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Increase efficiency with the ReLogic Reinsurance System
Organize and consolidate data to help streamline billing and reporting!
What can ReLogic do for you?
The ReLogic Reinsurance system is designed to provide a completely automated environment to support your business' unique reinsurance needs. The intuitive interface allows users to manage information easily at a detailed level. It seamlessly interfaces with external systems to allow the import and export of reinsurance data. Our sophisticated processing provides the tools needed to manage assumed, ceded, and retroceded reinsurance.
System Features
Premiums and commissions:
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Written, Earned and Collected
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Swing Rated
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Ceded DAC
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Aggregate Excess
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Profit Commission
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Sliding Scale
Provide reporting for:
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Treaty
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Facultative
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Semi-Automatic
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Quota Share
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Excess of Loss
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Aggregate Excess
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Catastrophe
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Clash
Provide Excel-based import tools for:
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Reinsures/Brokers
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Contract Terms
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Participations
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Starting Balances
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LOCs
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Facultative
Cash and balances:
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All Balance Agings
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Broker/Reinsurer Application
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Adjustments and Offsets
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Collections Support
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Drill-down Detail
Process ALL forms of reinsurance contracts:
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Treaty
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Facultative
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Semi-Automatic
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Quota Share
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Excess of Loss
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Aggregate Excess
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Catastrophe
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Clash
Calculate the following:
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Contract Aggregates
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Annual Aggregate Deductibles
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Interlocking Clauses
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Proportional Expense
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Inuring Reinsurance
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Reinstatement Premium
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Loss Corridors
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Ceded IBNR
Provide special processing for:
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Commutations
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Commutation Development
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Run-off/Cut-off Provisions
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Sunset Clauses
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Actuarial Projections
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GAAP/Stat
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Retroactive Changes
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Collateral Adequacy
Technical Information
Industry Leading Security-First Technology
Web-based Platform Independence
Scalable N-tier Architecture
Intuitive Look and Feel
32/64
32-bit/64-bit Support
Supports Progress OpenEdge, Oracle, and SQL Server Databases
Role-based Security with Active Directory Support
OS
Supports Windows, Unix, and Linux Operating Systems