Differentiators

Single, Integrated, Global Solution – SICS offers a single, highly flexible platform that centralizes and streamlines reinsurance for large global companies as well as it does for small firms. It supports multiple languages and multiple currencies. It works as seamlessly in Africa, Asia and Latin America as it does in Europe or the U.S.

Supports All Functions, All Lines of Business – SICS supports all reinsurance functions (Underwriting, Accounting, Claims, Reporting, Security, Partners), as well as all lines of business (Property and Casualty, Life, Global Risks, Cede and Multi-GAAP.)

Open Architecture – We have opened up our SICS architecture to allow 3rd party product developers to make their products fully compatible and functional within the SICS platform. To some degree, SICS functions like an “open-source” software program in which various experts are free to continually identify and root out defects to improve the reliability and performance. This enables the software packages reinsurers may have already purchased to integrate easily with SICS.

Prepackaged Templates Enable Rapid Product Launches – The reinsurance business is dependent upon highly complex financial calculations. SICS has established prepackaged templates to allow reinsurers to design and launch new financial products to exploit narrow windows of opportunity in the rapidly changing reinsurance market – without the need to write complex code.

Reduces Complexity, Risk – Because SICS provides a central view of a reinsurer’s business, it allows the reinsurer to analyze business operations to identify and manage risk. SICS produces fast, accurate reports with detailed drill-down capabilities to examine specific data and enable rapid, informed decision-making.

CSC Experience – As the world’s largest provider of reinsurance, we have been providing reinsurance software solutions for more than 30 years. As an industry-leading systems integrator, we also offer extensive experience migrating customers from their old systems to SICS in a manner that is seamless to their business operations.