ICON

general ledger

Treaty setups in reinsurance blog post cover image

Treaty Setups in Reinsurance: Enhancing Efficiency with ERP Solutions

Treaty reinsurance is insurance purchased by an insurance company from another insurer. The company that issues the insurance is called the cedent, who passes on all the risks of a specific class of policies to the purchasing company, which is the reinsurer. Treaty reinsurance is one of the three main types of reinsurance contracts. […]

Lawrence Kweyu- Software Developer from ICON limited

The Value of an ERP Solution’s General Ledger Module

Organizations in a variety of industries are increasingly using enterprise resource planning (ERP) systems to improve decision-making, improve efficiency, and streamline operations in the rapidly shifting business landscape of today. The General Ledger module is an important component of an enterprise resource planning (ERP) system, acting as a basis for […]