Our client’s IT systems are not designed for the specifics of reinsurance. Every year, the renewal information is prepared manually resulting in flawed data. The renewal process absorbs a lot of time and energy on the clarification of elementary questions and portfolio data quality issues. This leads to unnecessary work and often to suboptimal reinsurance pricing.
What we do
We define standardised reports which extract the required data automatically from the client’s systems. We perform checks for data accuracy and consistency and prepare renewal information tailored to the specific requirements of the reinsurance markets.
- Reduced manual intervention and lower operational risks
- Improved data quality and consistency
- Management can focus on structuring and pricing considerations