The Prevail Reinsurance System Advantage
Operating Cost Reduction
Audit of All Financial Transactions
How will these advantages and benefits be recognized:
Increased Recoverables Control and Collection - automated and accurate calculation of ceded losses
Enhanced Reinsurance Program Management and Design - provides management with current financial, analytical, and operational information to monitor program effectiveness and enhance underwriting policies and decision-making
Fast and Cost-effective Implementation of New treaties and Revisions - meets industry standard requirements for all treaty types and accounting methods "out-of-the-box" with user-defined tables
Low Total Cost of Ownership (TCO)
Single System to support Ceded, Assumed and Retroceded Reinsurance
Tracking of all Financials to Policy, Claim and Detail Attachment Level - assists with compliance of Sarbanes-Oxley
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