, contract creation by Managers, and statement-of-account generation by both SOA Seniors and SOA Juniors. Each tenant is provided with a dedicated workspace that comes pre-equipped with a foundational library containing standard clauses, basic DAG graphs (akin to LEGO bricks), and SOA templates that address areas such as Profit Commission and Loss Participation. Additionally, the platform features a comprehensive glossary of 298 terms available in 14 different languages, including English, French, German, and Spanish, among others. Furthermore, all documents are securely stored utilizing AES-256-GCM encryption, ensuring the utmost protection of sensitive information. This robust framework not only streamlines the workflow but also enhances collaboration among reinsurance professionals.

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 No 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

No details available.

Integrations

No details available.

Pricing Details

$0
Free Trial Yes 
Free Version Yes 

Pricing Details

No price information available.
Free Trial No 
Free Version 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 

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 No 
Live Rep (24/7) No 
Online Support Yes 

Customer Support

Business Hours Yes 
Live Rep (24/7) Yes 
Online Support Yes 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) No 
In Person No 

Types of Training

Training Docs Yes 
Webinars Yes 
Live Training (Online) Yes 
In Person Yes 

Vendor Details

Company Name

RI-TOOL

Founded

2026

Country

France

Website

ri-tool.com

Vendor Details

Company Name

Sapiens

Founded

1982

Country

Israel

Website

sapiens.com/products/reinsurancepro-reinsurance-administration-automation-software/

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Product Features

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