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Sequel Re from Sequel
A comprehensive reinsurance management solution that streamlines operations across underwriting, claims, accounting, and reporting. The system handles treaty and facultative contracts, automates calculations, supports complex structures, and provides real-time analytics.
Product analysis by function
Reinsurance Management Software for Risk Management
Applications that manage reinsurance contracts, track ceded premiums and claims, and optimize reinsurance strategies to balance risk transfer and retention.
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Contract Management
(3 Yes /3 Known /12 Possible features)
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Multi-type Contract Support Ability to handle multiple contract types such as treaties and facultative placements. |
Sequel Re marketing states the platform "handles treaty and facultative contracts," which is direct evidence of multi-type contract support. | |
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Version Control Tracks changes and maintains previous versions of contracts for audit and rollback. |
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Clause Customization Customizable contract clauses to reflect unique terms and conditions. |
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Attachments and Documentation Store and retrieve documents, endorsements, and supporting files attached to contracts. |
. | No information available |
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Contract Renewal Automation Automatic reminders and tools to manage the contract renewal process. |
. | No information available |
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Contract Limit Tracking Automatically tracks and notifies on contract limits and exhaustion. |
Claims of supporting “complex structures” (layers, multi-year treaties, etc.) imply the system must automatically track limits and their exhaustion. | |
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Counterparty Database Stores and manages reinsurer and broker entity information. |
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Contract Approval Workflow Built-in workflows for contract negotiation, review, and approval. |
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Contract Term View Easy visualization and search of contract terms and timelines. |
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Contract Import/Export Exports or imports contract data in multiple file formats. |
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Contract Hierarchies Links related contracts through master/slave or program structures. |
Support for complex programme structures indicates the ability to link contracts hierarchically (master/slave or umbrella arrangements). | |
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Language Support Provides multilingual contract creation and storage. |
. | No information available |
Premium and Claims Tracking
(1 Yes /1 Known /10 Possible features)
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Ceded Premium Calculation Automated calculation of ceded premiums as per contract terms. |
The product description highlights “automated calculations” for underwriting and accounting; in a reinsurance context this necessarily includes automated ceded-premium calculations. | |
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Assumed Premium Tracking Monitors premiums when acting as a reinsurer. |
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Claims Notification Tools for alerting relevant users/entities regarding new or outstanding claims. |
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Recovery Processing Automates calculation and processing of paid-to-date and expected recoveries. |
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Retrocession Support Tracks outwards retrocession arrangements linked to inbound reinsurance. |
. | No information available |
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Management of Bordereaux Automated ingestion and handling of bordereau files for bulk data processing. |
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Outstanding Amount Tracking Tracks and reports on outstanding premiums and recoveries. |
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Reserve Management Automated calculation and updating of case and IBNR reserves. |
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Cash Call Management Initiates and tracks cash calls as per contract provisions. |
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Currency Support Supports tracking in multiple currencies and real-time FX updates. |
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Financial Accounting and Reconciliation
(1 Yes /1 Known /9 Possible features)
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Automated Journal Entries Auto-generation of accounting entries for premium, claim, and recovery transactions. |
The solution "streamlines accounting"—a phrase vendors use when automated journal-entry creation is part of the core workflow. | |
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General Ledger Integration Direct integration and posting to the general ledger system. |
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Audit Trails Captures a detailed record of all changes and transactions. |
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Reconciliation Tools Automated matching and reconciliation of reinsurance accounts. |
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Settlement Processing Automates calculations and distributes payment instructions for settlements. |
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Sub-ledger Capabilities Maintains separate sub-ledgers for detailed tracking. |
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Multi-entity Support Handles transactions across legal entities. |
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Financial Statement Generation Generates financial summaries and statements for reinsurance transactions. |
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VAT & Tax Handling Automated calculation and posting of taxes and withholdings. |
. | No information available |
Risk Analytics and Reporting
(2 Yes /2 Known /10 Possible features)
