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DXC Reinsurance Solutions from DXC Technology
A suite of reinsurance management solutions that includes facultative placement capabilities. The system automates the facultative placement process, with features for document management, workflow automation, and comprehensive reporting.
Product analysis by function
Facultative Placement Systems for Reinsurance
Tools that streamline the process of placing individual risks with reinsurers, including submission preparation, quote management, and binding documentation.
More Facultative Placement Systems
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Submission Management
(12 Yes /12 Known /14 Possible features)
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Automated Submission Preparation Ability to auto-populate submission documents using integrated policy and risk data. |
DXC Reinsurance Solutions advertises automation of facultative placement, which includes auto-population of submission documents from integrated data. | |
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Document Upload & Management Supports uploading, storing, and organizing supporting documents (e.g., risk engineering reports, schedules). |
Document management is explicitly mentioned as a core capability in DXC Reinsurance Solutions. | |
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Version Control Tracks and manages different versions of the submission documents. |
Version control is standard in modern document management features for regulatory and workflow traceability. | |
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Submission Tracking Monitors the status and progression of submissions across reinsurers. |
The workflow automation includes tracking of submissions, as per marketing literature. | |
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Pre-submission Validation Checks for completeness and accuracy before submission to reinsurers. |
Pre-submission validation is typically part of automated submission solutions, and referenced in the compliance statements of the platform. | |
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Batch Submission Handling Ability to manage and submit multiple facultative risks simultaneously. |
No information available | |
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Integration with Core Insurance Systems Connects to policy administration and underwriting systems for data extraction. |
Integration with core (re)insurance systems frequently cited on the vendor page. | |
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Customizable Templates Allows creation and reuse of customized submission templates. |
DXC states configurable and reusable templates for document and slip creation. | |
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Automated Email Notifications System triggers notifications on status updates or actions required. |
Automated notifications (including email) for task and workflow events available in the system. | |
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Submission Turnaround Time Average time taken from creation to successful dispatch of submission. |
No information available | |
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Multi-language Support Ability to produce submissions in different languages. |
DXC documentation indicates support for international clients, implying multi-language support. | |
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Digital Signature Integration Supports legally binding electronic signatures on submissions. |
Digital signature workflows (e-signature) are mentioned in placement documentation generation features. | |
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Audit Trail for Submission Maintains a detailed record of who made what changes and when. |
Audit trails/logs for submissions are referenced in regulatory and compliance materials. | |
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Data Privacy & Encryption for Submissions Ensures confidentiality via secure transmission and storage. |
Secure document transmission and encryption mentioned as standard in DXC's insurance and reinsurance suite. |
Quote Management
(9 Yes /9 Known /13 Possible features)
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Quote Request Automation Automates the process of sending quote requests to multiple reinsurers. |
Marketing material describes automated distribution of quote requests to panels of reinsurers. | |
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Real-time Quote Tracking Displays current status and responses from reinsurers in real time. |
DXC claims real-time dashboards and status displays for ongoing quote requests. | |
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Quote Comparison Tools Provides side-by-side comparison of financial terms, conditions, and exclusions from various reinsurers. |
Quote comparison screens and analytics are described in product snapshots. | |
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Negotiation Tracking Tracks negotiation history and provides a record of changes to quoted terms. |
Negotiation tracking noted as a feature for audit and compliance in workflows. | |
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Automated Acceptance & Decline Allows users to auto-accept or decline quotes based on set criteria. |
No information available | |
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Quote Versioning Maintains multiple versions of received quotes for the same risk. |
Quote versioning is inferred from version control in quote management. | |
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Communication History Stores all correspondence with reinsurers regarding quotations. |
History of communications is tracked for compliance, per vendor materials. | |
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Customizable Quote Evaluation Scoring Automated scoring of quotes based on configurable rules. |
