IntegraLynx | Reinsurance Admin Platform enables you to manage your end-to-end reinsurance administration in one unified solution.
Reinsurance administration is one of the most complex back-office processes performed by insurance companies.
Our actuarial software development team at Reitigh understand the depth and breadth of Reinsurance treaties. Cedant payment calculations require a significant quantity of data from various data sources. This requires insurers to have a flexible but robust solution to manage their reinsurance treaties.
We have developed a flexible platform to provide insurers with a sophisticated but easy-to-use Data Management Layer to collect and disseminate data in any format, and a simple to extend data model and calculation interface to manage treaty-specific calculations.
With IntegraLynx you can automate your end-to-end reinsurance administration in one unified solution - removing manual processing, reducing risk, and increasing confidence and control surrounding in your process.
What previously took several weeks to complete now takes days.
The ability to manage processing was previously limited to senior actuarial resources. Now with IntegraLynx junior actuarial and general finance resources can manage processing.
Senior resources are liberated from manual processing to focus solely on review and sign-off.
Previously, launching new products and/or writing new treaties involved complex configuration and a wide variety of company resources. The actuarial team are now empowered to create new treaty rules without editing complex code libraries.
With close to 1 million lives insured, covered by 48 treaty variations, there is a lot of room for error. Improved controls and validations applied when importing data, and a well-defined relational data structure provides a single and accurate source of truth.
Backed by Microsoft SQL Server IntegraLynx provides a scalable and robust data repository upon which to build analytics. IntegraLynx stores a full history of results, allowing for multi-period trend analysis. Drilldown reporting facilitates easy analysis from treaty to policy/lives insured and to related payments.
Senior management can now easily monitor policyholder exposures and coverage limits.
The IntegraLynx user access management framework allows for restriction of access to data and processes at a granular level. Every data item is tracked for audit, and all user activity is monitored and recorded in an extensive event log.
This allows the HOAF to demonstrate rigorous control and confidence to auditors.
IntegraLynx is our purpose-built platform designed to solve complex challenges, accelerating decisions and defusing ambiguity to transform legacy systems and empower the automation of processes across financial services.