TAI
TAI (Tindall Associates, Inc.) specializes in reinsurance administration software and services, offering an all-in-one life reinsurance solution that connects life insurers and reinsurers globally. Their platform eliminates manual workarounds, paper treaties, and homegrown systems, streamlining reinsurance operations. With over 30 years of experience, TAI supports more than 100 active client software installations worldwide, processing $10 trillion USD of ceded risk on behalf of clients. Notably, over 90% of the top-ceded insurers in North America utilize TAI's software for their life reinsurance administration. TAI launched TAI Insights, an intuitive reinsurance analytics toolset powered by Comotion. This tool enables clients to monitor overall and individual treaty performance, assess client and policyholder concentration risks, and align their reinsurance programs with corporate risk appetites through customizable dashboards.
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Sapiens ReinsuranceMaster
Sapiens ReinsuranceMaster is a comprehensive, single platform designed for large and multinational reinsurance programs, offering full financial control and flexibility across all lines of business. It automates complex programs through adaptable workflows and processes, ensuring compliance with auditing and statutory requirements, and supports multi-country and multi-currency operations. The platform enhances financial accuracy by providing precise premium calculations, superior claim recovery functionality, and detailed process tracking to prevent financial leakage. Embedded analytics offer a consolidated view of liabilities and risks, utilizing a comprehensive data repository and essential KPIs to support informed decision-making. Integration capabilities include standard interfaces to policy and claims applications, native integration with document management systems, and fully integrated workflow and activity management across business processes.
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Duck Creek Reinsurance
Duck Creek Reinsurance centralizes and automates all reinsurance processes, tracking information related to contracts, including treaties and facultative policies, claims, incidents, accounting data, technical data, auxiliary data, financial data, and more. This flexible solution manages contracts from underwriting to endorsements and renewals, supporting multiple currencies and GAAP requirements. By accurately calculating recoveries and rapidly creating reinsurance bills, it identifies all claims meant to be covered, ensuring that ceded or assumed reinsurance achieves its intended goals of risk management and capital availability. Digitally transforming reinsurance administration allows finance and risk management teams to leverage data strategically, making critical decisions regarding risk appetite and supporting contract negotiations. Automation, standardization, and data transparency replace labor-intensive tools like spreadsheets and outdated databases.
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pasRE.Net
pasRe.Net is a fully integrated online reinsurance automation solution that supports all aspects of the reinsurance process. It can be used with other PAS software as part of a complete insurance solution, or it can be integrated with your current system as a standalone option. As an online solution, pasRe.Net provides real-time data, enhancing flexibility and efficiency in managing reinsurance agreements. The platform integrates all parts of the reinsurance process, including reinsurer and broker management, treaty management, reinsurance program definition, attachment definition, premium and loss analysis, reporting, application of cash, and Schedule F generation. It manages all contracts in one system, encompassing both facultative and treaty contracts such as quota share, surplus, excess, clash, and catastrophe. The solution allows for retroactive processing of late placements or mid-term contract changes, ensuring manageable risk exposure.
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