Reinsurance Recoverables Management demo
Every paid loss checked against the treaties that respond, billed with its proof and followed until paid. 1:13
What the demo shows
A recoverables solution that bills each paid loss to the treaties that respond, with proof.
Every night six agents check every paid loss against every treaty layer and facultative certificate — including certificates found in underwriting files — merge events under the hours clause, and draw where each dollar flows; what is owed and unbilled shows in amber. They build one bill per reinsurer with its proof and chase each balance by age; the analyst approves and the head of ceded co-signs large bills.
Transcript
- Reinsurance Recoverables Management bills each paid loss to the covers that respond.
- Today, someone has to notice which cover the loss reaches.
- At Ashgrove Mutual, six agents check all 4,812 paid losses against every cover.
- The Corval Fire flows past the treaty into a facultative certificate nobody loaded.
- 2.46 million have been booked as retained.
- The agents flag the late notice and build the bill with its proof.
- Two hail codes become one event.
- The catastrophe layer owes $6.7 million.
- Every balance is chased until paid.
- Two reinsurers fail the slow pay test.
- Imogen approves, Graham co-signs, and the bill goes out with its proof.
- Built on Botminds: agents, data, screens, and governance on one platform.
Transcribed from the film’s narration. Captions are on the player.