We adopt the international leading SICS products for the NCR system of China Re Group. Combining with the self-developed NE extension system, we can realize the core business processes including customers, contracts, claim settlement, finance, settlement, distribution, transfer, statistical query and so on, supporting the input, storage and analysis of structured business information and establishing a complete workflow and permission management, in order to achieve an effective integration with various auxiliary systems.
NCR is a successfully implemented major project, which is the first core reinsurance system in China to adopt the international leading SICS products. Through more than 100 product feature improvements, it effectively solves the differences between the SICS international products and the business with Chinese characteristics. As an international advanced reinsurance business system, SICS is successful localized in China for the first time. On one hand, it facilitates the integration of the core business system of China Re Group and the international advanced products. On the other hand, it consolidates the industry leadership of China Re in the domestic reinsurance business, which lays a solid foundation for the data standardization.
On March 24, the 2017 Insurance Information Technology Summit was held in Beijing. NCR project group in the reinsurance section of China Re Group was awarded "2017 China Insurance Industry Information Technology Outstanding Project Award".
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