CGI Elements360 ARC-IBA
Access to ARC-IBA APIs published externally
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99.95% availability
Our APIs can be used for mission-critical systems.
1,000+ broker organisations
Bringing insurers and brokers together.
1,500+ active users
Thousands of people trust us.
About us
We have a great record for solving complex problems for industry. We have been the driving force behind Open Banking and have helped electricity networks become more efficient through smart metering. Crucially, we have delivered platforms which drive the general insurance market in rating, pricing, fraud, and claims. Through the original ARC-IBA platform we developed a long existing network of brokers and insurers, and we know that the network is the foundation to achieve success for all.
For over 10 years, CGI has successfully supported a network of hundreds of brokers and insurers in dealing with reconciliation – processing over £1 billion gross written premium every year. We know that success is only partially built on technology. Reconciliation is a complex network of interactions between brokers and insurers. No single organisation can solve the reconciliation challenge alone. The magic happens when we combine smart technology while bringing the market together.
Thousands of insurance broker accounting reconciliation transactions are processed every day with over 60% having a query to resolve before funds can move between parties, trapping millions in cash. Our relaunched CGI Elements360 ARC-IBA combines the latest in AI and collaborative workflow technology, with the power of the network of hundreds of brokers and insurers to remove friction and cost for the market.
