Reinsurance Software for the Digital Age
Synergy2 for reinsurance covers the full end-to-end lifecycle for underwriting, claims, retrocession and accounting. Emerging technologies such as AI & ML, in addition to data analytics, are all embraced in an ecosystem that delivers performance, agility and efficiency.
Empower Decision-Making Through Real-Time Analytics & Management Information
- Synergy2 allows information from across the lifecycle to be analysed and shared through a fully customisable data analytics suite.
- KPIs with complete drill-down capability delivering real-time information for the boardroom and all business departments.
- Automate the creation and presentation of data across the business with drag-and-drop capability.
Improve Operational Efficiency Through Business Automation
- Capture your key controls across the lifecycle, such as underwriting guidelines and claims authority limits, in a powerful yet flexible workflow.
- Pass data seamlessly across the organisation while still enforcing segregation of duties.
- Automate data capture and improve the quality of information across the business.
Gain an Edge with a Best-of-Breed InsurTech Ecosystem
- Integrate with business partners using digital messaging to speed up the accounting, binding and claims processes.
- Exploit new technologies to gain a competitive edge in a market that is accelerating towards high-speed, high-detail transactions.
- Embrace emerging technologies such as Artificial Intelligence and Machine Learning to automate business processes.
A Powerful Reinsurance Solution to Collect, Contextualise & Analyse Your Data
End-to-end capability across treaty and facultative business. Synergy2 supports the full policy lifecycle of quote, bind & renew, and claims management.
Integrated retrocession that optimises returns across complex programmes. Synergy2 supports Proportional and Non-Proportional Treaty and Fac.
Visually display KPI’s and provide full drill-down capability, ensuring fingertip control across all operations.
Detailed technical accounting underpins AP/AR processing with intelligent cash matching and bank account reconciliation.
Share information with your enterprise and business partners through Synergy2's RESTful web services.
Benefit from improved operational efficiency through a solution which supports digital messaging.
Working With Reinsurers To Build Strong & Long-Lasting Partnerships
Synergy2 delivered a number of operational efficiencies. An important improvement was the reduction of processing time of many activities in different areas, including policy administration, claims handling and accounting management.
Eurobase is pleased to announce that Korean Re Switzerland, Korean Re's newly established European reinsurance subsidiary, has gone live with Synergy2, a leading reinsurance platform for global reinsurers.
Due to the necessity of migrating data from multiple sources and applications, Farm Mutual Re identified the importance of building a strategic partnership with a solution provider who had particular and extensive reinsurance expertise and with whom they could build a long-term strategic relationship.
Easy Engagement From Our First Conversation
Meet with us
Arrange a call with the Synergy2 team, come and meet us, discuss your issues and thoughts.
Work with us
Lets get our teams together and look at how we can help overcome your challenges and identify the highest risk vs the quickest wins.
Onboard with us
We’ll work with you and any of your chosen 3rd parties to improve your performance and regain control using our cloud-based platform.
How We Work
Frequently Asked Questions
Eurobase stands out as the premier choice for your reinsurance software needs, offering a multitude of compelling reasons to partner with us:
30+ Years of Expertise:
With a legacy spanning over three decades, Eurobase excels in delivering innovative solutions honed by experience.
Specialising in reinsurance, we provide solutions finely tuned to the industry's nuances, challenges and opportunities.
100% Implementation Success:
Our track record speaks for itself - every project achieves successful outcomes backed up by our fully referenceable customer base.
Operating in 25+ countries, we bring a global perspective to deliver solutions aligned with diverse market needs.
Our UK-based dedicated support team is readily available to address your queries, resolve issues, and provide ongoing guidance. This commitment to customer satisfaction is an integral part of our ethos.
From Bluechip to SMEs and startups, our adaptable solutions cater to businesses of all sizes and stages.
Partnering with Eurobase means accessing decades of experience, specialised knowledge, and unwavering commitment, empowering you to navigate the reinsurance landscape with confidence.
Eurobase is committed to delivering exceptional service, robust support, and ongoing product investment for our clients. Our dedicated UK-based customer support team is readily available to address queries and provide guidance. We continually enhance our reinsurance software based on industry trends and client feedback. Our roadmap includes regular updates, feature enhancements, and compatibility improvements, ensuring that Synergy2 evolves alongside your evolving needs.
Synergy2 offers flexible hosting options tailored to your preferences and security requirements.
We offer Microsoft AZURE cloud hosting, we can also work with your existing cloud providers or deliver on-premise if required.
Our experts guide you in selecting the ideal hosting solution based on your unique operational environment.
Incorporating reinsurance software like Synergy2 elevates your reinsurance operations, enhancing efficiency and competitiveness in the ever-changing insurance landscape. Explore our solutions to experience firsthand the transformative power of advanced reinsurance management software.
The implementation timeline for Synergy2 varies and is based on several factors, including the complexity of your organisation's needs, existing infrastructure, data migration, quality of data and the availability of client resources. Typically, implementations range from 4 to 8 months, a timeframe carefully chosen to ensure both thorough integration and optimal performance.
During the pre-sales phase, you'll become acquainted with your dedicated Synergy2 implementation team, who will remain closely involved throughout the process. This early introduction allows the team to gain a deep understanding of your specific needs, paving the way for a collaborative partnership. This proactive engagement facilitates a seamless implementation, ultimately delivering the desired outcomes in a timely manner.
A reinsurance system should offer a number of advantages, such as processing facultative and treaty, assumed and ceded, proportional and non-proportional in a single application. It should deliver precise risk evaluation, allowing for optimal coverage and informed business decisions. The benefits include improved risk management, minimised claims leakage, enhanced underwriting accuracy, and streamlined operations. Additionally, it fosters seamless collaboration between insurers and reinsurers, facilitating effective communication and data exchange.
Reinsurance software, like Synergy2, is designed to optimise and streamline processing within a reinsurance carrier. It empowers companies to manage risk effectively by facilitating the transfer of liability to other insurers. This results in reduced exposure and enhanced profitability. Reinsurance software solutions automate tasks related to policy administration, risk assessment, claims handling, and financial reconciliation, ensuring accuracy and transparency in operations.
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