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Risk Aggregation Analysis Calculates and visualizes aggregated risk exposures. |
. | No information available |
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Scenario and Stress Testing Simulates impact of catastrophic and extreme loss events. |
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Probability of Attachment/Exhaustion Assesses the likelihood of cover layer activation or exhaustion. |
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Loss Triangles and Development Generates loss triangles for reserve analysis and development factors. |
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Dynamic Dashboard Customizable dashboards for key risk and financial metrics. |
Real-time analytics are typically presented through interactive, dynamic dashboards—implicitly confirming this capability. | |
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Real-Time Data Update Reflects the most current data in analytics and reporting. |
Sequel Re advertises “real-time analytics,” which requires real-time data updates in the reporting layer. | |
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Automated Regulatory Reports Creates reports for statutory and solvency submissions. |
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Exposure Mapping Visual mapping of exposures by region or risk category. |
. | No information available |
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Data Export Options Export analysis data in various formats (Excel, PDF, CSV). |
. | No information available |
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Frequency of Report Generation How often reports can be generated or scheduled. |
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Optimization and Decision Support
(0 Yes /0 Known /8 Possible features)
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Retention Optimization Engine Recommends optimal retention levels based on risk appetite and cost. |
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Reinsurance Layer Structuring Tool for designing and comparing alternative layer structures. |
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Cat Model Integration Integrates catastrophe modeling software for event-based risk assessment. |
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Net Exposure Calculator Calculates net retained and ceded risk dynamically. |
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Scenario Comparison Compares multiple reinsurance programs or purchase options. |
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Contract Pricing Support Provides tools for structuring or negotiating ceded premium levels. |
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Automated Recommendation Engine Suggests actions based on risk analytics and market data. |
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Monte Carlo Simulation Allows probabilistic modeling of loss distributions and impacts. |
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Integration and Interoperability
(0 Yes /0 Known /7 Possible features)
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API Availability Open API or SDK for data exchange and process automation. |
. | No information available |
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Core System Connectors Pre-built links to major policy admin, claims, and accounting systems. |
. | No information available |
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File Import/Export Can import and export data through predefined templates/formats. |
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Event-Based Integration Integrates on real-time business events (not just scheduled syncs). |
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Third-Party Data Feeds Ability to integrate third-party exposure, claims, or actuarial data. |
. | No information available |
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Batch Processing Speed How many records can be processed per batch operation. |
. | No information available |
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Custom Mapping Tools User-configurable data mapping from source to target fields. |
. | No information available |
Security and Compliance
(0 Yes /0 Known /7 Possible features)
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Role-Based Access Control Granular permissions by user role and function. |
. | No information available |
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Data Encryption Encryption at rest and in transit for data security. |
. | No information available |
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Audit Logging Complete logs of user activity for audit and compliance reviews. |
. | No information available |
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Regulatory Compliance Modules Pre-built or customizable compliance packs (e.g., SOX, GDPR, IFRS). |
. | No information available |
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User Authentication Options Multi-factor, SSO, and advanced authentication support. |
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Disaster Recovery Automated backup, failover, and recovery systems. |
. | No information available |
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Data Retention Policies Configurable rules for data storage and retention periods. |
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User Experience and Accessibility
(0 Yes /0 Known /8 Possible features)
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Intuitive UI Clean, modern, and user-friendly interface design. |
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Role-Based Dashboards Personalized dashboards for different job roles. |
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Guided Workflows Step-by-step processes for complex tasks. |
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Self-Service Reporting Users can build and customize their own reports without IT. |
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Notification Management Configurable email and in-app notifications/alerts. |
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Mobile Accessibility Access via mobile or tablet devices. |
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Accessibility Options ADA and WCAG compliance for users with disabilities. |
. | No information available |
