Credit Insurer Challenges
Many Credit Insurers and ECAs are behind on their path to digital transformation.
Manage outdated legacy systems
Support the growth of the business
Better manage operating costs
Provide a dedicated online service
Implement new processes to improve old processes
Increase market penetration
Credit Insurance Solution for Insurers
The Tinubu® Credit Insurance Suite (Tinubu® CIS) is a full end-to-end SaaS solution to manage Short-Term, Medium & Long-Term and Political Risk Credit Insurance. It allows credit insurers to oversee the lifecycle of their products, from commercial and risk underwriting to claims payment. With Tinubu® CIS, you can handle all lines of products, including specific local market products with specific modules. Our solution offers a high level of automation that integrates within clients’ existing IT architecture. The automated processes allow reduction of turnaround time to insurers and brokers. Online portals are available for both brokers and policy holders. Tinubu® CIS is offered as an all-in-one turnkey solution or can be designed end-to-end to each carriers' specifications.
Benefits of Tinubu® CIS
Discover what Tinubu® Credit Insurance Suite can do to mitigate risk.
Reduce your operating costs while optimizing your loss ratios
Compliance with the latest technologies
Compliance with security requirements
Reduce costs through high level of automation
Provide the best customer experience
Grow your customer base
Reduce time to market of new offering
Key Features of Tinubu® CIS
This Administration module manages your customer and partner profiles while allowing you to create and administer insurance products.
- Management of user authority and profiles
- Administration of insurance products
- Teams task management
The commercial Underwriting module enables you to manage the commercial process through a comprehensive quote builder feature.
- End-to-end policy lifecycle management
- Policy document issuance and eSignature
- Calculation of premium, fees and taxes
The policyholder & Broker Portals module permits to submit a business proposal, accept offers and act on policyholders’ behalf.
- Request credit limit or transaction coverage and receive decisions
- Declare turnover, overdues and claims
- Online buyer search and identification
The Risk Underwriting module offers professional risk underwriting capabilities including risk assessment and risk monitoring.
- Assess and decide on credit limit and guarantee
- Risk subject assessment with possible automatic scoring and decision
- Exposure management with buyer, groups and country caps
The Reporting and Analytics module is based on Power BI and provides quick and easy access to all data using a powerful visualization tool.
- Dashboards, business intelligence & analytics
- Service Level Agreements (SLAs) monitoring and management reports
- Data feed to downstream systems
The claims management module allows you to improve your understanding of claims issues and how to manage them proactively.
- Claims assessment and management
- Indemnity payment
- Recovery management
Tinubu® LAB for
While the Tinubu® R&D team focuses on the continuous improvement of the Tinubu® Platform and Tinubu® CIS, our Tinubu® LAB explores breakthrough technologies which have the potential to transform the Credit Insurance industry by delivering higher value services.
Leverage non traditional data to improve scoring capabilities
The rise of e-commerce and digital marketplaces offer new opportunities for Credit Insurers who are able to leverage the available traditional and non traditional data. Move away from scoring blackboxes thanks to Explainable Artificial Intelligence while maintaining high ethical standards.
Integrate your ecosystem with Blockchain/DLT technologies
Tinubu LAB's experience gained on Corda via Tinubu Contract Ledger and Tinubu teams expertise in dealing with data standards will now allow Credit Insurer's to integrate seamlessly their core business systems with DLT based Trade Finance Platforms.
Challenge your models with Quantum Computing
Quantum computing opens up new opportunities in data processing performances. Discover Tinubu® LAB's potential for credit scoring supremacy and quantum algorithms' applications, including classification and optimization.
Increase capabilities with Virtual Assistants
Augment your staff's capabilities by providing them with a specialized virtual assistant trained for underwriting. Reduce the risk of loosing know-how link to employee turnover.
Tinubu® Square Services for Credit Insurers
From knowledge transfer
to full outsourcing
In-depth and functional expertise
to provide a more holistic view
Know-how and expertise
to deliver international projects
Find out how our customers are able to successfully improve their credit insurance operations with Tinubu® CIS.
You might also be interested in the following blog posts, news, industry views or interviews.
An interview with Marc Meyer, Tinubu's Subject Matter Expert in insurance.
An indutry view with Michael Feldwick, Tinubu's Subject Matter Expert in insurance.Read more
A market analysis thought by Jérôme Pezé, Tinubu's Chief Executive Officer and Founder.Read more