For managing the requirements of Law 574/D
XIsvap is the solution for issuing and managing records, logging information and submissions in order to stay in compliance with Italian law ISVAP 574/D. There is hardly any need for manual intervention (required on for record #4). It checks reinsurance information according to IVASS rules and it automatically compiles the records required under the law, by accessing certified information already found in XLayers directly. It can also work as a stand-alone solution for companies not using XLayers. By working alongside XLayers the Xisvap module can ensure consistency between the information about the real application of a company’s reinsurance policy and what is published in the records it submits. It is able to inherit from XLayers the basic multi-company structure and methodology along with the certification and traceability guarantees of its processes and the data logs.
Updates and aligns your system’s master data registries with those of IVASS
Information is checked when entered into the database and then subjected to further verification according to IVASS parameters
Coding and messages in-line with IVASS
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