Single I.T. platform for managing (re)insurance operations
Compre has a single I.T. platform for managing its (re)insurance portfolio’s, and is called CompReSys. This platform has been specifically developed, in partnership with I.T. professionals Falx, for managing Compre’s legacy portfolios.
Compre has successfully completed data migration and conversion from many different platforms, including SICS classic, into CompReSys. This process, which includes a data audit and validation practice, has been meticulously developed to ensure a seamless transition moving data from host platform onto CompReSys and can be achieved in a timely and highly efficient procedure.
All of Compre’s (re)insurance business and data is held in CompReSys which has many unique features within its modular based platform including:
However, the key features of this I.T. platform is the ease of the functionality and the reporting facility which allows our experienced people to access data at claims level, contract level, policyholder level and at counterparty level to assess global relationships. This enables us to respond to commutation proposals promptly and efficiently with appropriate detailed analysis and be better informed of any set-off opportunities.
CompReSys continues to be developed and enhanced to be compliant with regulatory changes taking place in the market including enhanced reporting under Solvency II.
CompReSys can be made available on a modular basis, but first you may wish to see for yourself what it can do for your business, and so, we offer a free trial to sample the effectiveness of the system and its reporting package.
To obtain further information of these services please contact: