Reinsurance

Embrace The Rise Of Digitisation

And Deliver Operational Excellence

100% 30+ 100%

Referenceable Years Supporting Successful
Customer Base Reinsurers Implementations
Empowering Your Decisions
In The New Digital Age
Reinsurers face the challenges of achieving operational efficiency and growth in the face of regulatory change and
economic uncertainty. Synergy2 is Eurobase’s market-leading reinsurance platform, delivering modern technology
and automated processes to allow our customers to focus on their business goals. Synergy2 embraces emerging
technologies in an ecosystem that delivers performance, agility and efficiency in a single end-to-end platform.

Outperform The Competition Make Better Decisions

Built on modern and scalable technology, Synergy2 captures detailed information,
Synergy2 offers 24/7 reliability, real-time whether via digital messaging,
analytics and approval performance. A documentation, or directly captured,
single view of the truth is shared between which, coupled with real-time data
roles allowing actions and decisions to be analytics, enables informed decision
taken. making.

Manage Risk Digitise Your Operations

Information is shared with Synergy2, Synergy2 is leading the market in digital
different roles can collaborate to messaging and emerging technologies.
understand and mitigate risks. Insight Artificial Intelligence and Machine
is gained from easy-to-use and fully Learning are harnessed to add value while
configurable reports and real-time Ruschlikon and ACORD messages are
dashboards, highlighting key performance seamlessly integrated into the Synergy2
indicators to help react to market changes. workflow.

Automate Your Processes Realise Cost Efficiencies

Delivering a straight-through-processing Through a reduction in re-keying, support
experience and removing unnecessary for ACORD messages, and comprehensive
delay means Synergy2 can minimise interfaces, Synergy2 minimises low-value
friction for underwriters and claims work and enables teams to focus on their
managers while maintaining world-class priorities, streamline operations and share
governance and compliance. data with the value-chain.
A Powerful Reinsurance Solution To Collect,
Contextualise & Analyse Your Data
Synergy2 is a modern, digital, end-to-end platform that supports the complexities of reinsurance, specialty lines,
and London Market operations. The system benefits from being a release-based platform with the ability to be
configured to meet each organisation’s requirements.

Synergy2 implements the digitalisation of data with the ability to consume policy, claims, accounting data from
ACORD messaging, web services, bordereaux and file-based sources. Other enterprise products including pricing
& rating platforms, catastrophe modelling, and actuarial reserving systems are integrated through extensive API
support.

Sources of information are validated and shared with underwriting, claims, and retrocession via a sophisticated
workflow. Synergy2’s fully integrated document management and customer relationship management (CRM)
systems support the policy lifecycle, which is underpinned with a detailed multi-currency technical accounting
module. Synergy2 drives a direct relationship between the information held throughout the system including
all financial transactions. As a result, Synergy2 delivers processing efficiency and data with integrity into its
comprehensive analytics and management reporting modules.

Synergy2 is built on a cloud-ready, modern, Microsoft platform that presents a clear and easy-to-use web front-
end, supported by global hosting solutions and managed services where required. Our scalable infrastructure
allows our customers to grow internationally and still share a single source of the truth.

UNDERWRITING CLAIMS REINSURANCE ACCOUNTING ANALYTICS

Treaty & First Notification Treaty & Technical Accounting

Real-Time
Facultative of Loss Facultative Automation

Submission Quote Full Movement Proportional &

Credit Control Data Mining
& Bind History Non-Proportional

Automated Financial
Workflow Multi-Currency Reporting
Recoverables Rules Engine

Sections & Compliance &

Subrogation ILS Customisable
Programmes Reporting
A Digital Hub
Embracing The Future ACORD IOT

The data connector framework for Synergy2 allows

the platform to incorporate best-of-breed technology STANDARDS BIG DATA
MULTI-COMPANY
partners to deliver a futureproof ecosystem.

