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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 […]

Importance of Cyber Security in Insurance firms

Cyber security is the practice of protecting computer systems, networks, and data from digital attacks, theft, and damage. Insurance companies hold a wealth of valuable information, including social security numbers, health information, and financial data, making them prime targets for cyber criminals. As insurance firms handle a vast amount of […]

Embrace Triumph: The 5 Vital Strengths ERP’s Offer Insurance Powerhouses in the Competitive Arena

The insurance industry is competitive; Insurance companies must find ways to optimize their operations, increase efficiency, and provide excellent customer service. One way to achieve these goals is through custom software development. In this blog post, we will explore the benefits of custom software development for insurance companies. To conclude, […]