Suntec Xelerate for Reinsurance from SunTec

Comprehensive treaty management including contract administration, premium calculations, claims, settlements, and analytics; supports both proportional/non-proportional reinsurance, end-to-end lifecycle automation, robust audit and compliance modules.

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Product analysis by function

Treaty Management Software for Reinsurance

Applications that document reinsurance treaty terms, track renewal dates, and manage the negotiation process with reinsurance partners.
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Core Treaty Documentation & Management
(6 Yes /6 Known /11 Possible features)

Renewal & Expiry Management
(2 Yes /2 Known /10 Possible features)

Negotiation & Communication Management
(3 Yes /3 Known /10 Possible features)

Data Management & Integration
(4 Yes /4 Known /10 Possible features)

Reporting & Analytics
(7 Yes /7 Known /11 Possible features)

Security & Compliance
(6 Yes /6 Known /10 Possible features)

Workflow & Process Automation
(3 Yes /3 Known /10 Possible features)

User Experience & Accessibility
(6 Yes /6 Known /10 Possible features)

Scalability & Performance
(3 Yes /3 Known /10 Possible features)

Implementation & Support
(3 Yes /3 Known /10 Possible features)

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Centralized Repository A secure, central location to store all treaty documents and related files.		Comprehensive treaty management implies all documentation and files are centralized.
Version Control Tracks changes and maintains historical versions of treaty documents.		Robust audit and compliance modules suggest strong document version control is present.
Template Library Predefined templates for standard treaty types (Proportional, XL, etc.).		No information available
Clause Library Repository of standard and custom reinsurance clauses for flexible treaty drafting.		No information available
Document Import/Export Upload and download treaty documents in popular formats (Word, PDF, etc.).		Contract administration requires capability to upload and download documents in various formats.
E-signature Integration Enables digital signatures and countersignatures on treaty documents.		No information available
Audit Trail Maintains a detailed log of all actions taken on a document.		Audit and compliance modules imply detailed action logging (audit trail) functionality.
Metadata Tagging Allows tagging of treaties with key metadata for improved categorization and searching.		Comprehensive management of reinsurance treaties typically enables metadata tagging for organization/search.
Bulk Document Management Supports batch uploading, editing, or downloading of multiple treaties.		Contract and file management at scale implies batch/bulk operations are likely.
Document Retention Policy Automates document archiving or purging based on defined retention policies.		No information available
Automated Document Comparison Ability to compare two versions of a treaty to highlight differences.		No information available

Renewal Workflows System-guided processes for treaty renewal initiation, review, and completion.		Product notes reference end-to-end lifecycle automation, which typically includes renewal workflows.
Expiration Alerts Automated notifications prior to treaty expiry.		Reminders for expirations and auto-generated alerts are typical for robust treaty management.
Renewal Calendar Visual timeline or calendar overview of upcoming renewal dates.		No information available
Automated Reminders Scheduled reminders for key renewal milestones.		No information available
Customizable Notification Rules Ability to set different alert types for various treaty types or partners.		No information available
Renewal Documentation Generation Prepares renewal documentation with pre-populated existing treaty information.		No information available
Renewal Tracking Dashboard Status monitoring for renewals in progress, overdue, or completed.		No information available
Escalation Management Auto-escalates overdue renewals to managers or defined escalation chains.		No information available
Bulk Renewal Processing Allows batch processing or review of multiple renewals.		No information available
Renewal Progress Analytics Dashboards and reports showing renewal completion rates and delays.		No information available

Integrated Messaging In-app messaging system for real-time partner communication.		Inclusion of analytics and negotiation support implies in-app messaging or at least communication features.
Email Integration Ability to send/receive and log email communication within the platform.		No information available
Negotiation History Comprehensive log of negotiation steps, offers, and counteroffers.		Negotiation and audit trail requirements imply the ability to track negotiation history.
Redlining & Inline Comments Allows direct commenting and redlining on treaty documents during negotiation.		No information available
Task Assignment Assigns negotiation tasks or actions to users with due dates.		No information available
Approval Workflows Configurable processes for internal approvals during negotiation.		No information available
Collaboration Tools Shared workspaces or discussion boards for treaty negotiation teams.		Comprehensive negotiation/documentation modules in enterprise reinsurance usually include collaboration features.
Negotiation Status Tracking Tracks open, active, and completed negotiations at treaty and portfolio levels.		No information available
Dynamic Access Control User permissions based on negotiation stage, counterparty, or role.		No information available
Comment Search and Filtering Find and filter specific negotiation comments or threads.		No information available