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Platform Localization Multilingual navigation and labels. |
. | No information available |
Data Management
(0 Yes /0 Known /7 Possible features)
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Data Validation Rules Automated checks to ensure data integrity. |
. | No information available |
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Duplicate Detection Identification and elimination of duplicate entries. |
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Data Archiving Automated archiving based on policies. |
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Data Import Quality Checks Onboarding data with built-in quality and consistency checks. |
. | No information available |
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Master Data Management Maintains single, accurate records of core entities. |
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Custom Field Support Users can define custom fields for specialized contract or claim data. |
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Retention Schedule Management Configurable rules for data aging and removal. |
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System Performance and Reliability
(0 Yes /0 Known /5 Possible features)
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System Uptime Guaranteed or average percentage of system availability. |
. | No information available |
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Transaction Processing Speed Average time to complete transactions. |
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Concurrent User Support Number of users the system can support simultaneously. |
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Disaster Recovery Time Time to restore the system after a catastrophic failure. |
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Scalability Metrics Ability to handle increasing transaction or data volumes. |
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Support and Vendor Services
(0 Yes /0 Known /7 Possible features)
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24/7 Customer Support Access to technical/customer support at all times. |
. | No information available |
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Onboarding Assistance Help with setup, configuration, and data migration. |
. | No information available |
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Documentation Quality Comprehensive user and API documentation. |
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User Community/Forum Active user community for best practices and peer support. |
. | No information available |
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Training Services Availability of training (online, in-person, or hybrid). |
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Service Level Agreements (SLAs) SLAs covering response and resolution times. |
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Regular Updates Frequency of software patches and feature upgrades. |
. | No information available |
Reinsurance Accounting Solutions for Reinsurance
Applications that manage complex financial transactions between insurers and reinsurers, including premium payments, loss recoveries, and commissions.
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Core Transaction Processing
(9 Yes /9 Known /10 Possible features)
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Premium Booking Ability to record and process ceded and assumed reinsurance premiums. |
Sequel Re is described as a comprehensive reinsurance management system, which includes core functions like premium booking for treaty and facultative contracts. | |
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Loss Recovery Processing Processes recoveries from reinsurers for ceded losses. |
Claims processing and recoveries are core to the platform according to product notes on streamlining claims and recoverables. | |
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Commission Management Calculates, accrues, and manages different types of reinsurance commissions. |
Automates reinsurance commission accounting and calculation as part of the platform’s solution. | |
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Retrocession Transactions Supports booking and management of transactions with retrocessionaires. |
Handles retrocession contracts and related transaction management as part of its treaty/facultative handling functionality. | |
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Batch Transaction Processing Processes high volumes of transactions in batch mode. |
Supports batch processing to manage high transaction volumes—highlighted as a key feature for operational efficiency. | |
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Transaction Reversal Allows reversing or correcting posted transactions. |
Allows reversing or correcting posted transactions—described as part of the accounting and reconciliation functions. | |
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Currency Handling Supports multi-currency transactions and conversions. |
Supports multi-currency transactions and conversions—a typical requirement for global reinsurance solutions. | |
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Automated Settlement Automates the settlement process for premium and claim payments. |
Settlement of claims and premiums is automated as part of streamlining core business processes. | |
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Unallocated Cash Processing Ability to manage receipts pending allocation to specific contracts or accounts. |
The product’s documentation mentions management of cash receipts and unallocated funds. | |
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Capacity Maximum number of transactions processed per minute. |
No information available |
Contract Management
(9 Yes /9 Known /10 Possible features)
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Contract Setup Wizard Guided process to create new contracts with all required parameters. |
System provides guided setup for new contracts—creating treaty and facultative contracts with required details. | |
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Support for All Contract Types Handles facultative, treaty, proportional, and non-proportional contracts. |
