eReinsure.com, Inc., a provider of e-commerce technology to theinsurance and reinsurance industries, has expanded its technologyplatform to deliver four distinct solutions: Providing processcontrol for individual risk placing; enabling automatic rating andbordereaux reporting; supporting compliance for internalreinsurance; and linking systems through XML messaging.

eReinsure Placing is a Web-based application used to manage theplacing of risks.

With the increased emphasis on process controls, eReinsurePlacing ensures consistency and the ability to audit transactions."Since 2001 our placing platform's capabilities have grown withexpanded workflow options and configuration capability," says IgorBest-Devereux, CEO of eReinsure. "The system always has consistedof a series of services for communication and interaction betweenthe parties to a negotiation. As the system has evolved to includegreater functionality, we have been able to deploy these servicesto offer additional solutions."

The eReinsure Automatic rules engine permits brokers andreinsurers to reduce cost and improve service by incorporatingautomatic rating in accordance with pre-agreed terms.

The eReinsure Internal solution can be available in combinationwith the Placing platform or on a stand-alone basis. For insurersthat rely on affiliated companies to reinsure specialized areas ofprograms, ensuring such risks are handled appropriately and in atimely manner is critical. The eReinsure Internal workflow enablescompanies to manage such transactions within an auditable controlframework.

Commenting on the eReinsure Message service, Best-Devereux says,"Our core business remains the 'bridge' between a company and itstrading partners, providing process control and informationmanagement resources. Increasingly, our customers ask us to linkthe eReinsure platform to their systems using the ACORD XMLstandards. The XML messages that are transmitted or receivedeliminate reentry of data with all the associated costs andinaccuracies. Our proven messaging capability offers significantbenefit to customers as this technology is more widely adopted inthe insurance and reinsurance markets."