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End-to-end reinsurance administration, treaty and facultative management, claims, recoveries, accounting settlements, compliance, sophisticated reporting and integrations with legacy and modern systems.
Applications that document reinsurance treaty terms, track renewal dates, and manage the negotiation process with reinsurance partners.
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Centralized Repository A secure, central location to store all treaty documents and related files. |
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Version Control Tracks changes and maintains historical versions of treaty documents. |
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Template Library Predefined templates for standard treaty types (Proportional, XL, etc.). |
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Clause Library Repository of standard and custom reinsurance clauses for flexible treaty drafting. |
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Document Import/Export Upload and download treaty documents in popular formats (Word, PDF, etc.). |
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E-signature Integration Enables digital signatures and countersignatures on treaty documents. |
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Audit Trail Maintains a detailed log of all actions taken on a document. |
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Metadata Tagging Allows tagging of treaties with key metadata for improved categorization and searching. |
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Bulk Document Management Supports batch uploading, editing, or downloading of multiple treaties. |
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Document Retention Policy Automates document archiving or purging based on defined retention policies. |
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Automated Document Comparison Ability to compare two versions of a treaty to highlight differences. |
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Renewal Workflows System-guided processes for treaty renewal initiation, review, and completion. |
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Expiration Alerts Automated notifications prior to treaty expiry. |
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Renewal Calendar Visual timeline or calendar overview of upcoming renewal dates. |
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Automated Reminders Scheduled reminders for key renewal milestones. |
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Customizable Notification Rules Ability to set different alert types for various treaty types or partners. |
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Renewal Documentation Generation Prepares renewal documentation with pre-populated existing treaty information. |
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Renewal Tracking Dashboard Status monitoring for renewals in progress, overdue, or completed. |
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Escalation Management Auto-escalates overdue renewals to managers or defined escalation chains. |
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Bulk Renewal Processing Allows batch processing or review of multiple renewals. |
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Renewal Progress Analytics Dashboards and reports showing renewal completion rates and delays. |
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Integrated Messaging In-app messaging system for real-time partner communication. |
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Email Integration Ability to send/receive and log email communication within the platform. |
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Negotiation History Comprehensive log of negotiation steps, offers, and counteroffers. |
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Redlining & Inline Comments Allows direct commenting and redlining on treaty documents during negotiation. |
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Task Assignment Assigns negotiation tasks or actions to users with due dates. |
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Approval Workflows Configurable processes for internal approvals during negotiation. |
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Collaboration Tools Shared workspaces or discussion boards for treaty negotiation teams. |
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Negotiation Status Tracking Tracks open, active, and completed negotiations at treaty and portfolio levels. |
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Dynamic Access Control User permissions based on negotiation stage, counterparty, or role. |
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Comment Search and Filtering Find and filter specific negotiation comments or threads. |
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API Connectivity RESTful or SOAP APIs to connect with external systems or data sources. |
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Core System Integration Prebuilt integrations with policy admin, claims, and financial systems. |
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Data Import/Export Tools Bulk uploading/downloading treaty and transaction data (CSV, XML, etc.). |
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Master Data Management Centralizes maintenance of cedents, reinsurers, brokers, jurisdictions, etc. |
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Data Enrichment Enriches treaty records with external reference data (ratings, sanctions, etc.). |
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Data Validation Rules Automated checks ensure treaty data completeness and correctness. |
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Data Access APIs/Feeds Real-time or scheduled data feeds for reporting and analytics. |
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Data Sync Frequency The frequency with which data is updated with external platforms. |
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Data Lineage Tracking Ability to trace the origin and changes of treaty data records. |
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Custom Field Support Ability to define, manage, and report on custom fields. |
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Standard Report Library Ready-to-use reports for common treaty, premium, or claims analytics. |
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Ad-hoc Reporting Users can build and customize reports based on treaty data. |
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Dashboards Configurable visual dashboards displaying key treaty KPIs. |
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Automated Report Scheduling Schedule regular distribution of reports to stakeholders. |
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Export to Excel/CSV/PDF Ability to export reports in multiple formats for offline analysis. |
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Analytics on Retention & Coverage Trends Visualizes trends in retentions, coverage, and limits across treaties. |
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Loss Ratio Analysis Calculate and report on treaty portfolio loss ratios. |
