EbixExchange

EbixExchange provides Brokers, Cedants and Insurers with a comprehensive portfolio of online functionality, processes and workflows to support the full (re)insurance lifecycle from quotation, binding and endorsement through claims, accounting and settlement.

Features

  • All (re)insurance processes covered: quote, bind, endorse, claim, account, settle, etc
  • All market initiatives covered: ePlacing, eEndorsements, eDeclarations, A&S, ECF, CLASS, eAccounts, eAccounting/Ruschlikon/eBOT/eCOT
  • Every type of large commercial insurance and reinsurance catered for
  • Complete audit trail to reduce E&O costs
  • Integrate with back-office systems using ACORD standardised data and functionally rich APIs
  • Instant SaaS browser access to functionality for easy and rapid adoption

Benefits

  • One place to conduct all of you eTrading activity
  • Single portal for users – single signon to all market initiatives
  • Standardised and best practice processes
  • Permanently available audit trails
  • Fully supported by Ebix’s renowned team of first-class business and technical experts
  • Reduced keying, reduced errors, reduced E&O
  • Reduced operational costs
  • Straightforward and simple integration options

ePlacing

Manage the complete insurance and reinsurance placement process for open market risks, facilities and declarations, electronically in a contract certain environment.

Features

  • All placement processes covered – quote, bind, endorse and cancel
  • Every type of large commercial insurance and reinsurance
  • Full support for Facilities, Lineslips & Binders
  • Complete audit trail to reduce E&O costs
  • Integrate with back-office systems using ACORD standardised data and functionally rich APIs
  • Team-working functionality allowing participants to collaborate on placements
  • Instant SaaS browser access to functionality for easy and rapid adoption

Benefits

  • One record for the entire transaction process
  • Standardised and best practice process
  • Permanently available audit trail
  • Fully supported by Ebix’s renowned team of first-class business and technical experts
  • Opportunity to avoid rekeying information
  • Unambiguous contractual status
  • Cost-effective

eEndorsements

Manage the complete endorsement lifecycle for risks placed both electronically and face-to-face.

Features

  • All endorsement processes covered – request, resubmit, agree, query and negotiate
  • Endorse open market risks, facilities and declarations
  • Single on­line portal for all functionality
  • Designed to be optionally integrated with back-office systems
  • Integrate with back-office systems using ACORD standardised data and functionally rich APIs
  • Full electronic status tracking for all participants
  • Caters for off-platform markets using email and paper communications, allowing Brokers to manage the entire market for any risk
  • Instant SaaS browser access to functionality for easy and rapid adoption

Benefits

  • Finalised documentation created from data, removing paper from the process
  • Demands no integration
  • Cost-effective
  • Full global 24/7 support
  • Wide market reach, with over 80% of London Market endorsement requests sent through the EbixExchange
  • Fully supported by Ebix’s renowned team of first-class business and technical experts

eBot/eCot Ruschlikon

The easiest way to participate in the Ruschlikon initiative and realise its many benefits.

Features

  • Instant SaaS browser access to functionality for easy and rapid adoption
  • Available for all parties in the transaction process, e.g. Brokers, Cedants, (Re)Insurers and Lead Coinsurers
  • Rapid engagement with any Ruschlikon-capable trading partner
  • TMEL or P2P connectivity through built-­in gateway
  • Also available for in-house deployment
  • Choice of integration options:
    - Full ACORD messaging
    - Lite structured .XML, .XLSX or .CSV with customer-­controlled data mapping

Benefits

  • Easier reconciliation
  • Fully supported by Ebix’s renowned team of first-class business and technical experts
  • Reduced unallocated cash
  • Fewer queries
  • Cost-effective
  • Improved efficiency and cost saving
  • Automatic preparation and booking

eTreaty Statements

Submit e­Treaty Statements for rapid Lead Underwriter approval, before submission to XIS for processing.

Features

  • Online portal where you can present, negotiate and agree treaty statements
  • Automatic creation of agreement documentation wording
  • Automatic creation and submission of A&S work package to XIS
  • Instant SaaS browser access to functionality for easy and rapid adoption

Benefits

  • Can be integrated into a back-office environment
  • Clear unambiguous workflow allows for efficient agreement of statements
  • Standardised forms make processing of statements much simpler
  • Full global 24/7 support
  • Cost-effective
  • Fully supported by Ebix’s renowned team of first-class business and technical experts

eAccounts/A&S

The easiest way to submit Accounting and Settlement data to XIS.

Features

  • Submit A&S, eAccounts and eAccounts2 messages and documents to the IMR
  • Simple workflows
  • Instant SaaS browser access to functionality for easy and rapid adoption
  • Full status monitoring of submissions
  • Optional integration with back-office systems

Benefits

  • Full ACORD structured XML data message plus DRI attachment
  • Front end web-­based workflow available
  • Cost-effective
  • Fully supported by Ebix’s renowned team of first-class business and technical experts
  • Can be integrated to back-office systems

EDI Bureau

Integrate with XIS for the simple retrieval and conversion of EDI Bureau data for downstream processing in your administration systems.

Features

  • Process USM, SCM and BSM messages from Xchanging
  • Retrieve and respond to bureau LORS messages, LIMRIA inwards, LLDUWR response, LIMRIS inwards with signing details
  • Route and transform these messages to the appropriate internal system
  • Transform EDI batch into individual messages
  • Route messages to UI staging area for correction and onward processing to internal systems
  • All messages logged to UI database to maintain full audit of all message communications
  • Instant SaaS browser access to functionality for easy and rapid adoption
  • Also available for in-house deployment

Benefits

  • Cost-effective
  • Easy visibility of message statuses that require manual intervention
  • Straight through processing of EDI messages to back-office systems
  • Minimal manual input, no rekeying of data
  • Fully supported by Ebix’s renowned team of first-class business and technical experts
  • Convenient XML representation of each EDI message

ECF/CLASS

Manage the submission, retrieval, monitoring and alerting for ECF and CLASS with XIS.

Features

  • Brokers submit ECF messages and documents to the IMR and submit/update CLASS in parallel
  • Underwriters retrieve ECF messages from the IMR and manage alerts
  • Simple workflows
  • Instant SaaS browser access to functionality for easy and rapid adoption
  • Full status monitoring of submissions
  • Optional integration

Benefits

  • Full ACORD structured XML data message plus DRI attachments
  • Cost-effective
  • Front end web-­based workflow available
  • Can be integrated to back-office systems
  • Fully supported by Ebix’s renowned team of first-class business and technical experts