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  Insurance Broking System | GLOBAL XB

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GLOBAL XB is already being used by 20 insurance broking clients within the London Market. With over twice the functionality of any other comparable packaged broker system it covers every aspect of the broking process, from obtaining the business (enquiries, quotes, premiums, adjustments, placement, renewals) through to accounting and settlement (claims, billing and collections, LMP, ECF, CLASS, LORS, A&S and BSM).

Built entirely on Microsoft technology with VB.NET and SQL 2005, it integrates applications that many brokers consider essential to compete efficiently in today’s market such as Document Management, Workflow, Task Management, Business Intelligence, MS-Office, Outlook, SharePoint Portal Server – applications that without GLOBAL XB they would have to buy as stand alone.

Additional GLOBAL XB modules include:

  • GLOBAL XMP – an ACORD accredited electronic messaging platform that enables peer to peer exchanges within the market for LORS and CLASS, Electronic Filing and Accounting and Settlement
  • GLOBAL XTM – a switch on/switch off capability which can track the core broking process and issue reminders on incomplete or not completed tasks
  • GLOBAL XBI – a business intelligence subsystem which can extract, manipulate and report information in flexible and customised formats
  • GLOBAL IQE– internet quote engine.

    The latest version of the product incorporates many features that enable each broker to preserve its uniqueness – the skills and relationships of their people and the ‘Intellectual Property Knowledge’ of the way they work embedded in their processes – using ACORD and XML standards we deliver a messaging platform enabling full collaboration with the Market Reform initiatives such as ECF, A&S, CLASS and LORS as well as full access to Peer to Peer connectivity. In addition our new Business Intelligence module GLOBAL XBI gives each client a customisable, instant view of the statistics and management information needed to compete and grow in an increasingly competitive environment.

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