Unrivalled configurability and flexibility
Xuber for Insurers Enterprise is configurable and flexible across the full insurance policy lifecycle. Xuber supports all major lines of business including specialty and niche lines handling, international lines, the London Market and Lloyd’s business lines.
Xuber for Insurers Enterprise uses our four components, which can be deployed separately or as a fully integrated end-to-end solution. All components share a common data model to simplify and standardize reporting and management information:
Xuber Policy offers extensive feature rich functionality for insurers from pre-bind submission and quote management to full post-bind processing, transaction management and policy administration. Supporting all major non-life lines of business, including specialty and niche lines for London and global markets, Xuber Policy can handle multiple classes and complex policies. By taking advantage of our common data model Xuber Policy ensures that submissions, quotes and policies can be based on the same information and linked by means of a comprehensive risk referencing structure.
Xuber Claims comprises a fully-integrated claims management solution with embedded workflow to optimise, automate and measure each stage of your business process from first notification of loss through coverage verification to final settlement. Benefiting from flexible screen design, screen flow, rules-based validation and defaulting, Xuber Claims facilitates a streamlined user experience, enabling you to maximise efficiency. Combined with support for London Market messaging and benefiting from the ability to interface with third party systems for litigation and fraud management, Xuber Claims delivers unbeatable benefits across the entire lifecycle.
Xuber Billing provides a comprehensive technical ledger allowing effective management of all ledger and cashbook activities including allocations, reconciliations and payment processing. The solution is capable of processing electronic financial notifications and transactions to support the insurers billing lifecycle. A standard approach to integration with general ledger systems ensures that Xuber Billing can maintain a seamless, auditable link between financial transactions and physical cash movement. Leveraging the global support provided by Xuber’s common data model, and our fully integrated workflow, Xuber Billing is capable of working with multiple currencies and legal entities ensuring that operations can support all sources of financial data processed by the business.
Xuber Ceding is a comprehensive, fully ceding reinsurance recovery solution. It provides the ability to automatically attach inwards to outwards policies and creates real-time premium and claim cessions delivering a comprehensive proportional reinsurance management capability. It will manage and administer all types of facultative reinsurance, and crucially will calculate recoveries on even the most complex excess of loss treaties including Risk & Cat programs, multi sections, loss warranty layers and complex inuring benefit structures. Combined with document production, integrated business process management, ceded data dashboards and gross to net reporting as standard, our Ceding component provides a single integrated recovery solution.
Implementation, Support and Upgrade Services for Xuber
We provide highly experienced support professionals who ensure your insurance software system runs, responds and grows in line with your business objectives. This team supports mission critical solutions from global operations, on a ‘follow the sun’ basis if required. We can adapt our services against clearly defined Service Level Agreements. This team monitors closely agreed service level agreements and reports on these through regular reviews, with an aim to continuously improve the service provided.
- Implementation: Our established program and project management methodology covers the full project lifecycle, enabling us to deliver to a consistently high standard every time.
- Product support: Following implementation, our team of highly experienced support staff are available 24×7 to ensure your system runs, responds and grows with your business.
- Upgrade services: If you’re upgrading Xuber products, we have an automated upgrade process to facilitate a pain-free transition.
- Migration: We have an established migration approach designed to mitigate risk and ensure minimal disruption to your business, even with the most complex migrations.