System for the settlement of reinsurance contracts

Branch: Insurance

: Completed

Business need

While restructuring their information systems, the Insurance Company decided to additionally modernize their solutions for the settlement of reinsurance contracts. The requirements that the new system was supposed to meet were:

  • Cost reduction,
  • Improvement of the quality and timeliness of reinsurance contract settlement
  • Better contract management.

Solution

Within the scope of this project aimed at cost restructuring, achieving improvement in terms of quality and timeliness of settling and providing better management of reinsurance contracts, our company performed an analysis and developed the entire concept of architecture for the module responsible for reinsurance contract settlements .

Benefits

As part of the project, we created a comprehensive tool supporting:

  • reinsurance process handling.
  • integration with the accounting system (ERP Oracle)
  • reports and statistics for the use by the institutions supervising  the Insurance Company

Technologies

  • GWT
  • JPA, CXF, OracleESB, IBM Data Stage
  • Internet browser, HTML, JavaScript, GWT
  • Oracle 11g