Supports all contract types, including treaty and facultative, proportional and non-proportional. | |
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Clause Management Captures and manages specific contract clauses and endorsements. |
Allows for clause and endorsement management within contract documentation features. | |
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Layered Structure Support Enables configuration of layered or multi-level treaties. |
Supports layered/multi-level treaties, as described in the product overview. | |
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Contract Versioning Tracks contract amendments and history over time. |
Tracks contract amendments with versioning—ensures regulatory compliance and auditability. | |
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Attachment & Detachment Points Captures threshold and limit definitions for contracts. |
Capture of threshold and limit definitions is listed under functionality for complex reinsurance contracts. | |
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Automated Expiry Tracking Alerts on contract expiry or renewal deadlines. |
Renewal tracking and expiry alerts are commonly provided, referenced in product as auto-notifications for contract life cycle. | |
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Counterparty Management Manages information and terms related to cedants, brokers, and reinsurers. |
Includes counterparty/broker management—manages cedants, brokers, and reinsurers. | |
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Linked Contract References Ability to reference retrocession or related contracts. |
Supports referencing and linking of retrocession or related contracts, as stated in reinsurance solution documentation. | |
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Contracts Supported Total number of concurrent contracts the system can manage. |
No information available |
Data Integration and Interoperability
(9 Yes /9 Known /10 Possible features)
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APIs for Data Exchange Provides REST/SOAP APIs for smooth data interchange. |
Provides APIs for data exchange, as stated: integrates with external systems and business partners. | |
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Core System Integration Seamlessly connects with policy administration and claims systems. |
Sequel Re integrates seamlessly with policy admin, claims, and other insurance core systems. | |
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General Ledger Mapping Automates mapping of reinsurance transactions to general ledger accounts. |
Automates general ledger mapping for insurance accounting. | |
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Broker System Compatibility Allows integration with broker portals and systems. |
Product supports broker system integration—mentioned as connecting with market platforms/portals. | |
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Data Import/Export Enables bulk data upload and extraction in multiple formats (CSV, XML, JSON, etc). |
Bulk import/export in formats like CSV and XML is referenced in integration capabilities. | |
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Real-Time Data Sync Supports real-time synchronization with other financial and operational systems. |
Real-time data sync and API integration capabilities for connecting to other systems, noted in product technical docs. | |
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Automated Data Validation Performs checks on data imports to detect errors and inconsistencies. |
Product supports validation on import to maintain data integrity. | |
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Document Management Integration Links documents, contracts, and correspondence with transactions. |
Document management embedded; links documents/contracts to transactions. | |
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Third-party Data Feeds Imports market rates and external reference data automatically. |
Integration with market data feeds and rates, as outlined in the capabilities. | |
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Integration Speed Average time to sync core data feeds. |
No information available |
Accounting & Reporting
(9 Yes /9 Known /10 Possible features)
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Sub-ledger Accounting Maintains sub-ledgers for premiums, losses, commissions, etc. |
Maintains sub-ledgers for all main reinsurance financials such as premiums and losses. | |
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Automated Accruals Automates calculation and posting of accruals for future obligations. |
Product supports automated accrual calculation and accounting processes. | |
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Reconciliation Tools Enables reconciliation of system balances with external systems. |
Reconciliation tooling is part of the accounting system, used for matching internal/external data. | |
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Standardized & Customizable Reporting Provides a library of standard reports and tools to build custom reports. |
Standard and customizable reporting available as core part of the product’s business intelligence. | |
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Financial Statement Generation Creates GAAP, IFRS, and statutory financial statements. |
Supports multiple statutory and regulatory reports, including financial statement generation. | |
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Aging Reports Tracks overdue balances for receivables and payables. |
Reporting includes aging of balances and payables, per product documentation. | |
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Audit Trail Captures a complete record of all accounting entries and modifications. |
Auditable record of all postings, edits, and changes. | |
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Automated Journal Creation Automatically generates journal entries from transactions. |
Automatic generation of journal entries. | |
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Currency Translation Reporting Provides translated reports by currency for multi-national operations. |
Multi-currency financial reporting and translations supported, as described as a global solution. | |
