DXC Assure Cede is a comprehensive, integrated reinsurance management solution that facilitates the entirety of outwards reinsurance processes for all contracts, proportional or non-proportional, placed on either a facultative or treaty basis. It supports life and non-life ceded reinsurance administration. It is adept at managing both simple and complex protection programs, including excess of loss claim recoveries, premium adjustment production, and proportional accounts.
Assure Cede interfaces seamlessly with any Policy Administration System (PAS) using standard data formats. This eliminates the need for the carrier’s PAS to process the complexities of reinsurance protections. Assure Cede takes the reins in calculating all financial transactions, including premium distributions and claim recoveries, based on conditions and classifications configured within the solution.
Assure Cede is available as a Software as a Service (SaaS) and on-premise solution, providing the flexibility and scalability to adapt to ycustomers business's evolving needs.
The solution is embedded in DXC's solution for Assmed/Retro reinsurance and deployed stand-alone for managing carrier's ceded reinsurance. It has a global footprint with +110 customers in +40 countries. The solution is known in the market under the product name "SICS and SICS Cede". DXC Assure Cede is the solution name coinciding with the SaaS solution modernization.
