Did You Know?

Our platform is an end-to-end (re)insurance underwriting and reporting ecosystem.

The underwriting ecosystem as it should be.

Leveraging industry-standard technologies like MS Azure, Kubernetes Service, and safe AI solutions, along with flexible setup options, Zenik delivers a tailored solution to meet your unique needs.

OUR PLATFORM

Technology & Security

Frontend & Backend

Kotlin & Spring Boot backend with React/Next.js frontend — modern, scalable, and optimized for performance.

AI Capabilities

Our strategic partnership with EPAM brings domain-specific, cutting edge AI for smarter underwriting and risk insights.

Database

Azure Database for PostgreSQL flexible server, a fully managed database service.

Authentication

oAuth 2.0 via standard auth.js library, current provider Microsoft Entra

Full Math model

Supported by technical documentation embedded in application.

Quality

Clean Code approach, Test Management, CI pipelines, 85% test coverage.

Monitoring

Azure Monitor OpenTelemetry features for monitoring and alerting Resources, Infrastructure, and Application Performance.

DevOps

Secure Sofware Development Lifecycle; Clean Code; OS, library, image, and code vulnerability scans with SonarQube and Azure Defender for Cloud.

Hosting

Current hosting on Azure Kubernetes Service; Helm installation process.

Three System-Setup Options

The deploymet model of Zenik Platform will align to your company size and it will scale as you grow. 

SaaS / PaaS System

Lighter system for Small Insurers and MGAs, hosted on our cloud.​

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On-Prem Software

Complete, either cloud or on-premise hosted system for Large Insurers, Brokers, or Banks.

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Selective Modules

On-premise or cloud hosted and integrated into existing legacy systems.

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Selective Modules Integration Example

With our modular and scalable solutions, we are committed to adapting to the evolving needs of our customers,
ensuring robust support and exceptional flexibility.

Existing / Legacy Systems could integrate with Zenik Modules like:

Partner
Management

Claims
Management

Costing / Pricing Engines

Limit & Exposure Management ​

Approval & Authority Levels​

Licensing Options

Scalable Pricing

License agreement based on scale, usage and/or number of users

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Annualised License Agreement

License agreement paid every year

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Sale of Source Code

Sale of the rights to a version of the source code, operating on premise

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Your security. Our priority.

We always have your security in mind. Rest easy knowing your data is protected with AES 256-bit encryption. Learn more.

3rd-Party Information

By allowing 3rd party services to be accessed through the platform and data from those providers to be uploaded into the system, it enhances the capability of the user through the utilisation and incorporation of diverse data sources.


Referrals & Restrictions

Built in User Authorities and Approval matrices to allow for counter sign off/4 eye review and approval of risks from a single risk and accumulation perspective. The Referral and Restriction (R&R) capabilities allow for the Admin user to implement fine R&R controls and approvals within the system, i.e., costing and pricing parameters, ratings, risk and deal parameters, wordings, etc. 

Reporting Capabilities

By supporting both single and multi-risk transactions tailored for both short-term and long-term engagements across a multitude of Credit and Political Risk insurance products, our system ensures extensive granularity in data capture for risk management reporting and portfolio steering.

Dynamic Reporting Engine

All reports are dynamic and can be customized to focus on various risk segments, including counterparties, countries, products, and industries.
• Built in search, sorting and accumulation reporting
• Raw data downloadable into Excel

Power BI and Transferable Dashboard Capabilities

Point in time exposure management, limit utilisation, expected loss, and shortfall on fixed and amortised exposures

Core Reports

• Exposure and Aggregation
• Limit Utilisation
• Costing and Pricing Parameters
• Premium Development
• Planning and Budgeting

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