Company
finalises implementation of the SICS/nt system
ZEP-RE has recently finalised the
implementation of a new reinsurance management system, the SICS/nt. The system
is among the best reinsurance management systems used by leading professional
reinsurance companies all over the world. The system has full support for underwriting,
claims, accounting, cession/retrocession management and financial reporting and
is a friendly and fully integrated package designed to attend to clients’
individual needs.
Bottom line benefits expected to be derived from
this system include; improved risk management, streamlined processes, cost
savings from running one system on a single unified database, reduced
processing costs due to greater system functionality and more robust
quantitative analysis. The Company intends to extend these benefits to all our
clients.