XLayers eliminates risks
XLayers automates accounting/reporting management of reinsurance, ensuring efficiency, speed and accuracy.
It is fundamental in optimising the performance of any Insurance Company and/or Group.
Return On Investment
XLayers is not a cost, but an investment, because it guarantees sure recovery for the Client.
Automatic functions reduce the possibility of errors often very costly and inherent in manual processes (leakage*), effectively optimising results and curbing management costs.
Adherence to the Ruschlikon Initiative leads to an additional reduction of manual processes and checks.
Reinsurance leakage is estimated at between 2% and 4% of reinsured premiums and claims (sources: AON – Celent).
* Reinsurance leakage definition: overpayments, under-recoveries, additional costs and charges due to inefficiencies and anomalies in the manual reinsurance process.
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