Sics an Overview

DXC SICS Cede is designed to handle an insurance company’s outward protections. As an insurance and/or reinsurance company, you purchase reinsurance protections for individual agreements or on a more global, corporate basis for certain classes of business or exposures. SICS Cede lets you register those protections at detailed levels.

Whilst developing DXC SICS, a “generic” business model has been kept in mind at all times. In other words, we have identified the common business functions of a typical insurance company and designed the SICS system with the various components of that model firmly in mind. Clearly this model is unlikely to “fit” all insurance companies as each will have their own particular procedures.

This guide will take you through a number of processes describing the functionality of the system, from registration of a policy/ business to claim handling and accounting.