Tial’s System A for Reinsurance Management

As we all know, reinsurance is a vital part of the insurance industry and has a significant impact on your financials. Effective management of reinsurance is key to ensure profitable growth. System A is a short term insurance administration system developed especially for agents, underwriters, managers and insurers. System A is a fully integrated administration system that supports Reinsurance Management.
With System A you have the functionality you need to manage all aspects of reinsurance.
The application provides:

• End-to-end reinsurance processing, from ceding to recovery for both treaties.
• Facultative-obligatory, and obligatory treaty types such as quota share, surplus and excess of loss.
• Policy movements and their corresponding reinsurance premiums are tracked alongside treaty periods aligned to policy inception and underwriting years.
• Treaty management encompasses all data for controlling settlements.
• Reinsurance premium bordereaux can incorporate claims recoveries ensuring the nett reinsurance premium is paid over to the reinsurers.

System A also supports premium calculation, policy schedule, AC collection, financial accounting, document management, multi-quoting, automatically emailing of broker commission statements, premium and claims management, reporting in excel format, integrating policy history, and fully desktop functionality which allows sending and receiving of emails, faxes and SMS.
System A is truly a software solution for the financial service industry – allowing you to minimize costs, increase the process cycle and optimize customer services
For more information on the above visit our website at http://www.tial.co.za

No.4 Bently Office Park
73 Wessels Road, Rivonia,
Sandton, South Africa

Telephone:       +2711 807 1030
Fax:                 +2711 807 1034
Email:               tial@tial.co.za