Welcome to the PRORIS Cockpit

THE COMPANY INVEOSPRORIS – Professional Reinsurance Information System

operational since 1992

• The Company Inveos• PRORIS Overview• The Reinsurance Cockpit• Estimation and Prognosis Module

CONTENT

May 3, 2023 Slide 2PRORIS Management Overview

PRORIS – REINSURANCE INFORMATION SYSTEM

PRORIS Management Overview

• founded in 1979 as Hanse Orga GmbH– Amended to CTH Consult TEAM Hamburg 1990– Amended to Inveos in 2000

• Revenues: 2008 : > 6,3 m €, 2009: > 4,0 m €, 2010: > 4,0 m €• main focus in branches Reinsurance & Leasing• 31 employees (plus free lancers depending on the order situation)

– Reinsurance-/ leasing-experts– IT-experts with established vertical knowledge– Several partnerships concerning reinsurance matters (PRS,

Consurance, bit, Netsure,….)• International project management for reinsurance and insurance

companies

THE COMPANY INVEOS

May 3, 2023 Slide 3



• Pohjola

THE COMPANY INVEOS - OUR CLIENTS (EXTRACT)

May 3, 2023 Folie 4


• Coface Deutschland AG• DEVK• Deutsche Rückversicherungs AG• Feuersozietät Berlin Brandenburg• Hamburger Internationale

Rückversicherung• Hannover Re / Hannover Life Re• HDI Service AG• Protection Reinsurance

Intermediaries AG• SOVAG• Verband Öffentlicher Versicherer• Vereinigte Haftpflichtversicherung

V.a.G.• Westfälische Provinzial• Würzburger Versicherungs-AG

data2map.at

VAT

UKR

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TUNSYR

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SWE

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RUS

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PRT

POL

NOR

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MRT

MKDMNE

MDA

MCO

MAR

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LVA

LUX

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LIE

LBN

KAZ

KWT

KOS

JOR

JEY

ITA

ISL

IRN

IRQ

ISR

IRL

HUN

HRV

GRC

GGY

GIB

GEO

GBR

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FIN

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DEUCZE

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CHE

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ARMALB

AND


• Deutsche Rückversicherungs AG Switzerland

• Echo Re• Hochrhein Rückversicherungs AG

(AXA LM)• Interkantonaler

Rückversicherungsverband• Nationale Suisse• Schweizerische Mobiliar AG• UNIQA Re

THE COMPANY INVEOS - OUR CLIENTS (EXTRACT)

May 3, 2023 Folie 5


• Grazer Wechselseitige• Niederösterreichische• UNIQA• VAV Versicherungs

Aktiengesellschaft

• SOVAG London, Great Britain• UNIQA Biztositó, Hungary• HDI Re, Dublin

data2map.at

VAT

UKR

TUR

TUNSYR

SMR

SVK

SVN

SWE

SAU

RUS

ROU

PRT

POL

NOR

NLD

MLT

MRT

MKDMNE

MDA

MCO

MAR

LBY

LVA

LUX

LTU

LIE

LBN

KAZ

KWT

KOS

JOR

JEY

ITA

ISL

IRN

IRQ

ISR

IRL

HUNHRV

GRC

GGY

GIB

GEO

GBR

FRA

FIN

ESP

ESH

EGY

EST

DZA

DNK

DEUCZE

CYP

SCG

CHE

BLR

BGR

BEL

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AUT

ARMALBAND

PRORIS - OVERVIEW


PRORIS OVERVIEW – EMBEDDED IN THE RI LANDSCAPE

May 3, 2023 Slide 7

Direct insurance business - Policy / Loss administration Assumed RI business

Automatic Interface

PRORISRI-SystemGL Current

Account

Automatic / Manual

Automatic

Direct Insurance System(s) Cedent / Broker

Automatic

electronic data exchange interface /accounting documents

Reinsurer / Retrocessionaire / Broker

standard (customizable) interface for planningand analysis systems

interface (customizable) reinsurer / retrocessionaire / broker

Data Warehouse / BI-System

RI administration system with automatic interfaces to GL andcurrent account

RI-Server / data exchange interface / manual interface for treaty / loss / accounting data

