Royal and Sun Alliance (RSA), a general insurance group, has selected Sapiens Reinsurance, a business management and accounting solution, to manage its Group Reinsurance portfolio, says Sapiens International Corp.
Sapiens says benefits include improved management and control of RSA’s reinsurance program and global operations. Sapiens Reinsurance also will provide full support for risk accumulation and exposure management, ensuring accuracy and control of all business processes via automated workflow activities and business functionality, including audit and tracking of all business activities and accounting procedures.
The solution also features a single repository for all information, providing support for operational reporting, management information and business analytics, statutory requirements and compliance, Sapiens says.
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