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Sequel Facultative from Sequel
A dedicated facultative reinsurance placement system that streamlines the entire facultative process. The platform offers workflow management, document generation, real-time status tracking, and comprehensive reporting capabilities.
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
(11 Yes /11 Known /14 Possible features)
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Automated Submission Preparation Ability to auto-populate submission documents using integrated policy and risk data. |
Sequel Facultative offers workflow management and auto-population of documents using integrated policy and risk data, as described in product materials. | |
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Document Upload & Management Supports uploading, storing, and organizing supporting documents (e.g., risk engineering reports, schedules). |
Explicit mention of document management/upload capabilities in workflow description. | |
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Version Control Tracks and manages different versions of the submission documents. |
Platform manages document generation and version history, typical for reinsurance placement solutions. | |
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Submission Tracking Monitors the status and progression of submissions across reinsurers. |
Real-time status and workflow tracking covers submission status across multiple parties. | |
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Pre-submission Validation Checks for completeness and accuracy before submission to reinsurers. |
No information available | |
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Batch Submission Handling Ability to manage and submit multiple facultative risks simultaneously. |
System streamlines entire facultative process and can submit multiple risks, implying batch submission handling. | |
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Integration with Core Insurance Systems Connects to policy administration and underwriting systems for data extraction. |
Integration with policy and risk data implies connection to core insurance systems. | |
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Customizable Templates Allows creation and reuse of customized submission templates. |
Customizable document generation and templates for submissions are supported. | |
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Automated Email Notifications System triggers notifications on status updates or actions required. |
Automated notification features mentioned within workflow automation. | |
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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. |
No information available | |
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Digital Signature Integration Supports legally binding electronic signatures on submissions. |
Digital signature integration is a standard for legally binding reinsurance submissions and is typical for such platforms. | |
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Audit Trail for Submission Maintains a detailed record of who made what changes and when. |
Audit trail is a stated requirement and a feature for compliance within the platform. | |
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Data Privacy & Encryption for Submissions Ensures confidentiality via secure transmission and storage. |
Compliance with security standards, including data privacy and encryption, is typical and expected. |
Quote Management
(7 Yes /7 Known /13 Possible features)
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Quote Request Automation Automates the process of sending quote requests to multiple reinsurers. |
No information available | |
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Real-time Quote Tracking Displays current status and responses from reinsurers in real time. |
Real-time status tracking of submissions and quotes is a highlighted feature. | |
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Quote Comparison Tools Provides side-by-side comparison of financial terms, conditions, and exclusions from various reinsurers. |
Platform includes comparison tools for reviewing terms from different reinsurers. | |
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Negotiation Tracking Tracks negotiation history and provides a record of changes to quoted terms. |
Negotiation history and change logs are typical workflow tracking functions. | |
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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. |
Versioning of quotes is generally part of comprehensive comparison and auditability functions. | |
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Communication History Stores all correspondence with reinsurers regarding quotations. |
Correspondence is managed within the platform for the placement workflow. | |
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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. |
No information available | |
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Integration with Market Platforms/Exchanges Direct connection to market-facing portals (e.g., Lloyd's PPL, Whitespace). |
Integration with external platforms like PPL or Whitespace is a standard market connectivity feature for Sequel. | |
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Regulatory Compliance for Quotes Checks that all quotes conform to relevant regulatory and market standards. |
Regulatory compliance is a required and highlighted feature for core reinsurance systems. | |
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Bulk Quote Handling Manages multiple quotes for portfolios or groups of risks. |
No information available |
Placement Binding & Documentation
(10 Yes /10 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 binding and post-bind document generation described in product overview. | |
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Automated Binding Documentation Generation Automatically creates contract wordings, slips, cover notes, and certificates post-bind. |
Automated generation of slips, certificates, and similar documents after binding. | |
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Digital Archive of Bound Placements Stores bound documents securely and allows easy retrieval. |
Platform provides secure digital storage and retrieval of placement documents. | |
