Treaty & Fac. Reinsurace System
Available from RE Systems Group, Inc.
Designed to be the most comprehensive reinsurance system on the market, the RSG Reinsurance System has become the leading software package for the professional reinsurer. Its features include:
Treaty and Facultative Underwriting - Complete underwriting module for both treaty and facultative contracts. The system includes submission processing, automated renewals, and multi-section contracts to accommodate layers, currencies, and lines of business within a single contract. Broker and/or ceding company notifications can be sent via e-mail, fax, or mail. The system also provides a complete statistical module for analytical reviews.
Accounting - A multi-currency premium and loss accounting module that utilizes spreadsheets for account entry and editing. It also features a quick and easy to use cash application subsystem, automated installments, automatic retrocessional processing, statutory reports and downloads, and a statistical repository for management and analytical reporting.
Claims - Complete claims module with multi-sections for tracking individual contract layers, currencies, insureds, and/or coverage. The module provides aggregate deductible support, aggregation of claims by multiple accumulators, tracking of claim from ground up, and automated check printing and cash application to the open item.
Other Features - The system is offered at a low cost, easy to maintain, able to run on multiple platforms, and the source code is provided with the license.