Reinsurance Placement Management demo

What the demo shows

A placement solution for brokers that tracks quotes, firm orders and written lines per program.

Six agents read every quote and authorization as it arrives, lay each against the firm order and the client's buying instructions, and keep a live line sheet per layer; when lines pass 100% the signing down is worked out to exactly 100.00%, every minimum line checked, and the broker proposes it for the client to approve.

Transcript

1. 0:00Reinsurance Placement Management tracks every quote, firm order and written line on a broker's programs.
2. 0:09Today, lines arrive by email, and overplaced layers are signed down by hand.
3. 0:17Overnight, agents read all 23 reinsurers' lines against the firm order terms.
4. 0:25Ashgrove's layer 2 is written to 118%.
5. 0:29Kittering wants a shorter hours clause.
6. 0:33Tomas signs down. The lead's 20% stands.
7. 0:37The rest shrink to exactly 100.
8. 0:41Every final share and premium is shown, and Pinecrest's 10% minimum still holds.
9. 0:50Piper fills the short third layer from a reinsurer who quoted it.
10. 0:56David approves the signing, and the placement report is ready the same day.
11. 1:03Built on Botminds: agents, data, screens, and governance on one platform.

Transcribed from the film’s narration. Captions are on the player.