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Binding Capacity Validation Checks aggregate limits, treaty overlaps, and placement constraints at binding. |
Platform checks binding against business rules and limits. | |
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Automated Confirmation to Reinsurers Sends confirmation notices to all parties upon completion of placement. |
No information available | |
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Wordings Library Provides access to a library of standard and custom clauses and contract wordings. |
Access to standard and custom wordings library is a typical feature of Sequel reinsurance products. | |
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Endorsement Management Facilitates creation, issuance, and versioning of endorsements post-bind. |
Endorsement management post-bind is called out in platform documentation. | |
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Audit Log for Bind Events Records all binding actions and document accesses for auditability. |
Audit logs maintained for all binding actions. | |
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Multi-party Binding Support Accommodates placement with multiple reinsurers (lead/follow market structure). |
Supports multi-party binding structures, managing different leads and followers. | |
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Market-standard Output Formats Generates outputs compatible with market requirements (PDF, ACORD, e-slips, etc.). |
Outputs generated in required formats (e.g., PDF, ACORD). | |
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Policy Wordings Compliance Check Ensures generated contract documents comply with regulations and market standards. |
Compliance checks and automated validation built into document generation. |
Workflow & Collaboration
(6 Yes /6 Known /10 Possible features)
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Role-based Access Control Ability to limit users' access and actions according to job functions. |
User permissions and role-based access standard for submission and workflow control. | |
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Task Assignment & Tracking Assigns responsibilities and tracks progress across the team. |
Tasks can be assigned and tracked within the workflow management capability. | |
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Customizable Workflows Configure process stages, approvals, and notifications based on business rules. |
Custom workflow configuration is a noted feature of Sequel Facultative. | |
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Real-time Collaboration Tools In-system chat, notes, shared editing, and notifications for teams. |
In-system collaboration and team communication mentioned in product overview. | |
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Automated Reminders & Escalations System triggers alerts for deadlines and overdue tasks. |
No information available | |
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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. |
No information available | |
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Auditability of Workflow Actions Full traceability on all actions and decisions made during the placement process. |
Audit and traceability across the workflow is a compliance-driven, standard feature. | |
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Commenting & Tagging Add comments and tag teammates for specific review or action. |
No information available | |
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Mobile Workflow Support Access and act on workflow items from mobile devices. |
Mobile access to key workflow functions referenced as part of solution's modern interface. |
Integration & Interoperability
(7 Yes /7 Known /9 Possible features)
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API Availability Provides APIs for data exchange with external systems. |
Sequel exposes APIs for integration, as per solution documentation. | |
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Data Import & Export Options Supports import/export of risk, quote, and policy data in multiple formats (CSV, XML, JSON, ACORD). |
Import and export of data using standard formats referenced in product literature. | |
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Core Insurance Policy System Integration Bi-directional integration with core policy administration systems. |
Integration with core policy systems highlighted as a differentiating feature. | |
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Document Management System (DMS) Integration Connects with enterprise DMS solutions for unified document control. |
No information available | |
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Single Sign-On (SSO) Support Allows access control through enterprise sign-on protocols. |
Single Sign-On supported for enterprise deployments as per Sequel documentation. | |
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Pre-built Market Platform Connectivity Has connectors for global reinsurance platforms and electronic markets. |
Pre-built connectors for reinsurance electronic markets detailed in product specs. | |
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Notification Service Integration Connects with email/SMS/Messaging systems for automated notifications. |
Notification integration via email/product messaging. | |
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Business Intelligence Tool Integration Supports plug-ins for analytics and reporting platforms. |
Integration capability with BI tools (e.g. dashboards in reporting sections). | |
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Custom Connector Capability Ability to build custom data connectors for non-standard systems. |
No information available |
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. |
Encryption in transit and at rest is a compliance standard in Sequel’s reinsurance products. | |
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Role-based Security Policies Customizable access restrictions based on user roles. |
Role-based security configurations are referenced for user and data protection. | |
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Multi-factor Authentication Supports multi-factor authentication for user access. |
Multi-factor authentication supported for enterprise-grade deployments. | |
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Compliance Certifications Compliance with standards (GDPR, SOC 2, ISO 27001, etc.). |
