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Global (excl. USA) Reinsurance System ('ARROWS')

Aon Re

London (Financial City), Great Britain

Global Reinsurance system


- Code named: “ARROWS”, Aon Re Rest of the World System;

- CRM;

- Broking (Facultative/Treaty/Proportional/Non Prop);

- Premium/Claim advicing;

- cash reconciliation;

- 3rd party financial interface (technical ledger);

- work flow engine;

- legal document production, delivery & tracking.

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Summary


Creation of a global Reinsurance system with an international team of consultants in the London financial City, UK (minories 15, London).


Introduction


Aon - the largest Reinsurance broker in the world - invited our company to participate in the production of a global (except USA) Reinsurance system. An international team of 12 people (from Madrid (Spain), London (Great Britain), Amsterdam (the Nethelands) including consultants from our company were set up in the London City  to design and build the system, codename ‘ARROWS (Aon Re Rest of the World System).


System Description


Based in the London City we designed and created the modules for Reinsurance contract broking, Invoicing (Technical Module) and cash reconciliation (journalizing). Interfaces to 3rd party general ledgers were also included for local needs (for local offices using different accounting systems). Also a document production module was ceated.


The system was succesfully rolled out to a number of countries in Europe, the Middle East, Africa and Asia.


The first implementation (with Aon Re in Amsterdam) was conducted by consultants from our company. We created conversion scripts to convert the legacy reinsurance data present in their legacy system into ARROWS. Also data coming from the company Bloemers (just) acquired by Aon Re Netherlands was converted into the ARROWS system by our Staff. This was a higly challenging yet very succesful operation.


The System has been succesfully used for years by Aon Staff world wide.


Project & System Details


Clients Location:        

London Financial City, UK (15 Minories)

Project Base:

London, UK

Hardware Location:

Offices/Hubs World Wide

Database:

FoxBase/Oracle

Coverage Area:

World Wide (Except USA)



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