Reinsurance Financial
and Data Exchange Platform

A modular solution created to enable structured, transparent collaboration among cedents, brokers, and reinsurers. It operates as a shared operational environment that covers financial data exchange, claims financial management, settlements and accounting views, optional underwriting and quotation capabilities.

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What does the platform support?

Who can use the platform?

The platform can be used by cedents, brokers, and reinsurers. Each role has controlled access to specific modules and data views.

Cedent side

  • Reinsurance managers
  • Accounting / Finance
  • Claims (Financial view)
  • Underwriting / Risk (Optional)

Reinsurer side

  • Finance and accounting
  • Claims finance
  • Underwriting (Optional)
  • Partner / Client managers
  • Audit / Compliance (Read‑only)

Core functional domains

The platform covers financial data exchange, claims financial management, settlements and accounting views, and underwriting and quotation capabilities (optionally).

Partner and agreement management

The platform offers organized partner and agreement management, secure onboarding, and role‑based access with optional SSO or MFA. It also supports detailed treaty and facultative program setup, acting as the main reference for all financial and claims data.

Partner and user management

  • Cedent onboarding
  • User and role management
  • Access limited by agreement and role
  • Secure authentication (SSO / MFA optional)

Agreement and program management

  • Treaty and facultative agreements
  • Participation, shares, layers
  • Periods, currencies, limits
  • Amendments and versions
  • Reference context for all financial and claims data
Partner and agreement management picture

Financial bordereaux management

Our solution provides complete financial bordereaux management, supporting multiple currencies. You can submit data easily using Excel, CSV, or API. The system checks and maps data based on your agreements, keeps full version histories with clear status updates, and provides full traceability via comments and audit records.

Financial data covered

  • Written and earned premium
  • Commissions and brokerage
  • Adjustments and corrections
  • Multi‑currency support

Data submission

  • Excel / CSV upload
  • API‑based submission
  • Agreement‑based validation
  • Mapping and version history datasets

Control and traceability

  • Versioning of submissions
  • Status flow: Draft → Submitted → Validated → Accepted / Rejected → Booked
  • Comments and clarification loop
Financial management picture

Claims financial management

The structured claims financial management gives you a complete view of your claims, including paid, outstanding, and recoverable amounts. It also handles allocation at both the layer and reinsurer levels, automates share calculations, manages notifications and updates, tracks disputes, and ensures full traceability with agreement links and claim‑level audit history.

Scope

  • Financial view of claims (not claims handling)
  • Paid, outstanding, and recoverable amounts
  • Layer- and reinsurer‑level allocation

Functionality

  • Claim financial notifications
  • Multiple updates per claim
  • Automatic share calculation
  • Status tracking and dispute flags

Traceability

  • Link to agreements
  • Claim‑level audit trail
  • Historical view of changes
Claims financial management picture

Settlements, accounting, and period close

This module supports financial closure and reporting, not accounting replacement.

Settlements

  • Statement of account generation
  • Period-based aggregation
  • Amounts due / payable
  • Settlement status tracking
  • Payment confirmation records

Accounting view

  • Receivables and payables
  • Currency handling
  • Support for period closing and reconciliation
Settlements and accounting picture

Audit, controls, and reporting

Our platform offers thorough audit, control, and reporting tools. You get full traceability, data versioning, and structured access for governance. You can also export premium and claims data for both partners and agreements.

Audit and governance

  • Full audit trail (who, when, what)
  • Data revision and comparison
  • Evidence for internal and external audits
  • Read‑only audit access

Reporting

  • Premium vs claims overview
  • Outstanding and recoverables
  • Partner‑ and agreement‑level views
  • Export to Excel
Audit, controls, and reporting picture

Optional business modules

These optional modules extend the platform but are not required for the financial core.

Quotation and placement

  • Reinsurance quotation requests
  • Indicative and firm quotes
  • Multiple quote versions
  • Conversion from quote to agreement
  • Broker participation (optional)

Underwriting and risk support

  • High‑level risk summaries
  • Exposure and limit structures
  • Aggregates and erosion tracking
  • Portfolio‑level views
  • Read‑only actuarial or pricing inputs

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Data standards and integration

The platform acts as a controlled integration hub, leveraging ACORD (Association for Cooperative Operations Research and Development) as a common data exchange and validation standard to ensure consistent, secure integration between PAS, claims, accounting / ERP, and broker systems.

Role of ACORD

  • Common data exchange standard
  • Validation reference for financial and claims data
  • Integration contract between systems

Integration options

  • Cedent PAS systems
  • Claims systems
  • Accounting / ERP
  • Broker platforms

Architecture principles

What do you get with the platform?

The platform gives you structured financial control by enforcing data acceptance and settlement rules. It improves efficiency through validation and exception management, supports easy onboarding for insurers, and offers full auditability with clear traceability and data transparency.

  • Financial control
  • Financial control
  • Operational efficiency
  • Scalability
  • Audit and governance

Financial control iconFinancial control

  • System‑owned acceptance point
  • Enforcement of received vs accepted vs financially recognized data
  • Downstream accounting and settlement gated by a formal agreement

Operational efficiency iconOperational efficiency

  • Validation at submission
  • Structured exception handling
  • Reduction of manual rework

Scalability iconScalability

  • Consistent operating model across insurers
  • Structured onboarding
  • Reduced marginal effort per new insurer

Audit and governance iconAudit and governance

  • End‑to‑end traceability
  • Explicit capture of decisions and ownership
  • Audit outcomes driven by system state and data lineage

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