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Premium & Claims Aggregations Aggregates premium and claims data at treaty, program, or portfolio level. |
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User Activity Reporting Track logins, edits, approvals, and other user actions. |
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Data Visualization Charts and graphs for quick visual insights. |
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Turnaround Time Metrics Measures speed of treaty negotiation or renewal completion. |
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Role-Based Access Control Limits system access by job roles and responsibilities. |
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Audit Logging Comprehensive logs of all user/system activity. |
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Data Encryption Encryption of data at rest and in transit. |
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Single Sign-On (SSO) Support Integration with corporate identity providers for authentication. |
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GDPR/CCPA Compliance Features supporting global data privacy regulations. |
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Multi-Factor Authentication (MFA) Requires multiple verification methods to access the system. |
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User Access Review Workflow Supports periodic review and certification of user access rights. |
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Data Masking Obfuscates confidential fields from unauthorized users. |
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Automated Policy Enforcement Enforces security and data governance policies system-wide. |
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Regulator Audit Ready Reports Standard reports for regulatory review and audits. |
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Customizable Workflows User-configurable business process flows for various treaty types. |
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Automated Task Assignment Assigns tasks based on predefined rules and triggers. |
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Process Visibility Shows current status and ownership of all in-progress treaties. |
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Approval Routing Flexible approval chains and conditional approvals. |
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Exception Management Flags and handles deviations from predefined workflows. |
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User Notification Automation Automatically notifies users of required actions throughout lifecycle. |
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SLA Tracking Tracks process completion against service level agreements. |
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Workflow Audit Trails Logs all workflow transitions and user decisions. |
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Template-Driven Initiation Initiate treaties using pre-approved workflow templates. |
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Bulk Workflow Actions Capability to trigger workflow events for multiple treaties simultaneously. |
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Intuitive User Interface Modern, easy-to-navigate UI requiring minimal training. |
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Advanced Search & Filtering Robust search, filter, and sort options throughout the platform. |
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Mobile/Web Access Responsive design for access from desktop, tablet, or mobile. |
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Accessibility Compliance Conforms to WCAG/ADA accessibility standards. |
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Personalization Options User can customize dashboards, views, and notifications. |
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Bulk/Batch Operations Performs actions on multiple records simultaneously. |
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Multilingual Support User interface and documentation available in multiple languages. |
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Contextual Help & Guidance In-app help, tooltips, and user guides contextualized to current screen/process. |
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Customizable Dashboards Users can create or adjust dashboard widgets and layouts. |
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Collaboration Features Tag/share treaties and leave comments for co-workers. |
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Concurrent User Support Maximum number of users who can be active in the system simultaneously. |
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Transaction Processing Speed Average time to save, retrieve, or update treaty data. |
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System Uptime SLA Guaranteed system availability by vendor/service. |
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Horizontal Scalability Ability to add nodes/computing resources as data or user base grows. |
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Data Storage Capacity Maximum supported volume of treaty data/files. |
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Backup & Recovery Time Objective (RTO) Maximum time to recover from a system failure. |
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Disaster Recovery Platform provides comprehensive disaster recovery options. |
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Load Balancing Distributes traffic to maintain optimal performance. |
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Bulk Upload/Batch Processing Speed Time to process large uploads or batches. |
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Elastic Resource Allocation System automatically scales resources up/down based on demand. |
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Implementation Timeline Average time needed for system rollout. |
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Onboarding Tools Self-service or guided onboarding for new users and administrators. |
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Comprehensive User Training Access to detailed training materials, videos, or instructor-led sessions. |
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Configuration Flexibility Degree of configurability of the platform without vendor intervention. |
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Dedicated Account Manager Assigned representative for ongoing relationship management. |
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24/7 Helpdesk Support Technical support availability around-the-clock. |
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Customer Success Program Proactive outreach and best practice sharing by vendor. |
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Online Knowledge Base Self-service documentation and FAQs available to users. |
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Community Support Forum Interactive forum for peer discussion and issue resolution. |
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Service Level Agreements (SLAs) Vendor provides contractual uptime/support assurances. |
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