Reinsurance Platform™ by SysOne is a solution that allows insurers to manage all the active and passive reinsurance agreements and activities of all lines of business. It enables agile and flexible increases in operational efficiency and risk transparency through the control of the entire life cycle of reinsurance with the integrated automation of contracts, calculations and processes. It can also handle facultative and conventional agreements, both proportional and non-proportional through subscription management and claims. This approach generates the supply of accurate and timely
information for each of the cases, added to the support and compliance with current legal regulations. Reinsurance Platform ™ can be implemented as an integral solution or a complementary module of the Insurance Modular Suite ™ of SysOne, allowing the creation of multiple layers and parameters thanks to its flexible configuration based on Java and a service-oriented architecture, fully prepared to scale the volume that the business requires.
Insurance Core™ architecture combines a focused processes and services designed to scale (SOA) with application integration and service partners approach. The platform supports both modules can be implemented with Open Source tools as container owners, obtaining a high availability environment.
100 % Web, supports multiple devices. It is not necessary to realize discharges to be able to use the system, it is enough to have only the direction URL.
It is service-oriented (SOA), based on REST API. HTTP services can be consumed by a wide range of clients including web browsers, mobile, other systems or tablets.
Each process and resource data is exposed through an HTTP service enabling communication and integration between various current or future devices.
The platform has an extended BPM (BPMN 2.0) with ability to solve RunTime time domain objects (insurance business). These objects can potentially be mapped to the data layer (relational database, partner service, etc).
This extension of the BPM generates an added value that gives simplicity and ease of reading process. Thus the processes have the ability to understand the business model with their corresponding objects in a natural way, avoiding technical actions within the process.
The process layer also has the ability to execute business rules thanks to embedded rules engine.
It maintains business rules, constantly updating.
The data access layer provides a separation of code by its function. This approach provides flexibility to change the data persistence mechanism in the desired time.