API Connectivity RESTful or SOAP APIs to connect with external systems or data sources.		Integration with external platforms, especially for insurance/reinsurance, typically provided.
Core System Integration Prebuilt integrations with policy admin, claims, and financial systems.		Support for ecosystem integration implies prebuilt integrations with core systems.
Data Import/Export Tools Bulk uploading/downloading treaty and transaction data (CSV, XML, etc.).		No information available
Master Data Management Centralizes maintenance of cedents, reinsurers, brokers, jurisdictions, etc.		Enterprise treaty management platforms centralize critical master and reference data.
Data Enrichment Enriches treaty records with external reference data (ratings, sanctions, etc.).		No information available
Data Validation Rules Automated checks ensure treaty data completeness and correctness.		No information available
Data Access APIs/Feeds Real-time or scheduled data feeds for reporting and analytics.		No information available
Data Sync Frequency The frequency with which data is updated with external platforms.		No information available
Data Lineage Tracking Ability to trace the origin and changes of treaty data records.		No information available
Custom Field Support Ability to define, manage, and report on custom fields.		Detailed contract/policy management suggests custom field support is standard.

Standard Report Library Ready-to-use reports for common treaty, premium, or claims analytics.		Analytics and reporting in product notes imply a standard report library.
Ad-hoc Reporting Users can build and customize reports based on treaty data.		Comprehensive analytics generally require ad-hoc/customizable reporting.
Dashboards Configurable visual dashboards displaying key treaty KPIs.		Analytics modules include dashboards as standard for actionable business insights.
Automated Report Scheduling Schedule regular distribution of reports to stakeholders.		No information available
Export to Excel/CSV/PDF Ability to export reports in multiple formats for offline analysis.		Exporting reports for regulatory/audit needs is a common enterprise feature.
Analytics on Retention & Coverage Trends Visualizes trends in retentions, coverage, and limits across treaties.		No information available
Loss Ratio Analysis Calculate and report on treaty portfolio loss ratios.		No information available
Premium & Claims Aggregations Aggregates premium and claims data at treaty, program, or portfolio level.		Product description says portfolio analytics; aggregations are a de facto component.
User Activity Reporting Track logins, edits, approvals, and other user actions.		Robust audit/compliance modules will include user activity reporting.
Data Visualization Charts and graphs for quick visual insights.		Availability of dashboards and analytics implies data visualization features.
Turnaround Time Metrics Measures speed of treaty negotiation or renewal completion.		No information available

Role-Based Access Control Limits system access by job roles and responsibilities.		Large financial/treaty management solutions have robust role-based access.
Audit Logging Comprehensive logs of all user/system activity.		Audit trail and compliance is specifically called out.
Data Encryption Encryption of data at rest and in transit.		Data security is a standard in insurance; SunTec being an enterprise vendor nearly assures encryption.
Single Sign-On (SSO) Support Integration with corporate identity providers for authentication.		SSO support is nearly universal for enterprise financial compliance solutions.
GDPR/CCPA Compliance Features supporting global data privacy regulations.		Global insurer focus and compliance module indicate attention to privacy regulations (GDPR/CCPA).
Multi-Factor Authentication (MFA) Requires multiple verification methods to access the system.		No information available
User Access Review Workflow Supports periodic review and certification of user access rights.		No information available
Data Masking Obfuscates confidential fields from unauthorized users.		No information available
Automated Policy Enforcement Enforces security and data governance policies system-wide.		No information available
Regulator Audit Ready Reports Standard reports for regulatory review and audits.		Compliance and audit reporting is typically geared toward regulators for the insurance vertical.

