Reinsurance Package Implementaion
Most companies have unique reinsurance requirements. We
assist our clients with finding creative ways of making existing systems work
in support of facultative and treaty processing. In some cases, a separate
reinsurance system and an interface is required. In others, a custom ceding
mechanism is designed and built.
Case Study 1
We designed and implemented custom software to cede treaty premium based on
earned premium. We then modified existing programs to use the earned ceded
figures to calculate a new subject premium.
Case Study 2
We designed a solution that dealt with complicated inter-company ceding
calculations without having to modify any code in the source system. We then
developed a series of custom reports that listed the inter-company results for
the accounting department.