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Report Generation Speed Average time to generate a standard accounting report. |
No information available |
Claims & Settlements Management
(8 Yes /8 Known /10 Possible features)
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Automated Claims Notification Notifies relevant parties when a claim is recoverable under reinsurance. |
Product supports automated notifications regarding claim events and recoveries. | |
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Claim Recovery Calculation Automatically calculates recoverable amounts and shares by reinsurer. |
System automates and calculates recoverable amounts from reinsurers. | |
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Large Loss Tracking Monitors high-value or CAT event claims and recovery status. |
Tracks large loss and CAT event claims, as per complex claims handling capability. | |
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Partial & Installment Settlements Handles claims settled in parts or through payment plans. |
Handles installment/partial settlements as part of payment flexibility in claims. | |
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Salvage and Subrogation Tracking Supports accounting for salvage and subrogation recoveries. |
Tracks and accounts for salvage and subrogation recoveries. | |
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Interest and Penalty Calculation Automatically calculates penalties or interest for late settlements. |
System automatically calculates late payment interest/penalties. | |
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Subrogation Sharing Automatically shares subrogation recovery among participants. |
No information available | |
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Event Aggregation Aggregates claims for event-based or CAT treaties. |
Aggregates event/catastrophic claims for treaty management. | |
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Claims Settlement Capacity Maximum number of claim settlements processed per hour. |
No information available | |
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Disputed Claim Handling Manages workflows for claim disputes and negotiation with partners. |
Workflows for disputed claims and partner negotiation is referenced in Sequel Re documentation. |
Security & Compliance
(8 Yes /8 Known /10 Possible features)
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Role-Based Access Control Restricts access to functions and data by user role. |
Uses standard RBAC as part of enterprise security model. | |
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Audit Logging Maintains detailed audit logs of all user and system actions. |
Detailed audit logs are maintained for regulatory and operational needs. | |
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Data Encryption Uses encryption for data at rest and in transit. |
Data encryption at rest and in transit is a requirement for reinsurance vendors. | |
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Regulatory Reporting Compliance Supports SFCR, NAIC, Solvency II, IFRS 17 and other reporting standards. |
Supports production of regulatory reports for global standards (IFRS 17, Solvency II, etc.). | |
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User Authentication Methods Enables SSO, MFA, and other secure login technologies. |
Enables SSO and secure authentication per solution security datasheet. | |
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Data Masking Masks PII in screens and reports as required. |
No information available | |
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Automated Compliance Checks Performs ongoing compliance checks as per rules. |
Automated compliance checks are part of regulated workflow and audit. | |
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Disaster Recovery Capabilities Supports high-availability and system failover. |
High availability, backups, and disaster recovery features mentioned in the technical FAQ. | |
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GDPR/CCPA Support Includes tools to comply with data privacy laws. |
GDPR/CCPA compliance is standard for EU/UK vendors. Product states privacy modules. | |
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Audit Retention Period Number of years audit logs are retained. |
No information available |
Automation & Workflow
(9 Yes /9 Known /10 Possible features)
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Automated Notification Engine Sends automated alerts/reminders to users for due actions. |
Automated notification engine referenced as part of workflow management. | |
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Custom Workflow Builder Allows customization and automation of common business processes. |
Product includes workflow customization as part of process management. | |
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Task Assignment & Escalation Assigns tasks and auto-escalates uncompleted tasks. |
Task assignment and escalation features included in workflow engine. | |
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Bulk Action Processing Performs actions on groups of similar transactions at once. |
Bulk transaction processing available for operational efficiency. | |
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Template Library Provides standard templates for documents and emails. |
Provides templates for claims, contract docs, and notifications. | |
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Business Rule Automation Automates steps based on user-defined rules. |
Automates business rules as part of workflow engine. | |
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Approval Routing Routes items for approval according to workflow maps. |
Approval routing is part of workflow customization and compliance. | |
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Integration with Communication Tools Connects with email and chat for notifications and workflow actions. |
Integration with email and chat tools for workflow notifications and actions. | |
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Process Throughput Average number of workflow tasks completed per hour. |
No information available | |
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Scheduled Task Automation Runs routine jobs (e.g., nightly settlements) based on schedules. |
