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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Sapiens ReinsurancePro
Sapiens ReinsurancePro is a comprehensive platform designed to automate the underwriting and administration of reinsurance, encompassing treaty and facultative, ceded, assumed, and retroceded reinsurance. It offers robust accounting functionality, ensuring compliance with auditing and statutory requirements, and features automated billing with one-click Schedule F generation. The system seamlessly integrates with policy and claims solutions to automate the identification and calculation of cessions, enhancing operational efficiency. Built-in automation of contracts, calculations, and processes provides full financial control, reducing the risk of claims leakage. With a cloud-first approach, ReinsurancePro offers flexible deployment options and a scalable architecture capable of handling high volumes of data quickly and reliably. Its efficient I/O and fast transactional processing further optimize performance.
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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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TreatyIQ
Moody's TreatyIQ delivers advanced financial modeling and extensive treaty and portfolio analytics for reinsurers. Its robust financial model can capture complex treaty structures, enabling underwriters to monitor risk positions, assess pricing performance, and build well-balanced portfolios. The platform unifies treaty underwriting and portfolio management within a single ecosystem, allowing users to create and analyze complex treaty and portfolio structures without manual workarounds or calculations. TreatyIQ empowers underwriters to maximize treaty reinsurance profits, paving the way for business growth and investment opportunities. A major global reinsurer enhanced portfolio management with Moody's RMS TreatyIQ, achieving 90x faster treaty roll-ups and 14% fewer blind spots. By modernizing treaty risk analytics, TreatyIQ enables insurers to assess the true marginal impact of each treaty on the portfolio and the real-time marginal impact of the program.
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