Reinsurance is a core JE strength. Our senior consultants have decades of experience in the global and London Market sector. As the market evolves – from ever more sophisticated modelling and pricing techniques, new structured finance products and an increased reliance on data, integration and automation – companies need to innovate more than ever.

Our unique blend of technological and business expertise means our clients can be assured of our professionalism and subject matter knowledge, and benefit from our unwavering commitment to delivering high quality business solutions. Investment in strong client relationships ensures top-level support through and beyond the life-cycle of projects.

"The advent of our new line of business application, SICS, was a challenging undertaking and we were fortunate to have the expertise of JEC for our digital transformation."

Two year project ensured full compliance and maximised capacity within new infrastructure landscape. Client data from seven systems was successfully migrated into one.

Transformation into a cloud-based solution involving migration of contracts, claims and accounts and modelling of reviewed core processes. Clients can now automatically transfer contracts to their banking partner.

Solution-driven approach resulted in developing a bespoke product to automate daily processes and quarter end whilst providing better transparency and improved error-handling.

Successful Fold-in of an Accident and Health Book of Business

What did our client achieve with this?

To increase the efficiency of contract management, accounting handling and claims processing, this top 10 global reinsurer engaged Jean Edwards to manage the fold-in of the Accident and Health reinsurance books into the company’s main business process. This integration included business process definition, data migration and roll out across three continents.

  • Optimisation and streamlining of the underwriting process
  • Data migration of three legacy systems into the world-leading reinsurance application, SICS
  • Supporting the transition through the provision of training and full post-implementation support
  • On schedule system implementation and delivery in a heterogeneous system landscape
  • Confidence and efficiency for users delivered through the implementation of a test automation solution to meet complex test requirements

Document Extraction, Ingestion and Automatic Updates

We noticed that a typical bottleneck, and significant cost, for many of our clients comes at the point of manual data entry. So much of today’s reinsurance still starts with a document. Jean Edwards developed their own solution to this problem; the Alpha platform.

Alpha’s AI helps to read, understand and automate document processing – including pushing records to or updating any line of business system, directly from the Alpha user interface. Alpha can read slips, claims and accounting documents and integrate with any other business process – or drive them with AlphaTasks, a richly featured task manager which can manage and model complex businesses workflows.

Leading English Bank Integration Implementation

The digital transformation that has reshaped financial institutions in the last decade or so has led to a rapidly growing number of new regulatory requirements. Existing IT landscapes are often inadequate or inefficient at meeting the growing demands for more financial and complex risk exposure reports. This is made more difficult by multiple outdated interfaces and siloed data storage that hinders as much as enables the required flexibility.

That’s why a leading English bank decided to work together with Jean Edwards Consulting on the integration and reporting of financial data across multiple applications. Thanks to the multi-layered approach powered by JE’s ABLE engine, the bank’s IT department is now in a position to efficiently implement changes across their landscape.