The purpose of the Platform is to streamline and automate the (re)insurance business.
Designed for the market, by the market.
At its heart, the Zenik Ecosystem is an administrative platform and a costing engine for Credit & Political Risks with modular components for data input, work flow & deal flow management, exposure and accumulation as well as reporting and analytical services.
The Zenik system addresses critical challenges identified by the market, including regulatory oversight, fragmented systems, and outdated processes. These limitations hinder the credit and political risk insurance market from staying competitive and realizing its full potential.
We deliver a configurable, out-of-the-box, end-to-end solution for stakeholders offering or utilizing Credit and Political Risk Insurance.
Reducing integration points and simplifying the IT landscape, there is the potential to save money and accelerate change management.
Portfolio re-costing capabilities enable real-time financial adjustments, reflecting current client, market and economic changes.
Users can request, set, monitor, and modify limits while dynamically assessing the impact of new exposures in real time.
A unified platform for managing both single- and multi-risk deals, ensuring consistent user experience and harmonious operation.
Automates and streamlines approval workflows and referral escalations, ensuring that underwriting decisions adhere to predefined authority limits.
All data stored dynamically in one system, eliminating the need for data reconciliation and ensuring data integrity and accuracy.
Extensive administrative controls, with flexible, and user friendly built in configuration, reducing the need for coded configurations.
Enables seamless integration with market-leading portals and solutions, allowing insurers to connect with brokers, reinsurers, regulatory systems, and third-party data providers.
Advanced Analytics and Reporting provide deep insights into exposure management, portfolio steering, and future forecasting.
The hosting model of Zenik Platform will align to your company size and it will scale as you grow.
Lighter system for Small Insurers and MGAs, hosted on our cloud.
Complete, either cloud or on-premise hosted system for Large Insurers, Brokers, or Banks.
On-premise or cloud hosted and integrated into existing legacy systems.
Its built by (Re)Insurance veterans and seasoned developers with firsthand experience in the Credit and Political Risk Insurance market. We understand the nuances of this business.
Deep insights and hands-on experience used to design the solution together with the development team.
Timely and cost-efficient integration and configuration to existing systems was a primary consideration throughout the system design and build.
We always have your security in mind. As an ISO 27001 certified company we established asecure development process to build a solution that will protect your data and privacy.