Insurance Broking Management Software - Simson Softwares

Reinsurance brokers play an important role in the insurance broking market; they are one of the industry's main pillars. As the market recovers from the long-forgotten impact of Covid 19, the general public has become more aware of the benefits of owning reinsurance policies. This has resulted in increased demand and increased opportunities for the insurance intermediaries industry. The leader is the one who is technologically advanced. To meet the high demand in the market, it is strongly advised to use automated systems, which not only reduce workflow time but also make policy management and renewal more efficient and easier to track. Benefits of Owning a Reinsurance Software: Many brokers nowadays think that making a significant investment in reinsurance software is a complete waste of money. Small brokers, corporate agencies, and numerous IMF think that maintaining an excel spreadsheet is simpler and less expensive than owning an automated system; yet they are unaware of how th...

It is a transitional period for the reinsurance industry. Due to rapid technological advances, reinsurance has become a more efficient form of capital and a risk landscape that is evolving like never before. In order to meet the business management and financial management requirements of brokers, we have developed SARBOnline, a reinsurance broker software . We integrated all the key elements of reinsurance broking into SARBOnline our reinsurance broking management software . In a very user-friendly manner, SARB provides comprehensive management of all reinsurance business processes. The system handles many tasks, such as generating and sending debit notes to brokers, collecting, and remitting funds, settling claims, and analyzing the business. For better analysis and negotiation, it also provided various reports. Besides reminding clients about PPWs, closings, and renewals, SARB also offers a state-of-the-art reminder system. Documents such as DN/CNs, reinsurer balance statements, and...

The reinsurance industry is in a transition phase. Rapid technological changes have made reinsurance a more efficient form of capital and an evolving risk landscape like never before. Therefore, keeping the necessities of brokers in mind, we've developed a reinsurance software solution named SARBOnline. Our reinsurance broking management software  fulfil their business management as well as financial management needs. SARBOnline is a reinsurance software that integrates almost all the key attributes of reinsurance broking. SARB offers comprehensive management of all reinsurance business processes in a very user-friendly manner. It is responsible for generating and sending debit notes to brokers, collecting, and remitting funds, settling claims, analyzing the business on different parameters, etc. Various reports are also provided for better analysis and negotiations. SARB provides a state-of-the-art reminder system for PPWs, closings and renewals. Our software can generate a varie...

Are you in the search of reinsurance broking software solutions for your reinsurance broking firm? Your search is over. Simson Softwares Private Limited provides high-quality and reliable software for reinsurance brokers. Our reinsurance broking software - SARBOnline, which is developed and fully tested by our expert team of developers and testers. SARBOnline is complete ERP solution for reinsurance brokers. We deliver error-free software solutions to our customers. We keep updating our software from time to time. As new technologies came, our software just got easier to use. Our reinsurance software is specially designed to empower brokers and agents with much flexibility and functionality. We developed our software user-friendly according to customer needs. SARBOnline reinsurance broking software  have not only got you rid of your excel work, improves work efficiency, and reduce manpower. Now with the new generation, it has become very easy to use our reinsurance broker s...

Reinsurance is a global line of work of reinsuring insurance policies using various reinsurance broking management solutions such that the direct insurers oversee their risks and also limit their liabilities. Also, it is often seen that the reinsurers usually use reinsurance softwares to manage their own policy risks or to acquire or generate profit by insuring the reinsured policies. This phenomenon is termed as retrocession. In certain geographies, risks can be minimized by proliferating coverage across a wide market. With the commencement of new integrated ILS(Insurance Linked Security) rules, UK has now been pursuing to keep the reinsurance market quite competitive hence, seeking to outrage the others in the world. UK has always tried to be at the forefront of the global reinsurance markets; gratified by the new tax regimes for Insurance Linked Securities. The government believes that the investment income is more likely to rise as the scope of its economy has become quite c...

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 suppo...