Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
The FIS Reinsurance Manager is an innovative reinsurance solution that operates independently of any specific source, aiming to boost both operational efficiency and transparency within the insurance sector. This system offers a centralized, secure, and auditable framework that automates intricate reinsurance workflows, minimizing dependence on outdated spreadsheets and legacy platforms. Among its notable features are automation for accounts payable and receivable, monitoring of open balances, and capabilities for standardized reporting. The platform effortlessly integrates with current policy and claims management systems, as well as general ledger solutions, making contract maintenance, billing, and thorough financial and statutory reporting more efficient. By centralizing and automating reinsurance tasks, the FIS Reinsurance Manager empowers insurers to navigate complex contracts with greater effectiveness, enhances accounting and claims oversight, and guarantees timely and precise reporting. Ultimately, this results in a more streamlined operational process for insurers, allowing them to focus on their core business objectives.
Description
The AXIS actuarial system from Moody’s Analytics stands out as a comprehensive modeling tool utilized by insurers, reinsurers, and consultants for conducting actuarial assessments related to life insurance and annuity operations. This system prioritizes performance and simplicity in implementation while offering flexibility, durability, scalability, and cost-effectiveness. It enables users to harness significant computing capabilities through either a sophisticated cloud-based platform or traditional software installations. As a versatile vendor-supported actuarial solution, AXIS accommodates various functions, including reserving, asset and liability management (ALM), pricing strategies, financial modeling, capital computations, hedging practices, and the establishment of financial frameworks. Users can project future monthly cash flows based on initial liabilities and invested assets for a period extending up to a century. Furthermore, the system allows for the assessment of different business segments utilizing both deterministic and stochastic methods to analyze profitability and surplus fluctuations, as well as to assess the implications of reinsurance arrangements and modifications in premiums or other plan values, providing a thorough approach to financial planning and management.
API Access
Has API
API Access
Has API
Integrations
No details available.
Integrations
No details available.
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
FIS
Founded
1968
Country
United States
Website
www.fisglobal.com/products/fis-reinsurance-manager
Vendor Details
Company Name
Moody's Analytics
Country
United States
Website
www.moodysanalytics.com/product-list/axis