Genius – a comprehensive software solution for the Property & Casualty insurance market. Genius supports all major lines of business, including specialist and niche lines, handling multiple classes and complex policies. Across the world of insurance Genius is helping the most demanding organisations handle a wide range of domestic and international insurance programmes. With depth of functionality, stability, and continual enhancement, Genius provides a powerful platform for insurance processing.

1. Xuber Product Fact Sheet
Genius for
Reinsurance
The software solution
for end-to-end processing
of assumed and direct
business in the reinsurance
market from Xuber.

2. Xuber
For forward thinking insurance professionals
Xuber is the trusted provider of unique and
innovative software solutions that improve
performance and enable business growth.
Xuber software solutions are built from over
30 years of insurance industry knowledge
and a workforce of experienced insurance and
software professionals. We have successfully
implemented solutions for over 130 customers
from Lloyd’s and the London Market to Bermuda,
the US and Asia Pacific regions.

3. Genius for Reinsurance is a comprehensive and integrated
software solution designed specifically for the reinsurance
market, providing end-to-end administration for organisations
writing both assumed and direct business.
A comprehensive solution Contract Administration Accounting
Genius for Reinsurance offers comprehensive Genius for Reinsurance caters for all types Accounting provides a comprehensive
functionality to meet the needs of any of assumed reinsurance including treaties cashbook capability, full accounts receivable
reinsurance business delivering benefits at (QS, Surplus, Per Risk Excess, Cat Excess), and accounts payable processing. Genius
every stage of the operating process: facultative and finite risks. Supporting full for Reinsurance allows direct cedent and/
contract lifecycle processing e.g. mid-term or broker billing, and supports accrual
• Name and address administration
adjustments, final premium adjustments, renewals, based accounting e.g. estimate premium
• Searches and online enquiries cancellations etc., the solution enables the processing and adjustable features estimates.
• Workflow administration of reinsurance programs including Both Bordereau and Deposit business is
• ubmission clearance, registration
S the ability to create, bind and renew layers supported and includes establishing estimated
and management managed within a master program contract. transactions, specialized earning patterns, and
adjustments (mid-term and final). Statement
• Quote administration Specific functionality is also provided to
generation and reporting of key accounting
• Contract administration support the processing of adjustable features
information such as aged debt, cashbook and
such as, Profit Commissions, No Claims Bonus,
• Claims administration ledger lists is fully supported.
Sliding Scale, Retro Rated Premium, Additional
• Retro-ceded reinsurance Premiums, Reinstatement Premium, Loss
Management Information
• Accounting Corridors and AAD/Loss Caps.
When coordinating the business and making
• Regulatory reporting Calculations such as earned premium (based strategic decisions regarding future activities
• anagement information and
M on custom actuarial patterns), brokerage it is vital that accurate information is available
data warehousing commissions and ceding commissions can promptly. Genius provides flexible and
be automated for efficiency and improved comprehensive management, operational and
• ntegration with document production utilities
I
data integrity. ad-hoc reporting utilities. Genius for Reinsurance
• Integration with 3rd party applications
incorporates reinsurance based calculations
Claims Administration to support specific business functions such as
Workflow and Task Management earning analysis and triangulations.
Supporting full claim lifecycle processing
Work Queues for underwriting, claims and (from opening a claim to closure), Claims
finance facilitate workflow and surface key Administration supports all claim types including
tasks such as peer reviews, modeling, legal bulk claims, per risk, program and memo. The
reviews, firm orders, binding, claims reviews, work queue provides notification of limit referrals
payment approvals, estimate processing, and payment approvals triggered via configurable
premium processing and final payment security checks and authorisation limits to
authorisations. Genius diary capabilities support the monitoring of both reserves
enable the configuration of appropriate alerts and payments.
and reminders ensuring that the full lifecycle
can be managed. Coverage verification utilities e.g. per risk and
facultative types take full advantage of the
Submission Registration and Quote end-to-end functionality with the ability to refer
Management to information captured earlier in the contract
lifecycle. A sophisticated FGU calculation
Genius for Reinsurance supports full risk ensures accurate apportioning of indemnity
lifecycle processing including submission, reserves and payments across claim layers.
quote, bind and renewal. Submission functionality
includes the ability to accept and register
submissions. Quotes can be issued based
on submission data removing the need to
re-key information.

4. We provide solutions for:
Insurers Reinsurers Brokers MGAs
Xuber for Insurers Xuber for Reinsurers Xuber for Brokers Xuber for MGAs
Iris Iris Brokasure Desktop
Genius Genius for Reinsurance Brokasure Enterprise
Elgar Elgar
For further information on our products
and services, please contact Customer
Solutions on +44 (0)20 3604 3333 or at
team@xuber.com
©Xchanging 2012 Xuber UK Xuber USA Xuber India Xuber Malaysia
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London, EC3A 1AX, UK +1 877 288-3333 +91 (0)78382 43333 50470 Kuala Lumpur, Malaysia
+44 (0)20 3604 3333 team@xuber.com team@xuber.com +91 (0)78382 43333
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