The reinsurance advantage

CedeRight is the only true Cloud Reinsurance Service that you lease montly and never have to buy! This service requires NONE of the following:

• NO SOFTWARE MAINTENANCE FEES
• NO RELEASES TO WORRY ABOUT
• NO INSTALLATION FEES
• NO ADD-INS COSTS
• NO LONG TERM COMMITMENTS
• NO UPGRADE COSTS
• NO INFRASTRUCTURE COSTS
• NO IT SUPPORT NEEDED
  
  

  ...and you pay ONE SIMPLE MONTHLY FEE based on your needs and volume

  IMMEDIATE BENEFITS:

  
  

  • Accurate, Exact, Corporate Record

  • Schedule F & P made easier

  • Robust Reports and Analytics

  • Reduce expensive and unnecessary Facultative purchases

  • Compliance with Audits & Corporate Governance

  • ROI measured in months

  • Reduce your Enterprise Risk - Ask about our free trial offerings

  • Safe, secure, backed up and processed in a hardened, state-of-the-art, SAS 70, US domiciled data centers.

  • Customizable, up and running in weeks not months like the old reinsurance legacy systems

Developed using the latest web-based technology, it is easily integrated and provides fully automated processing, defensible bills, and robust functionality for even the most complicated reinsurance structures.

First system designed by reinsurance experts for reinsurance experts Fully hosted, Cloud Computing solution Accurate and defensible billing & documentation Commercially proven system Sophisticated Audit, Issue and Exception tracking

 

CedeRight services include:

Maintenance of key trading partner in­formation, contract details and financial factors

• Captures the detail and factors needed to automate the attachment, calculation, and posting of premium and loss cessions.
• May be populated by the customer from various data sources or by direct data entry into CedeRight.
• Manages reinsurance treaties for ceded, assumed, pools and affiliates.

Support for the most complicated Reinsurance Structures:

• Excess of Loss (Aggregate and Per Occurrence)
• Quota Share/Proportional
• Treaty and Facultative
• IIntegrates both deductible and inuring reinsurance relationships

Automated bill production

• Calculates paid, case and incurred
• Full audit trail for all calculations
• Produces statements, bordereau’s, cover letters, footnotes and supporting detail

Timely analysis and reconciliation of incom­ing and outgoing data

• Enables analysis of net exposures at any point in the billing cycle
• Drill-down capabilities allow review of full policy and claim details for each bill
• Real-time access to historical data
• Alerts for sunset notices, errors and exclu­sions

Clear, well-documented and consistent recov­ery support process

• Enforces work-flow standards
• Prioritizes work queues based on user-con­figured rules
• Provides real-time productivity reporting