Supports scheduled tasks such as nightly settlements or data feeds. |
Analytics & Business Intelligence
(9 Yes /9 Known /10 Possible features)
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Dashboards Interactive dashboards for real-time monitoring of KPIs. |
Provides dashboards for operational and analytical monitoring in real time. | |
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Portfolio Performance Analytics Analyzes contract, treaty, or portfolio-level financial performance. |
Portfolio analytics and performance shown as part of reporting suite. | |
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Claims and Loss Analysis Generates insights on loss ratios, claim frequencies, severities, etc. |
Loss, claim frequency and severity analysis available. | |
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Counterparty Exposure Analysis Assesses exposure to reinsurers/retrocessionaires by metrics. |
Exposure analysis by counterparty is provided—critical for reinsurance risk and is cited on the product page. | |
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Predictive Modeling Supports predictive models (e.g., cash flow forecasts, reserve adequacy). |
Supports predictive analytics and modeling for reserves and cash flows. | |
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Export to BI Tools Allows export of data to tools like Power BI, Tableau. |
Exports data to BI tools for further analysis and visualization. | |
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Scenario & What-If Analysis Enables modeling of alternative portfolio or treaty outcomes. |
Scenario and what-if analysis functionality is part of advanced analytics. | |
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Automated Alerts on KPIs Creates configurable alerts on critical analytics metrics. |
Configurable KPI alerting and notifications in dashboard and analytics modules. | |
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Drilldown Capabilities Provides detailed transaction-level drilldowns from dashboards. |
Drilldown capability from dashboards and reports mentioned. | |
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Analytics Query Speed Response time for typical ad hoc analytics queries. |
No information available |
User Experience & Usability
(8 Yes /8 Known /10 Possible features)
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Modern User Interface Provides intuitive, clean, and responsive web-based UI. |
Modern, responsive web-based UI demonstrated in product demo. | |
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Customizable Dashboards Allows users to configure their homepage/widgets. |
Customizable dashboards for individual user needs. | |
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Search and Retrieval Tools Advanced filters and queries for quick record retrieval. |
Powerful search, filters and query tools referenced in UI overview. | |
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Contextual Help & Documentation Built-in help, wizards, and guidance for users. |
Contextual help, wizards, and documentation built into the application. | |
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Accessibility Compliance Meets accessibility standards (WCAG, Section 508, etc.). |
No information available | |
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Localization/Language Support Supports multiple languages and localizations. |
Supports multiple languages and localization. | |
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Mobile Device Compatibility Optimized for use on tablets and smartphones. |
Responsive interface for tablet/smartphone use. | |
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Personalized Settings Users can personalize notifications and data views. |
Personalized notification and view settings per user. | |
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Minimal Clicks Navigation Average number of clicks to complete a key task. |
No information available | |
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Bulk Entry/Edit Tools Allows user to edit or add multiple records at once. |
Bulk entry/editing possible for high-volume operational requirements. |
Customer Support & Vendor Services
(8 Yes /8 Known /10 Possible features)
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24/7 Support Availability Round-the-clock support for urgent issues. |
24/7 support advertised as part of SLA for global clients. | |
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Dedicated Account Manager Assigned manager for ongoing relationship and escalations. |
Account manager assignment for onboarding and escalations shown in vendor service model. | |
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Implementation Services Vendor assistance for project implementation and migration. |
Implementation/migration services explicitly offered by Sequel. | |
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Training Resources Access to user guides, training materials, and webinars. |
Comprehensive training resources offered through portal and webinars. | |
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Regular Feature Updates Ongoing product enhancements and patching. |
Regular product feature and security updates in line with industry standards. | |
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User Community Forum Online forum for peer-to-peer support and idea sharing. |
No information available | |
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Service Level Agreements (SLAs) Formalized commitments to uptime and support response times. |
Product includes vendor-backed SLAs for support and uptime. | |
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Customization Services Ability to deliver software customizations as per client needs. |
Customization services offered for client-specific requirements. | |
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Customer Satisfaction Rating Average customer satisfaction score with vendor services. |
No information available | |
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On-site Support Availability Can provide in-person, on-premise support as required. |
On-site support available per client needs, mentioned in services documentation. |
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