Simson’s SAIBAOnline Solution with Advanced Technology - A Comprehensive Insurance Brokers Software in India

In today’s rapidly evolving market, the increasing demands of clients require innovative solutions. Insurance brokers software in India has been developed as a game changer to address these needs effectively. This advanced software simplifies complex tasks, streamlining operations for brokers. It not only enhances productivity but also focuses on building and maintaining strong, lasting relationships with clients. With its user-friendly interface and comprehensive features, this software is designed to empower insurance brokers and help them stay ahead in a competitive industry. One of the key advantages of software for insurance brokers in India is its ability to centralize and simplify processes. Managing policies, claims, renewals, and regulatory requirements can be daunting without a structured system. Advanced software solutions provide a unified platform that allows brokers to oversee every aspect of their operations seamlessly. From tracking client portfolios to automating remi...

SARB - Reinsurance Broking Management Software

Our Software for Reinsurance Brokers “SARB” created its place in reinsurance broking Industry in India. SARB caters the needs of reinsurance brokers for their business management and analysis needs for Facultative and Treaty Business. We are proud to say that SARB is the leading reinsurance software product in India. Few of our clients who are using SARB are: ACE, Howden, Aditya Birla, Reliance, Pioneer in India, ARB-Morocco, Premier Hong Kong, Protection Bahrain are the few clients who are using this software.

SARB covers almost all aspects of Re-Insurance broking industry. The vision of the software is to provide assistance to re-insurance brokers in information management, back office management and business management needs. The aim of SARB Online is to provide comprehensive management of re-insurance broking business. SARB contains all the activities of an re-insurance brokers, which helps in retaining the existing business by providing handful information and support to their customers as well as supports in getting the new business.

This software is broadly divided into 5 major modules. Details of Modules are:
·         Admin Area
·         Business Intelligence
·         Facultative
o   CARM
o   Slip Management
o   Business Management
o   Claims Management
·         Treaty
o   CARM
o   Slip Management
o   Proportional Treaty
o   Non-Proportional Treaty
·         SiFAMs
o   Multi-currency financial accounting management system

SARB Modules : Facultative

· Comprehensive management of both proportional and non-proportional (XL) facultative business.
· Generating slips based on pre-defined templates for each class and sub class of business
· Automated emails to selected reinsurer/brokers for quotation requests.
· All closings and cover notes generation from system through predefined templates and manuals.
· Full business process and claims management for both proportional and non-proportional facultative business
· Various analytical and graphical reports in business currency, US Dollar and in your own currency
· Electronic document management for all process documents and emails.
· State of the art reminder process for various stages and points.

SARB Modules : Treaty

· Comprehensive management of proportional XL treaties
· Generating slips based on pre-defined templates for each class and sub class of treaties
·  Automated emails to selected reinsurer/brokers for quotation requests
· Simplified system generated closings and periodical statements for reinsurer/placing brokers
· Full business process, claims and cash loss management for both proportional and non-proportional Treaties
· Various analytical and graphical reports
· Track of all collections and remittance.
· System generated reminders for statements, renewals and settlement of treaty accounts.

Our Expertise: Technologies

· SARB has been build using Microsoft dotNet Framework 4.0 technologies using C#
· Microsoft SQL Server 2008 is being used as database in all of our applications, which is one of the most trusted database in the world.
· SAP Crystal Report 2008 is being used for reporting in SATA applications which helps in making more versatile reports for user.

XML is also being used in Business Intelligence section to generate various reports.

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