POLICY
IOT = Internet of Things ADMIN
NLP = Natural Language Processing MESSAGE RATINGS
GATEWAY
ICR = Intelligent Character Recognition RUSCHLIKON ANALYTICS

OCR = Optical Character Recognition BUSINESS

ILS INTELLIGENCE
AI = Artificial Intelligence FUND
MI = Machine Learning

MULTI-LINGUAL

MULTI-TAXES
RPA = Robotic Processing Automation
DOCUMENT
AML = Anti-Money Laundering GOVERNANCE &
MANAGEMENT
ABC

COMPLIANCE
KYC = Know Your Customer

AML / KYC
NLP
INTEGRATION
GENERAL FRAMEWORK
LEDGER

AGENT CRM
PORTAL
WORKFLOW
MANAGEMENT

REGULATION ICR / OCR

MULTI-CURRENCY

PORTALS AI / ML

RPA
 Analytics Regulation AI / ML AML / KYC
Synergy2 offers extensive and Synergy2 is well placed to support Synergy2 exposes data to AI and ML Synergy2 can support the ability
extendable, self-service dashboards regulatory reports through the full algorithms to forecast, determine to lookup business partners online
providing management insight. end-to-end technical accounting patterns and analyse data. across multiple criteria providing
module. on-demand assurance of identity and
Dashboards offer real-time drill-down Examples include interpreting
credit worthiness.
and drill-through capability based on Synergy2 provides reliable and up-to- unstructured data, intelligently
a single-version-of-the-truth. date information for reports such as displaying user preference information Includes real-time Credit Control,
Solvency II, IFRS17, and IFRS9. and provide analytic insight. Fraud and Sanctions Checking.

Standards Portals RPA Big Data

Eurobase is an accredited ACORD Powerful and flexible portals are Synergy2 can integrate with RPA Synergy2, with its open architecture,
Licenced Integrator Partner integrated through Synergy2’s providers to automate processes web services and API’s ensures we
supporting all major gateways. comprehensive web services and through a combination of logical and can accelerate big data strategies
Synergy2 can fully integrate with the API’s. machine learning rules. Synergy2 maintains a central data
ACORD standards. Portals can be used for submission, Synergy2 escalates automatically to store that provides a single-version-
broker, and claims management or specialist administrators when data is of-the-truth from external data
integrated to other existing enterprise inconclusive. custodians and other data enterprises.
portals.

Ruschlikon NLP ICR / OCR IOT

Synergy supports digital messages for Synergy2 can interpret unstructured Synergy2 can support the take on Synergy2 has the capabilities to
accounting, claims and is committed text into actionable insight and of data extracted through these integrate with external data sources
to the ePlacing initiative when automated data-entry. recognition tools to interpret data for to provide real-time data from third-
released. activities such as enrichment, data parties.
Synergy2’s NLP interface intelligently
quality and migration.
Eurobase is an active Ruschlikon extracts data from emails, IOT data can be used to automatically
vendor remaining compliant with all attachments and complex document Data extracted through these update underwriting and claims
the latest standards. formats. recognition tools is transformed into data and triggers notifications and
useful data through NLP. workflows.
A Reliable Strategic Partner To Help
Drive Your Business Forward
Selecting a solution is more than the technology
Alongside our market-leading solutions, we focus on generating mutually beneficial relationships, underpinned
by unrivalled market expertise and a business culture aimed to support and build long-lasting strategic
partnerships.

Long-Lasting Partnerships 100% Implementation Success

Our reliability and well-known personal Eurobase is proud of our 100% project
approach have helped secure long-term implementation success rate, which is
trust in our solutions and expertise among reflected in the breadth of our customer
our customers. references.

Dedicated Support Reinsurance Expertise

With an established worldwide network of Eurobase has specialised in supporting
customers and dedicated partners, we are reinsurers for over 30 years. Our team is
well-positioned to support your business made up of specialists with many years of
wherever your operations are. industry experience, who will be delighted
to have conversations tailored to your needs.
About eurobase

Eurobase is a leading international software and services provider of insurance solutions. Established in 1988 and
with customers in over 25 countries, we have gained extensive knowledge of the (re)insurance markets. Our aim is
to be recognised as thought leaders in the sectors we operate, and to deliver innovative solutions that provide real
business value to our customers. We pride ourselves on our personal approach, ensuring we deliver the support
and flexibility our customers need and the service they expect. Our customers have long and lasting partnerships
with Eurobase and all will verify our approach to doing business and commitment to product investment - delivering
ongoing value above and beyond our initial engagements.

Discover more at eurobase.com

Follow us @eurobase