Subscribe
Subscribe is our modular, multi-currency insurance and reinsurance policy administration platform designed to support the full lifecycle of policies and associated reinsurance. The solution includes comprehensive audit and compliance functionality, and the loss manager and EDI modules facilitate an end-to-end business process.
Our highly configurable system ensures that it can be deployed consistently in all the markets and geographic regions covered by your enterprise. Its architecture provides exceptional levels of integration between your financial and management information systems, and has powerful multi-tier analysis code functionality used to support all your regulatory and business analysis needs.
The diagram below shows Subscribe’s architecture and how it seamlessly integrates your underwriting, claims and outward reinsurance processes. Comprehensive audit and compliance functionality is also an intrinsic part of the structure.
ROOM’s policy administration platform, Subscribe, provides the following advanced functionality for business users:
- Underwriting Module
Subscribe’s underwriting module captures risk details from submission of quotes through to policy renewal. It tracks the status of policies and manages all aspects of underwriting, including premium book keeping and the presentation of historical policy performance.
- Claims Module
Efficiently managing all claims transactions, this module optimises loss management processes in all markets through functionality that supports bureau or peer-to-peer, and non-bureau claims submissions.
- Reinsurance Module
The reinsurance module provides rich functionality for managing facultative and proportional treaty reinsurance programmes to create net of reinsurance accruals.
- Compliance
Subscribe ensures all your corporate control and auditability demands are met. The system monitors that all underwriting activities are within corporate governance criteria.
If you would like further information you can contact us to speak to a member of our team about our policy administration platform, Subscribe.
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