WebXL

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Overview

WebXL is a comprehensive reinsurance software solution enabling insurers, reinsurers and brokers to centralise, analyse and extract critical data and information. WebXL handles all information related to your contracts (claims and events, technical and financial accounting, etc.) from underwriting to renewals to commutation.

WebXL was developped by Effisoft company which merged with Prima Solutions at the end of 2018. The solution is now fully integrated in Prima Solutions suite for Property & Casualty and Life & Health insurance products management.

Key Features

  • Rapidly record all types of reinsurance contracts with their full terms and conditions (creation date, amendments, renewals, cancellation)
  • Track claims and events and associated transactions
  • Generate technical accounts and bordereaux for premiums, claims, and commissions…
  • Provide detailed reporting statistics, such as triangulation by line of business, type of contract, region, etc…
  • Improve processes with a complete audit trail
  • Scale the platform according to your business needs

WebXL is modular and can be completely tailored according to your needs.

Key Benefits

  • Manpower savings and reduction of maintenance expenses: instead of hours spent inputting data into speadsheets, WebXL users can focus on analysis,
    planning and other value-added activities.
  • Simplified compliance and improved productivity: WebXL users are able to submit billing of reinsurance claims sooner and collects cash from reinsurers faster.
  • Enhanced controls and increased efficiency: by automatically applying complex reinsurance contract terms, WebXL users get improved controls over all reinsurance. Reinsurance processes are far more streamlined and efficient.
    calculations with WebXL.
  • Reliability of the data: with WebXL, many users were able to uncover their recoverables.
  • Robust analytics and reporting tool.

Product/Service details