PRORIS components

Third party (systems)

PRORIS component / external system



PRORIS OVERVIEW – BASIS SYSTEM AND COMPONENTS

May 3, 2023 Slide 8

PRORIS base

system obligatory

RI

facultative / single

risk based RI base

company administrati

on

data warehous

e/ report

generator

payments + open itemsestimatio

n- / forecast-system

tracing of business

transactions

RI-server

reinsurance Cockpit



PRORIS OVERVIEW – BASE SYSTEM AND COMPONENTS

May 3, 2023 Slide 9

GeneralFunctionality

PRORISLossAdministration

ContractAdministration

PartnerAdministration

RI-Account

System administration

FacultativeBusiness

Statistics /Reports

AccountAssumedBusiness

Customizing

Report Generator /

Data Warehouse

Interfaces

Data Exchange

Basic applications

Supporting functions



PRORIS OVERVIEW - HIGHLIGHTS

May 3, 2023 Slide 10


An administration and information system which covers the whole reinsurance process

Full data transparency and security thanks to the availability of all data and figures of the whole company, the history etc. at any time

Fully automatic direct insurance interface for all relevant reinsurance transactions of portfolio/claims handling and accounting

Automatic support for Fast Close/Hard Close on the basis of international accounting standards (IFRS, IAS and US-GAAP)

Administration of all types of direct and ceded reinsurance and the obligatory, facultative proportional and non-proportional business





Automatic calculation of all contractually agreed conditions Loss administration and automatic loss accounts Integrated analysis system with all known types of reinsurance

statistics such as calendar year, occurrence year, run-off statistics and a run-off triangle according to various selection criteria

Integrated current account Estimation and forecast system, results can be visualized via the

statistics system Following up transactions Multi mandatory capability – any number of companies may be

administered in one PRORIS system Multi-language support (German, English, French, further languages on

request) Multi-currency support Easy handling and customizing





Standard reporting and any report-generator or tool which is able to work with RDBMS may be connected to the PRORIS database

Standardized interfaces are available and data warehouse solutions of any producer can be linked to PRORIS

Interfaces to GL / current account, financial accounting and to the MS-products are available

PRORIS communicates: in direct insurance to find reinsurance, with financial accounting to transfer the data accounted in PRORIS, with reinsurance partners, the cedents, reinsurers or reinsurance brokers – in both directions

Migration knowledge is well-established due to many migration projects

PRORIS, the professional reinsurance information system for assumed and ceded reinsurance used by the insurance company, the professional reinsurer, the reinsurance captive, captive management company or reinsurance broker is well established throughout Europe and provides you with this basis.

REINSURANCE COCKPIT


• Inveos has developed a reinsurance cockpit prototype using the BI system Qlikview ® and will continue expanding the functionality of the reinsurance cockpit

• Headlines – easy to use and easy to learn– googlelike search functionality– information always available: on iPhone, Ipad, Android, Blackberry– comprehensive security concept– simple application system: comprehensive dashboards for

measurement, supervision and provision

REINSURANCE COCKPIT (NEW ESTABLISHED)




REINSURANCE COCKPIT - SCREENSHOTS



ESTIMATION AND PROGNOSIS MODULE


• Overview

ESTIMATION AND PROGNOSIS MODULE



postings of closed balance years and curent postings

estimations of the previous balance year

delta-postings

calculated estimations /

prognosis for the following year

Initialize estimation phase

delta = estimation – actual

generate delta postings for the estimation yearr

manual editing -work on the data of the estimation year on the detail level –work on data for the prognosis on portfolio segment level

Your PRORIS Advantages:

PRORIS supports all types of reinsurance

PRORIS is scalable and thus suitable for any size of company

PRORIS is flexible and individually adjustable – without programming

PRORIS offers integrated reporting

PRORIS supports your business from the contract, through loss and accounting to reporting

Contact: [email protected] / www.inveos.com

Documents

Welcome to the PRORIS Cockpit