A reinsurance management system has become a necessity for insurers. But installing a new ceded reinsurance system can go wrong if you don't follow the right strategy.
PARIS, FRANCE / ACCESSWIRE / November 15, 2018 / A whitepaper detailing the different challenges an insurance company must cope with when automating its reinsurance operations is now available from Effisoft. It incorporates the unrivaled expertise in reinsurance information system projects Effisoft has gained implementing its WebXL software for nearly 20 years.
Reinsurance and insurance are complex and company-specific. There are thus many risks inherent in implementing a tailored solution to automate the management process. They include incomplete functionality, difficult integration with the existing information system, complex implementation processes, poor project management as well as unreliable vendors and increased costs due to slippage.
To mitigate these risks, both the vendor and insurer must rely on a proven implementation methodology. The new whitepaper gives the various steps an insurance company needs to follow to ensure implementation goes smoothly.
Download Eight Steps for a Successful Reinsurance System Implementation.
About Effisoft
Founded in 1989, Effisoft is a Paris-based international group that designs software solutions for insurance and reinsurance professionals. The group specializes in optimizing reinsurance operations and regulatory compliance with Solvency II. Effisoft supports 300 clients in more than 20 countries through its offices in France and the United States and its worldwide network of partners. Web: www.effisoft.com.
About Effisoft USA
Based in Coral Gables, Florida, Effisoft USA is Effisoft's North American division. U.S. clients include State Auto Insurance Companies, The Motorists Insurance Group, USAA, AXA, Genpact and other insurers. Web: www.effisoft.com/us.
Contact: Henry Stimpson, Stimpson Communications, 508-647-0705, [email protected]
SOURCE: Effisoft USA