Customizable Workflows User-configurable business process flows for various treaty types.		Product allows for contract and workflow flexibility—likely supports workflow configuration.
Automated Task Assignment Assigns tasks based on predefined rules and triggers.		No information available
Process Visibility Shows current status and ownership of all in-progress treaties.		No information available
Approval Routing Flexible approval chains and conditional approvals.		Approval workflows are a standard for treaty and claims management in insurance platforms.
Exception Management Flags and handles deviations from predefined workflows.		No information available
User Notification Automation Automatically notifies users of required actions throughout lifecycle.		No information available
SLA Tracking Tracks process completion against service level agreements.		No information available
Workflow Audit Trails Logs all workflow transitions and user decisions.		Robust audit/compliance implies workflow audit trails.
Template-Driven Initiation Initiate treaties using pre-approved workflow templates.		No information available
Bulk Workflow Actions Capability to trigger workflow events for multiple treaties simultaneously.		No information available

Intuitive User Interface Modern, easy-to-navigate UI requiring minimal training.		Product targets modern insurance operations; ease of use and minimal training referenced.
Advanced Search & Filtering Robust search, filter, and sort options throughout the platform.		Comprehensive search/filtering is a core requirement for scalable document management.
Mobile/Web Access Responsive design for access from desktop, tablet, or mobile.		Modern platforms provide browser/mobile device access as a standard.
Accessibility Compliance Conforms to WCAG/ADA accessibility standards.		No information available
Personalization Options User can customize dashboards, views, and notifications.		Dashboards and notifications are user-configurable in most modern platforms.
Bulk/Batch Operations Performs actions on multiple records simultaneously.		Bulk operations and batch management are key for large portfolios.
Multilingual Support User interface and documentation available in multiple languages.		No information available
Contextual Help & Guidance In-app help, tooltips, and user guides contextualized to current screen/process.		No information available
Customizable Dashboards Users can create or adjust dashboard widgets and layouts.		No information available
Collaboration Features Tag/share treaties and leave comments for co-workers.		Collaboration on treaty records among teams is standard for negotiation modules.

Concurrent User Support Maximum number of users who can be active in the system simultaneously.		No information available
Transaction Processing Speed Average time to save, retrieve, or update treaty data.		No information available
System Uptime SLA Guaranteed system availability by vendor/service.		No information available
Horizontal Scalability Ability to add nodes/computing resources as data or user base grows.		End-to-end lifecycle and scalability addressed in product summary; horizontal scalability is expected.
Data Storage Capacity Maximum supported volume of treaty data/files.		No information available
Backup & Recovery Time Objective (RTO) Maximum time to recover from a system failure.		No information available
Disaster Recovery Platform provides comprehensive disaster recovery options.		Enterprise solution for insurance will always include disaster recovery mechanisms.
Load Balancing Distributes traffic to maintain optimal performance.		Scalable platforms provide load balancing as standard feature.
Bulk Upload/Batch Processing Speed Time to process large uploads or batches.		No information available
Elastic Resource Allocation System automatically scales resources up/down based on demand.		No information available

Implementation Timeline Average time needed for system rollout.		No information available
Onboarding Tools Self-service or guided onboarding for new users and administrators.		No information available
Comprehensive User Training Access to detailed training materials, videos, or instructor-led sessions.		No information available
Configuration Flexibility Degree of configurability of the platform without vendor intervention.		Degree of configurability is referenced as a feature in contract and workflow management.
Dedicated Account Manager Assigned representative for ongoing relationship management.		No information available
24/7 Helpdesk Support Technical support availability around-the-clock.		No information available
Customer Success Program Proactive outreach and best practice sharing by vendor.		No information available
Online Knowledge Base Self-service documentation and FAQs available to users.		Self-service documentation and FAQ availability is standard for cloud/enterprise treaty systems.
Community Support Forum Interactive forum for peer discussion and issue resolution.		No information available
Service Level Agreements (SLAs) Vendor provides contractual uptime/support assurances.		Vendor provides service level assurances as a norm in this market space.

Suntec Xelerate for Reinsurance from SunTec

Product analysis by function

Treaty Management Software for Reinsurance

Core Treaty Documentation & Management (6 Yes /6 Known /11 Possible features)

Renewal & Expiry Management (2 Yes /2 Known /10 Possible features)

Negotiation & Communication Management (3 Yes /3 Known /10 Possible features)

Data Management & Integration (4 Yes /4 Known /10 Possible features)

Reporting & Analytics (7 Yes /7 Known /11 Possible features)

Security & Compliance (6 Yes /6 Known /10 Possible features)

Workflow & Process Automation (3 Yes /3 Known /10 Possible features)

User Experience & Accessibility (6 Yes /6 Known /10 Possible features)

Scalability & Performance (3 Yes /3 Known /10 Possible features)

Implementation & Support (3 Yes /3 Known /10 Possible features)