DICEUS Alternative Risk Operating Platform is a ready‑made software developed for teams that administer cells, programs, reciprocals, or self‑insurance funds. It supports entity onboarding, bordereau intake and reconciliation, reporting, and statutory and regulatory filings across every structure you manage.
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Our risk operations platform is designed for firms that need to:
Insurance businesses that manage complex and unique risks often use software systems built for traditional insurance companies. These systems often don't meet alternative risk companies' operating needs.
Standing up a new cell, program, or member account means creating a new Excel workbook before anything else can happen.
Each carrier or fronting partner sends its own layout, and each one gets reconciled manually.
Proving underwriting and claims‑handling compliance to a fronting carrier means gathering data from several spreadsheets.
Every new program or cell adds work that scales with headcount.
A tab and an email approving it is demonstrated when auditors or regulators ask.
Filings differ by structure type as well as by domicile, and there's no single template that fits.
The audience asking for the pack may be a cell owner, a fronting carrier, or a regulator, each expecting a different view.
Most things still run in Excel, Outlook, or SharePoint.
Every entity you administer runs on the same record and audit trail, even though each looks different on the surface.
Policy management
Manage the full policy life cycle, from issuance to renewal and closure, possible for each entity you administer.
Products
Configure alternative insurance products and program templates once, then apply them to any cell, program, or other entity without rewriting from scratch.
Invoicing and billing
Automatically generate invoices and monitor payments for each entity separately, reconciling them with ledger entries.
Entity onboarding
Configure a new cell, program, or member account from a form, with rules, chart of accounts, and reporting templates carried forward automatically.
Portfolio dashboard
View loss ratio, capital, fees, and compliance status across every entity you administer, filterable by structure type or domicile.
Bordereau mapping
Map each carrier or TPA's bordereau format once, then parse, reconcile, and post new submissions in that format automatically.
Delegated‑authority reporting
Generate the reports fronting carriers require, directly from the ledger, without manually assembling underwriting and claims‑handling data.
Multi‑entity ledger
Post fees, premium, reserves, and allocations against every entity in one ledger, each with its own configurable rules.
Claims handling
Manage direct claims and carrier‑delegated claims through the same workflow, from intake through payment and settlement.
Statement generation
Produce owner, participant, and carrier statements automatically at close, rather than assembling them per entity per quarter.
Compliance and audit tracker
Track statutory filings and deadlines across structure types and domiciles in one calendar, with a versioned audit trail behind every entry.
Actuarial module
Monitor the adequacy of rates, expected versus actual results, and change assumptions by product, program, or cell with complete impact transparency.
Our risk operations platform helps turn complex risk management into an automated process. Unlike legacy single‑carrier PAS systems, it is fully configurable for your workflows. The platform delivers different outcomes depending on your role in the firm.
Executives
Fast, standardized onboarding becomes a credibility point in RFPs and fronting‑carrier conversations.
Bordereaux mapping and reporting are configured once per source, so the next program or cell doesn't require the next hire.
Portfolio‑level data is available on demand, supporting the credibility a partner expects before extending capacity.
Operations
Adding a new entity is a configuration step, measurable and repeatable.
Bordereau, statements, and allocations follow the same mapped process regardless of source.
Client, carrier, or board requests for a statement or portfolio view pull from live data instead of a rebuild.
Finance
Allocations and distributions post as attributable ledger entries.
Fee runs, invoices, and settlements are tracked by status and matched back to the ledger regardless of payment method.
New formats land in reusable mapping templates, with the audit trail attached to every entry that follows.
Find the right solution for your needs
Alternative Risk Transfer (ART) solutions are non‑traditional ways to administer risks. These risk management strategies help businesses transfer and finance risks outside the conventional insurance market. Examples of these strategies include captive insurance, risk retention groups, self‑insurance, risk pooling, and more.
Traditional software used in the insurance industry to manage conventional policies doesn't fit the needs of organizations managing alternative risks. These companies need specialized software that includes functionalities to manage policy lifecycle, track and process claims, manage actuarial and financial processes, do reporting and analytics, and more.
Homegrown systems in this space typically cover one or two workflows well. The gap is usually in multi‑entity reporting or reconciliation when a new bordereau format shows up. The platform can sit alongside what you've built rather than replacing it outright.
Most systems were built for a single carrier book, not for administering multiple entities or programs at once. Our platform covers the multi‑entity and delegated‑authority reporting pieces that were typically added as separate features elsewhere.
No. The platform is built around configuration per entity – not one template applied to all of them. Rules, chart of accounts, and reporting formats are set once per entity, which is the direct answer to structural heterogeneity across a book.
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