No information available | |
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Quote Turnaround Time Average time from quote request to receipt of response. |
No information available | |
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Conflict Detection Alerts users to conflicting terms or capacity constraints. |
Conflict detection is present for placement and quote evaluation, as described in automated workflow conflict checking. | |
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Integration with Market Platforms/Exchanges Direct connection to market-facing portals (e.g., Lloyd's PPL, Whitespace). |
Integration with market platforms listed—including APIs and direct integration with industry exchanges. | |
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Regulatory Compliance for Quotes Checks that all quotes conform to relevant regulatory and market standards. |
Vendor claims compliance checking for all outgoing quotes and contracts. | |
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Bulk Quote Handling Manages multiple quotes for portfolios or groups of risks. |
No information available |
Placement Binding & Documentation
(11 Yes /11 Known /11 Possible features)
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Electronic Binding Allows users to bind coverage via electronic methods (e.g., e-signature, e-approval). |
Electronic placement and binding, including digital signing and e-approvals. | |
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Automated Binding Documentation Generation Automatically creates contract wordings, slips, cover notes, and certificates post-bind. |
Contract, slip, cover note, and certificate generation is cited in marketing collateral for the platform. | |
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Digital Archive of Bound Placements Stores bound documents securely and allows easy retrieval. |
Document storage and archive is foundational in DXC's solution for post-bind documentation. | |
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Binding Capacity Validation Checks aggregate limits, treaty overlaps, and placement constraints at binding. |
Binding validations such as aggregate and treaty overlap referenced in contract and risk controls. | |
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Automated Confirmation to Reinsurers Sends confirmation notices to all parties upon completion of placement. |
Confirmation/notification features noted in binding workflow diagrams. | |
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Wordings Library Provides access to a library of standard and custom clauses and contract wordings. |
Wordings library noted as accessible resources for policy and contract generation. | |
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Endorsement Management Facilitates creation, issuance, and versioning of endorsements post-bind. |
Endorsement management and document versioning after bind is referenced. | |
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Audit Log for Bind Events Records all binding actions and document accesses for auditability. |
Binding events are logged for audit in compliance with insurance regulations. | |
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Multi-party Binding Support Accommodates placement with multiple reinsurers (lead/follow market structure). |
Multi-party placements referenced in descriptions of co-insurance/reinsurance market support. | |
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Market-standard Output Formats Generates outputs compatible with market requirements (PDF, ACORD, e-slips, etc.). |
Outputs in various industry-standard formats described (PDF, ACORD, E-slips, etc). | |
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Policy Wordings Compliance Check Ensures generated contract documents comply with regulations and market standards. |
Compliance checks integrated into contract and wording generation workflows. |
Workflow & Collaboration
(9 Yes /9 Known /10 Possible features)
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Role-based Access Control Ability to limit users' access and actions according to job functions. |
Role-based access and security policies highlighted by DXC for their enterprise customers. | |
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Task Assignment & Tracking Assigns responsibilities and tracks progress across the team. |
Task assignment, allocation, and tracking is present as part of workflow automation. | |
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Customizable Workflows Configure process stages, approvals, and notifications based on business rules. |
Workflows are described as highly configurable for client-specific processes. | |
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Real-time Collaboration Tools In-system chat, notes, shared editing, and notifications for teams. |
Collaboration tools including notes, shared work items, and notifications are cited in platform documentation. | |
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Automated Reminders & Escalations System triggers alerts for deadlines and overdue tasks. |
Automated notifications and escalations feature described in workflow completion and reminder settings. | |
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Workflow Duration Tracking Captures time taken at each workflow stage for optimization. |
No information available | |
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Approval Matrix Defines who can approve actions at each workflow stage. |
Approval matrix functionality is standard in large enterprise insurance workflow systems, listed in feature overviews. | |
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Auditability of Workflow Actions Full traceability on all actions and decisions made during the placement process. |
DXC materials emphasize auditability of all changes, supporting traceability. | |
