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GLOBAL XLPro is designed to ensure that its clients maximise the achievable recoveries from their excess of loss and proportional treaties. Traditional manual methods - including the use of spreadsheets - invariably lead to costly errors and omissions. These losses can impact dramatically on the bottom line of your business. XLPro is a family of software products designed to manage the complete outward reinsurance requirement. The key GLOBAL XLPro modules are: Depending on requirements these can be implemented individually or as an integrated solution. XLPro incorporates all the benefits of the GLOBAL architecture. The main benefits are: - GLOBAL XLPro has been developed using Microsoft technology throughout. This will ensure that the product will continually benefit from all new software releases by Microsoft and therefore protect an investment in GLOBAL XLPro.
- GLOBAL XLPro is fully supported by a team of industry-experienced professionals.
- GLOBAL XLPro is a multi-user solution allowing secure access from different locations.
- It integrates with third party systems, such as inwards systems, as well as all Microsoft products including Word/Excel/Exchange.
- All of the modules are intuitive and easy to use. The software also includes comprehensive help text.
- The calculation rules for a contract can be varied by the use of clauses, which mirror the clauses included in the contract wording, such as interlock and various franchises.
- Outward reinsurance claim recoveries and statistical data are retained to provide powerful reporting facilities, and to simplify investigations and audits.
- The excess of loss IBNR forecast module includes facilities for carrying out simulated recovery runs based on IBNR loaded claims.
In addition, GLOBAL XLPro will continue to be enhanced as a result of product development and specific customer requirements. |
