Enhance your reinsurer relationships with the business intelligence data and tools needed to expedite and facilitate the policy lifecycle.
With OneShield’s cession management framework, insurers can use one centralized management registry, easily establish reinsurers, register agreements, and track attachments to the treaty and facultative risks.
Grant treaty or facultative authority to a Reinsurer Partner, register agreements, proportional and non-proportional treaties, facultative agreements, and track attachments by agreement or by the reinsurer.
Closely monitor approved provider relationships with centralized management of approved partners for treaty and facultative reinsurance. Track reinsurance arrangements and usage with a single point of attachment for treaties and lower your risk for errors. Be proactive with automated warnings and tasks for treaty usage and breach.
Produce facultative detail and treaty bordereaux and report data to regulatory agencies.
Manage reinsurance premium commissions with automated payment and statement generation.
Offer partner transparency with portal access to book of business.