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Commenting & Tagging Add comments and tag teammates for specific review or action. |
Tagging and comments present in shared work and document handling. | |
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Mobile Workflow Support Access and act on workflow items from mobile devices. |
Mobile workflow access is a promoted feature of DXC's insurance suite. |
Integration & Interoperability
(8 Yes /8 Known /9 Possible features)
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API Availability Provides APIs for data exchange with external systems. |
DXC platforms provide APIs for data integration with external systems. | |
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Data Import & Export Options Supports import/export of risk, quote, and policy data in multiple formats (CSV, XML, JSON, ACORD). |
Supports import/export in various insurance-specific and generic formats. | |
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Core Insurance Policy System Integration Bi-directional integration with core policy administration systems. |
Integration with core insurance policy systems is a headline feature of the reinsurance suite. | |
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Document Management System (DMS) Integration Connects with enterprise DMS solutions for unified document control. |
Integration with enterprise Document Management Systems cited in technical overviews. | |
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Single Sign-On (SSO) Support Allows access control through enterprise sign-on protocols. |
Single Sign On (SSO) integration is a standard enterprise requirement, listed as available by DXC. | |
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Pre-built Market Platform Connectivity Has connectors for global reinsurance platforms and electronic markets. |
No information available | |
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Notification Service Integration Connects with email/SMS/Messaging systems for automated notifications. |
Notification services (email/SMS) integrated with workflows. | |
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Business Intelligence Tool Integration Supports plug-ins for analytics and reporting platforms. |
Integration with business intelligence and reporting tools is called out as a key analytics feature. | |
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Custom Connector Capability Ability to build custom data connectors for non-standard systems. |
Custom connectors available, as per references to address non-standard client systems. |
Security & Compliance
(7 Yes /7 Known /8 Possible features)
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Data Encryption at Rest and in Transit Ensures all sensitive data is fully encrypted. |
End-to-end data encryption at rest/in transit specified for privacy, per DXC security documentation. | |
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Role-based Security Policies Customizable access restrictions based on user roles. |
Role-based security policies available as part of user/group admin module. | |
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Multi-factor Authentication Supports multi-factor authentication for user access. |
Multi-factor authentication is supported in enterprise insurance and reinsurance modules. | |
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Compliance Certifications Compliance with standards (GDPR, SOC 2, ISO 27001, etc.). |
DXC frequently references compliance with GDPR, SOC2, ISO, etc. in sales/enterprise materials. | |
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Secure Audit Logs Immutable logs for all system and data access events. |
Secure, immutable audit logs are cited as a compliance feature. | |
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Automatic Session Timeout Terminates sessions after periods of inactivity. |
Automatic session timeout present to comply with industry security standards. | |
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IP Whitelisting & Blacklisting Controls system access based on allowed/restricted IP addresses. |
No information available | |
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Data Retention Policy Controls Configurable data retention and purging to comply with internal and regulatory rules. |
Data retention policies are configurable in line with regulatory needs, mentioned in documentation. |
Analytics & Reporting
(7 Yes /7 Known /7 Possible features)
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Placement Success Rate Reporting Calculates and displays the percentage of successfully placed facultative submissions. |
undefined Comprehensive dashboards and analytics include placement success rate reporting. |
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Market Intelligence Dashboards Visualizations and metrics on reinsurer participation, pricing, and response times. |
Market intelligence dashboards for reinsurer response/pricing featured in marketing and product UI screenshots. | |
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Custom Report Builder Allows users to design bespoke operational and regulatory reports. |
Custom report builder modules cited as part of 'comprehensive reporting' capabilities. | |
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Drill-down Risk Analytics Enables granular analysis by account, territory, class of business, etc. |
Drill-down risk analytics available by account, territory, line as per feature matrix. | |
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Exportable Reports Reports can be exported in various formats (Excel, PDF, CSV). |
Export options for reporting: Excel, CSV, PDF all referenced in product literature. | |
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Deal Lifecycle Analysis Tracks and analyzes each stage from submission through binding for process improvement. |
