A sound Reinsurance (RI) process has become critical for Property and Casualty (P&C) insurance companies in the wake of the increasing social and natural risks. Along with it, the falling business margins demand you to have reinsurance solutions that are not only efficient, but also cost effective.

NIIT Technologies brings you reinsurance solutions that help you assess your business risks accurately, and decide on the kind of reinsurance cover that would suit your needs.

Solutions

NIIT Technologies has IP-led solutions and the Solution Accelerator for the reinsurance space. Our Commercial Insurance suite packs a host of products for this:

• The Reinsurance module in Subscribe provides rich functionality for managing facultative and proportional treaty reinsurance programmes to create a net of reinsurance accruals
• The enterprise wide datawarehousing solution, Acumen Advantage, provides for RI Proportional processing and RI Allocation.

Business Value

With NIIT Technologies team of reinsurance experts, your business gains tremendous advantages.

• Multifold improvements in people productivity as manual calculations and other interventions are reduced
• Improved and timely decision making as you get consolidated view of the business spanning the securities, risks and liabilities
• Easy compliance to industry norms