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Reinsurance On The Go
FirstRe Neo 5j is a comprehensive end-to-end Enterprise-wide Software Solution for the Reinsurance Industry. The System is developed completely on J2EE technology, providing a safe, secure and flexible access to the application over the Internet.
Stay Current On The Go
In Traditional Reinsurance practise, while travelling a reinsurance manager/business executive, carries with him the statistics of the business (image of the business) which is on an AS-AT date basis and which is not current.
With FirstRe Neo, you can stay current with the business and get the latest business statistics by connecting to the system real time from anywhere in the world. This helps position you better before meeting a client/ partner/prospect or participating in a (re)insurance conference.
Stay in touch
Stay in touch with your business through the application by accessing it anytime of the day from anywhere in the world through:
- Mobile phone
- PDA
- Laptop computer
Access the application over the Internet, intranets or extranets via Wired, Wi-Fi, or Wireless Wide-Area Networks (WWANs).
Optimize your business, improve your bottom line and gain competitive advantage with FirstRe Neo while travelling, participating in a conference, during a business meeting, on a long drive, and simply anywhere where there is a network.
Analysis On The Go
While on the go, reinsurance executives may take new business proposals (Treaty or Facultative). FirstRe Neo provides underwriting assistance by analyzing -
- The past performance of the Treaty or the Facultative policy
- The risk profile of the territory / domicile of the Treaty or Facultative policy
- The Cedant / Broker business control.
Risk Management On-the-Go
Risk Management is key in Reinsurance business. While on travel, managers and executives can stay in touch with business by remote login to FirstRe Neo to get the latest business statistics and perform various analysis part of Risk Management.
Managers and executives may perform Risk Accumulation to check for their underwriting capacity.
May perform Catastrophe accumulation:
- Catastrophe Types - Catastrophe zone-wise breakdown (or)
- Catastrophe Zones - Catastrophe type-wise breakdown to check the total exposure
Business Processing On The Go
Reinsurance executives, on the new business offers / proposal they take in while on-the-Go, can send Authorisation Request to their Department Heads and Managers for Approvals. Based on the approval, further processing and negotiation on the business proposals can continue.
Authorisation component of FirstRe Neo provides the complete workflow solution for business transaction approvals with e-mail integration. The Authorisation source can be from any of the business processing modules. FirstRe Neo intimates the Authorisation request through E-mail, SMS, etc., cutting the time of transaction approvals drastically and improving your deal closure times with competitive advantage.
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