OPEN CO PLUS - GENERAL INSURANCE

Reinsurance Manager

• The reinsurance protection afforded to each inward policy may be defined automatically by the definition of classes, etc., protected by outward treaties. Upon entry, inward risks automatically benefit from these treaties and any facultative protections created. Multiple layers, priorities and benefits are reflected in net exposure and automatic cessions and collections
• Reinsurance security rating (inc. Pool members) and exposure budgeting are provided as online analyses. Any coding and rating system may be employed
• Reinsurance recoveries, automatic proportional cessions available on-line by policy, claim and reinsurance protection and in monthly or quarterly broker statement
• Entry of recoveries and collection note production is integrated in the reinsurance credit control ledger system. Treaty collection notes are produced via an integrated and specialist recoveries system