Reinsurance spreadsheets 23/09/13
What are the disadvantages of manual processes?

Most of insurers still rely on spreadsheets to manage their reinsurance business. According to a 2011 survey of property and casualty insurers, 60 percent of partcipants were using spreadsheets, and 7 percent were using other manual methods. Surprisingly, 86% of companies with direct premiums over $1 billion did not have a reinsurance system in place!

 Read the entire article on our US website.

By Joseph Sebbag
Copyright © 2013 by A.M. Best Company, Inc. All Rights Reserved. Reprinted with Permission.

Tags: WebXLreinsurance2013


Effisoft USA will once again attend the IASA annual conference in NASHVILLE, 3 – 6 June.

Effisoft will showcase its reinsurance system WebXL at this year's IASA conference. Meet our team

Read more


New Version of Effisoft’s Reinsurance Software Offers New Features and a More User-Friendly Interface

WebXL Version 4.1 streamlines management of ceded reinsurance and assumed reinsurance

Read more