Supporting the Outward Reinsurance Business

Risks can only be reinsured securely when the data management of claims is based on an integrated and reinsurance-oriented structure, so that both the insurance and reinsurance company have comprehensive and complete insight into the data of each single claim.

Moreover, modern forms of risk reinsurance require more dynamic and flexible processes. Existing processes have to be revised technically in order to meet the new requirements. Above that, it has to be considered that most of the data which are relevant for the outward reinsurance business differ from those data that are important for the insurance business. This means, data interfaces have to be reconciled and processes as well as applications have to be redefined in order to set up an integrated database which displays risks as a whole.

It must also be taken into consideration that the system landscapes in most companies are grown very heterogeneous. Various data structures of different software environments have to be matched and integrated into a standardized architecture which perfectly ties together data evaluations, additional components, central applications etc.

adesso supports customers in planning and realizing their new IT strategy as well as in implementing new applications and integrating them into IT processes. adesso helps to analyze business processes and to optimize and integrate them into conjoint IT systems. Based on its profound knowledge in both the insurance and the reinsurance industries adesso ensures that business aims are being defined appropriately and provides the best support at the interface between the insurance and reinsurance business.

Do you want to learn more about our services in the outward reinsurance business? Feel free to talk to our consultants.