Advantages of Owning a Reinsurance Broking Software - PowerPoint PPT Presentation

About This Presentation
Title:

Advantages of Owning a Reinsurance Broking Software

Description:

Many brokers nowadays think that making a significant investment in reinsurance software is a complete waste of money. Small brokers, corporate agencies, and numerous IMF think that maintaining an excel spreadsheet is simpler and less expensive than owning an automated system; yet they are unaware of how this reinsurance management software may make their business simpler, quicker, and more dependable. – PowerPoint PPT presentation

Number of Views:1
Slides: 8
Provided by: simsonsoftwares
Category: Other
Tags:

less

Transcript and Presenter's Notes

Title: Advantages of Owning a Reinsurance Broking Software


1
(No Transcript)
2
  • Reinsurance brokers play an important role in the
    insurance broking market they are one of the
    industry's main pillars. As the market recovers
    from the long-forgotten impact of Covid 19, the
    general public has become more aware of the
    benefits of owning reinsurance policies. This has
    resulted in increased demand and increased
    opportunities for the insurance intermediaries
    industry. The leader is the one who is
    technologically advanced. To meet the high demand
    in the market, it is strongly advised to use
    automated systems, which not only reduce workflow
    time but also make policy management and renewal
    more efficient and easier to track.

3
Benefits of Owning a Reinsurance Software
  • Many brokers nowadays think that making a
    significant investment in reinsurance software is
    a complete waste of money. Small brokers,
    corporate agencies, and numerous IMF think that
    maintaining an excel spreadsheet is simpler and
    less expensive than owning an automated system
    yet they are unaware of how this reinsurance
    management software may make their business
    simpler, quicker, and more dependable.

4
  • One of the most popular options for reinsurance
    brokers worldwide is SARBOnline, one of
    Simson Softwares' reinsurance software
    solutions.
  •    SARB - Reinsurance Software processes broker
    inquiries, creates slips for quotation, receives
    quotes from reinsurers, and collects broker data,
    our partners find our software to be
    competitive.
  •    It handles the creation and delivery of debit
    notes to brokers, the receipt and transfer of
    payments, the notification and resolution of
    claims, the analysis of company operations based
    on various criteria.
  •    SARB offers user-friendly complete management
    of all reinsurance business procedures.
  •    A cutting-edge system for closings, renewals,
    and PPWs.
  •    A variety of system-generated papers,
    including DN/CN, reinsurer balance statements,
    claim advises and much more.

5
  • Nearly every agency in the world must have
    thought at some point Do they truly need a
    broking software to handle the broking business?
    The answer is yes, despite the fact that it
    sounds pricey. Owning a reinsurance broking
    software not only makes the process more solid,
    but it also streamlines the crucial business
    processes of sales, operations, and audit.
    Because of automation, the likelihood of errors
    is quite low. This one-time investment helps you
    become less dependent on others while also
    reducing employee costs, which ultimately
    benefits brokers. This is the key justification
    IRDA gave for mandating the use of reinsurance
    software to produce IRDA and non-IRDA reports.

6
  • To reach out to us has never been easier before,
    you can directly connect with us through our
    website https//www.simsononline.com by filling
    up the inquiry forms where we revert back within
    24 working hours or you can also reach us via
    email at simson_at_simsononline.com or call us on
    91 73411-00735. We also provide detailed
    demonstration of our softwares upon requests from
    our clients.

7
Thank You
  • Simson Softwares Private Limited
  • Plot No. 1723, "Simson House
  • Sector 82, JLPL Industrial Area,
  • Mohali, Punjab, 140306, India
  • Ph 91 73411-00735
  • E-mail simson_at_simsononline.com
  • Website https//www.simsononline.com/
Write a Comment
User Comments (0)
About PowerShow.com