Reinsurance
We reimagine reinsurance industry operations to improve customer experience, cash flow, and efficiencies
Overview
We combine data, analytics, and digital technologies to transform ceded and assumed reinsurance operations for carriers and brokers. We help reinsurance companies smooth earnings volatility, boost capital adequacy, and recover millions of dollars in claims.
Featured solutions
Ceded reinsurance – Intelligent operations
Our contract administration services help carriers run treaties, ceded bookings, billings, and collections. Plus we support residual market accounting, runoff book management, and regulatory reporting.
Ceded reinsurance – Analytics services
Genpact ReFinder, our proprietary analytics solution, mines historic data to identify missed reinsurance recoveries and win them back to reinvest in the business and boost the bottom line.
Ceded reinsurance – Reinsurance ops manager
Our AI-based dynamic workflow tracks all ceded reinsurance operations and enables collaboration with upstream and downstream processes to boost contract administration accountability and transparency.
Ceded reinsurance – Reinsurance SaaS
Assumed reinsurance – Front desk assistant
Our solution uses natural language processing and machine learning to extract information from unstructured sources. It improves the customer experience with faster triage, pricing, and delivery.
Assumed reinsurance – Automation and electronic data exchange
Our AI-enabled tool validates and automates technical accounting and claims bordereau processing. And our electronic data exchange platform cuts processing and settlement time and improves cash flow.
Assumed reinsurance – Underwriting support
Our highly skilled reinsurance professionals support carriers across treaty and facultative submission clearance, bind processing, endorsement, and renewal management.
Assumed reinsurance – Claims support
We help reinsurers prevent claims leakage by automating claims processes and also provide field adjusting services for both daily and catastrophe claims.
Assumed reinsurance – Post-binding services
We provide support for technical accounting and claims bordereau processing for carriers and brokers.
Assumed reinsurance – Finance and accounting
We offer broker statement reconciliation, settlement, financial accounting, and statutory reporting services.
- AI and data analytics
Genpact ReFinder: Proprietary analytics to recover missed reinsurance claims
Recover missed claims to reinvest or boost your bottom line
How we think
- AI and data analytics
Genpact's ReFinder solution has returned more than $30 million in reinsurance claims for a global insurer
READ THE CASE STUDY- Intelligent automation
Reinsurance process automation: Still a challenge after thirty years
Read the blog- AI and data analytics