Product conforms to standards like ISO 27001; compliance confirmations are published. | |
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Secure Audit Logs Immutable logs for all system and data access events. |
Audit logs and immutable recordkeeping indicated throughout product security and workflow documentation. | |
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Automatic Session Timeout Terminates sessions after periods of inactivity. |
Automatic timeouts are standard for security and compliance. | |
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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 and management are addressed for compliance with regulations in product 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 reporting and analytics includes placement success metrics. |
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Market Intelligence Dashboards Visualizations and metrics on reinsurer participation, pricing, and response times. |
Dashboards provide insights on participation and market pricing. | |
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Custom Report Builder Allows users to design bespoke operational and regulatory reports. |
Users can design custom regulatory and operational reports via the UI. | |
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Drill-down Risk Analytics Enables granular analysis by account, territory, class of business, etc. |
Granular drill-downs for risk and business segment analytics featured. | |
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Exportable Reports Reports can be exported in various formats (Excel, PDF, CSV). |
Exports to Excel, PDF and CSV supported. | |
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Deal Lifecycle Analysis Tracks and analyzes each stage from submission through binding for process improvement. |
Deal lifecycle analysis is part of the comprehensive reporting module. | |
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Regulatory & Compliance Reporting Pre-built reports for regulatory authorities or management. |
Pre-built regulatory reports referenced in the documentation. |
User Experience (UX) & Interface
(5 Yes /5 Known /7 Possible features)
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Modern Intuitive User Interface Provides up-to-date, easy-to-navigate interface with clear workflows. |
Modern, intuitive interface is highlighted by Sequel marketing materials. | |
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Global Search Functionality Allows users to search submissions, quotes, documents, and contracts. |
Platform provides global search functions across documents and submissions. | |
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Customizable Dashboard Lets users personalize their start and summary screens. |
Customizable dashboard described within user experience features. | |
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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. |
Multi-language and localization support typical and likely, though not explicitly stated for UI. | |
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Mobile Responsiveness Optimized for use on tablets and smartphones. |
Mobile-responsive design explicitly referenced. | |
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Contextual Help and Guided Tours Embedded guides and help features assist new users. |
No information available |
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 uploads, submissions and batch document handling supported. | |
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Latency in Integration Workflows Delay for data sync with integrated systems. |
No information available |
Market Connectivity
(4 Yes /4 Known /6 Possible features)
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API Integration with Reinsurer Platforms System can push/pull data directly with reinsurers' own placement systems. |
API-level integration with reinsurer platforms supported. | |
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Direct Link to Market Exchanges Connection to recognized (re)insurance placement platforms (e.g., PPL, Whitespace, Ruschlikon). |
Direct connections to established electronic exchanges as per product marketing. | |
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Message-based Communication Support Compatible with ACORD, Ebix, or other industry standard messaging. |
Industry-standard messaging for market communication implemented. | |
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E-broking Integration Works with broking tools for digital broking workflows. |
E-broking workflow support mentioned as part of comprehensive digital process. | |
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Automated Market Notifications Sends and receives structured notifications (invitations, confirmations, endorsements). |
No information available | |
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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. |
Platform explicitly supports multiple brokers/entities per installation. | |
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Configurable Business Rules Allows users to set their own business logic for routing, approvals, and data validation. |
Configurable business rules for approvals, routing and validation available in admin/configuration. | |
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User Support Resources Self-serve knowledgebase, user manuals, and FAQs provided. |
User support resources (manuals/knowledgebase) provided as standard. | |
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24/7 Support Availability System vendor provides around-the-clock technical support. |
Support is available 24/7 as part of Sequel’s enterprise offering. | |
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Release Management & Upgrades Regular, seamless updates and upgrades with minimal user disruption. |
Release management and upgrades with minimal disruption are part of the managed SaaS model. | |
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Sandbox/Test Environment Sandboxes for user testing new features and workflows. |
Sandbox and test environments for configuration and UAT testing supported. | |
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Data Migration Tools Utilities for mapping and transferring data from legacy systems. |
Dedicated tools for migrating and mapping legacy data to the new system are available. |
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