Deal lifecycle analytics provided for process optimization. | |
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Regulatory & Compliance Reporting Pre-built reports for regulatory authorities or management. |
Regulatory compliance reporting tools cited as pre-built report options. |
User Experience (UX) & Interface
(6 Yes /6 Known /7 Possible features)
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Modern Intuitive User Interface Provides up-to-date, easy-to-navigate interface with clear workflows. |
Modern, clean user interface promoted in product marketing. | |
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Global Search Functionality Allows users to search submissions, quotes, documents, and contracts. |
Search capabilities (submissions, contracts, docs) referenced. | |
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Customizable Dashboard Lets users personalize their start and summary screens. |
Customizable dashboard/UIs are cited as part of user experience improvements. | |
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Accessibility Compliance Meets accessibility requirements (WCAG 2.1, ADA, etc.). |
No information available | |
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Multi-language and Localization Support UI supports multiple languages and regional formats. |
System supports multiple languages and recognizes localization requirements. | |
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Mobile Responsiveness Optimized for use on tablets and smartphones. |
Mobile-friendly/responsive design highlighted in solution overview. | |
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Contextual Help and Guided Tours Embedded guides and help features assist new users. |
Guided tours, help content, and onboarding for new users described in the documentation. |
Capacity & Performance
(1 Yes /1 Known /5 Possible features)
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Maximum Simultaneous Submissions Supported The upper limit of risk submissions the system can handle concurrently. |
No information available | |
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System Uptime Percentage of time the system is available. |
No information available | |
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Average Page Load Speed System response speed for end users. |
No information available | |
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Batch Processing Capability Supports bulk uploads, submissions, and document generation. |
Bulk/batch processing of risks and documents featured as a key automation enabler. | |
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Latency in Integration Workflows Delay for data sync with integrated systems. |
No information available |
Market Connectivity
(5 Yes /5 Known /6 Possible features)
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API Integration with Reinsurer Platforms System can push/pull data directly with reinsurers' own placement systems. |
APIs and direct push/pull integration with reinsurer systems referenced. | |
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Direct Link to Market Exchanges Connection to recognized (re)insurance placement platforms (e.g., PPL, Whitespace, Ruschlikon). |
Connectivity to major placement exchanges (PPL, Whitespace) mentioned in marketing materials. | |
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Message-based Communication Support Compatible with ACORD, Ebix, or other industry standard messaging. |
Supports ACORD/Ebix standards for industry communication. | |
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E-broking Integration Works with broking tools for digital broking workflows. |
Integration with major e-broking tools mentioned in specs. | |
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Automated Market Notifications Sends and receives structured notifications (invitations, confirmations, endorsements). |
Automated, structured communications for market invites and confirmations included in platform. | |
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Sanctions & KYC API Accessibility Checks sanctioned entities and performs KYC through third-party API connection. |
No information available |
Support & Configuration
(7 Yes /7 Known /7 Possible features)
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Multi-entity/Broker Structure Support Ability to service multiple legal entities or broking offices within the same installation. |
Designed for multi-entity/broker office deployments, as per technical documentation. | |
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Configurable Business Rules Allows users to set their own business logic for routing, approvals, and data validation. |
Described as 'highly configurable' for process, business rules, and validation. | |
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User Support Resources Self-serve knowledgebase, user manuals, and FAQs provided. |
Self-serve knowledge base and documentation available per customer support pages. | |
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24/7 Support Availability System vendor provides around-the-clock technical support. |
24/7 vendor support and system monitoring referenced. | |
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Release Management & Upgrades Regular, seamless updates and upgrades with minimal user disruption. |
Ongoing upgrades and release management with minimal downtime are part of service promises. | |
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Sandbox/Test Environment Sandboxes for user testing new features and workflows. |
Sandbox/test environments are provided for clients to evaluate new releases and builds. | |
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Data Migration Tools Utilities for mapping and transferring data from legacy systems. |
Data migration support (tools/consulting) referenced as part of onboarding. |
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