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Reinsurance cession management is an important element of risk mitigation in the insurance industry. With large or varied lines of business, it’s critical to closely manage your reinsurance arrangements and relationships. You should have one centralized management registry providing an enterprise wide overview of your relationships. With the ability to set up reinsurers, register treaties, and track cessions of treaty and facultative risks in separate bordereaux. Additionally, you should be able to also net out cession commissions, and issue reinsurance payments based on treaty descriptions and commission agreements.
OneShield makes it easy to manage this side of your business. With our solution, you can simplify the complexities of reinsurance.