Global insurance programmes require insurers in different territories to cooperate efficiently to issue and service insurance policies in the local markets around the world in which a client has exposures.
Arranging multinational insurance requires the lead insurer to cooperate with their global network of insurance partners and arranging insurance policies and managing claims internationally. This presents multiple challenges through different laws, languages, processes, systems of the different parties involved.
iCede is the first and only dedicated global insurance system that has been independently designed and universally available to the insurance market to allow insurers to systemise the processes for arranging multinational insurance programmes. We offer a variety of licencing options to suit all budgets, including a cloud-based Software as a Service solution. The iCede system provides international insurers with a global solution, providing:
Structured process for placement of programme instructions and policy servicing, with transparency for all parties through a shared web-based platform.
iCede also provides workflow monitoring and management to ensure that you can deliver on your promises to your clients.
iCede’s powerful global insurance data directory allows your users to self-manage capabilities, market data and local regulation through a structured methodology.
This data then drives iCede’s Rules Engine Process which ensures that policy instructions are complaint with local regulations and practices ensuring that transactions are right-first-time.
iCede removes the significant expense of creating in-house proprietary system and significantly reduces the associated delivery risks. In addition,
iCede provides major process efficiencies when transacting global business and provides synergy benefits to the international insurance community through the use of a common platform.
Connecting Your Network
iCede acts a centralised data hub for all Producing and Fronting Offices when cooperating to arrange local fronted policies or report claims as part of a multinational insurance programme.
iCede allows users to interact and communicate in real time no matter where they are based and provides a transparent medium for policy issuance and claims payment. With an intuitive user interface and efficient process flows, iCede is suited to both high volume processing and also occasional users.
End-to-end Global Process
Pre-sales & International Market Data
Credit and Finance Management
Analytics and Reporting Tools
Client and Broker Customer Portal
Integrated Communications Tool
Global Service Delivery
Programme service is an essential element to deliver global insurance programmes to meet the needs of insurance buyers in the risk-managed market. Not only does iCede allow all Producing Offices to define service levels, the system actively manages service delivery through user dashboards and alert mechanisms to guide all users to achieve targets.
iCede’s real-time data processing, combined with visibility to stakeholders through dedicated client and broker portal makes service monitoring simple and reduces the number of service related enquires.
For more information about iCede and how we might help your business further, please get in touch with us.