Treaty Underwriting Workbench demo
Every renewal submission read, rebuilt and ranked, so underwriters spend their time on the programs that matter. 1:15
What the demo shows
An underwriting solution for reinsurers that reads, rebuilds and ranks treaty submissions.
Six agents read every broker submission as it arrives, rebuild the cedant's loss ratio from its own triangles, large-loss listing and rate monitor, compare the exposure with last year, and rank the season by expected result and fit; the underwriter sees the cedant's figure and the rebuild side by side, each difference cited, and decides the line and terms.
Transcript
- Treaty Underwriting Workbench reads, rebuilds and ranks treaty submissions for reinsurers.
- Each renewal, hundred-derived.
- Most are priced on the cedant's summary.
- Ranked by profit and fit.
- Hollow, the cedant's loss ratio.
- Filled, the rebuild. Ranked on the rebuild.
- Lano Ridge drops from 3rd to 18th.
- The sedant states, 58%.
- Rebuilt from its own data, 71%.
- Old development factors, capped large losses, an overstated rate, each cited to its tab.
- At 71, the right commission is 18 and a half, not 31.
- Daniel sends cited questions and a counter.
- His chief underwriting officer approves.
- A first view of every program in hours, not days.
- Built on Botminds: agents, data, screens, and governance on one platform.
Transcribed from the film’s narration. Captions are on the player.