Optimal Reinsurance Management
About Optimal Reinsurance Management
ORM uses: the statistics from previous years, the plan for written premium for the forthcoming period and the limits specified in the “Table for Maximum Coverage”. Within those limitations ORM gives the optimal results to which reinsurance treaties should be made with the reinsurer.
The key features of ORM that create the added value to the insurance companies:
1. Prediction of the future claim portfolio.
2. Generating clusters of risks with similar behaviour.
3. Setting the right type of treaty with the right parameters
4. Delivering most profitable future sales plan
5. Providing the preferable treaty
6. Comparing the treaties given by the reinsurer vs the mathematically optimal combination
7. Managing of the reinsurance treaties
Competitors of Optimal Reinsurance Management
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Synergy2 (Re)insurance Platform is a scalable web-based solution that incorporates an InsurTech ecosystem to manage the full lifecycle of your (re)insurance operations. The platform covers everything from client management, underwriting, claims, accounting, reporting and (retro)ceding, ensuring... Read More
Premirus Corporation is a software manufacturer that specializes in effective and approachable solutions for Document Management, Risk and Insurance Management, Environmental Reporting Compliance, Organizational and Operational Workflows, Developer Tools and Electronic Discovery and Litigation... Read More
