Reinsurance Module
Enhance Risk Sharing Through Automation and Visibility
Streamline Reinsurance
Across Treaties and Recoveries
The ISI Core reinsurance module embeds treaty and facultative management directly into policy, claims, and accounting workflows. As a comprehensive reinsurance management system, it automates reinsurance logic and financial postings so insurers gain end-to-end transparency into ceded premiums, recoveries, and partner performance. The result is faster processing, stronger oversight, and improved accuracy across every reinsurance arrangement.
Key Capabilities That Strengthen Daily Operations
Complete Treaty and Facultative Management
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Configure quota share, surplus, excess of loss, and facultative reinsurance agreements in one unified workspace.
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Define retentions, attachment points, inuring order, and participation percentages using configurable rules.
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Track reinsurer shares, commissions, and reinstatement premiums at the policy and coverage levels.
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Manage multi-layer structures with visual tools and version control to support treaty setup and review.
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Handle partial or late recoveries with built-in reconciliation and write-off tracking with traceable reinsurance calculations.
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Copy, renew, or modify treaties efficiently using reusable templates.
Connect Reinsurance Across Core Operations
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Align reinsurance data with Policy Admin, Claims, Billing, and Accounting modules for a unified financial view.
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Automatically post ceded premiums, commission income, and loss recoveries to Accounting.
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Support automated bordereau generation and partner statements for internal and external reporting.
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Synchronize program, treaty, and partner data across departments to eliminate duplicate entry.
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Maintain consistent reinsurance logic across policy issuance, claims handling, financial reporting, and reconciliation.
Automation and Controls That Reduce Risk
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Replace manual spreadsheets with system-driven validation and automated reinsurance processing and financial tracking.
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Enforce retention, coverage, and participation limits through configurable system rules.
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Generate treaty summaries, bordereaux, partner statements, and performance reports.
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Manage user-level authority for treaty setup, approvals, amendments, and recovery workflows.
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Audit every transaction with full traceability across ceded premiums, recoveries, adjustments and financial postings.
Real-Time Reinsurance Analytics and Reporting
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Monitor ceded premiums, recoveries, treaty utilization, and exposure through real-time interactive dashboards.
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Evaluate reinsurer performance and exposure trends to support renewal strategy and negotiations.
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Group reinsurer partners and intermediaries for easier management and reporting.
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Identify program gaps and potential over-retention with data-driven insights.
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Strengthen compliance and transparency with centralized oversight and reporting tools built using ISI Analytics powered by AWS Quick.
Business Outcomes You’ll Achieve
With ISI Core’s Reinsurance module, insurers strengthen financial control, risk distribution, and operational efficiency across all reinsurance activities.
- Reduce financial exposure and improve capital efficiency through automated risk allocation.
- Accelerate recoveries and financial closings by eliminating manual reconciliation steps.
- Enhance accuracy and regulatory compliance with a single source of treaty and facultative data.
- Deepen reinsurer and broker relationships through transparent reporting and performance insights.
- Gain real-time reinsurance analytics and reporting to monitor ceded premiums, recoveries, and exposure across the enterprise.
- Scale reinsurance programs to support growth, diversification, and market expansion without added complexity.
See Other Core Modules
Policy Administration
Enhanced Precision and Team Performance
- Rules-Based Controls for Enhanced Underwriting
- Simplify Workflows for Every Policy Task
- Make Data Driven Decisions Based on a Unified View
- Adapt Quickly to Market Shifts
Billing
Real-Time Control for Every Policy, Payment, and Process
- Flexible Billing for Every Business Model
- Automated Workflows for Accuracy and Efficiency
- Real-Time Financial Oversight and Control
- Data-Driven Insights for Better Decision Making
Claims
Greater Accuracy and Control from First Notice to Final Payment
- Rules-Based and Adaptive Claims Workflows
- Gain Complete Financial Oversight
- Deliver Insight-Driven Decision Making
- Simplify Communications and Documentation
Accounting
Real-Time Financial Control Across Every Entity and Ledger
- Unified Financial Management Across All Modules
- Flexible Configuration and Compliance Support
- Automated Workflows for Accuracy and Efficiency
- Actionable Reporting and Financial Insights
Policy Administration
Enhanced Precision and Team Performance
- Rules-Based Controls for Enhanced Underwriting
- Simplify Workflows for Every Policy Task
- Make Data Driven Decisions Based on a Unified View
- Adapt Quickly to Market Shifts
Billing
Real-Time Control for Every Policy, Payment, and Process
- Flexible Billing for Every Business Model
- Automated Workflows for Accuracy and Efficiency
- Real-Time Financial Oversight and Control
- Data-Driven Insights for Better Decision Making
Claims
Greater Accuracy and Control from First Notice to Final Payment
- Rules-Based and Adaptive Claims Workflows
- Gain Complete Financial Oversight
- Deliver Insight-Driven Decision Making
- Simplify Communications and Documentation
Accounting
Real-Time Financial Control Across Every Entity and Ledger
- Unified Financial Management Across All Modules
- Flexible Configuration and Compliance Support
- Automated Workflows for Accuracy and Efficiency
- Actionable Reporting and Financial Insights
Supporting Modules
FAQs
Can ISI Core support the reinsurance structures we use?
Yes. ISI Core supports proportional and non-proportional reinsurance, including quota share, surplus, excess of loss, catastrophe, facultative, and treaty-based agreements. Insurers can configure treaty terms, layers, limits, attachment points, participation shares, retentions, and inuring order.
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Can ISI Core manage multi-layer treaties and multiple reinsurers?
Yes. Insurers can model treaties with multiple layers and multiple reinsurers per layer. The module tracks ceding percentages, participation shares, limits, recoveries, commissions, and reinstatement premiums at the policy and coverage levels.
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What reinsurance processes can we automate?
ISI Core supports automation for ceded premium calculations, reserve allocations, recovery calculations, financial postings, bordereaux generation, treaty summaries, partner statements, and approval workflows. Configurable rules support treaty setup, amendments, recoveries, and ongoing treaty management.
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How are claims and recoverables linked to reinsurance contracts?
Claim payments associated with reinsured policies can be evaluated against treaty terms. Recoverables flow from the ISI Core Claims module with links to the treaty, reinsurer, applicable layer, and related financial activity.
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How does the Reinsurance module connect with accounting and other core operations?
Reinsurance data connects with Policy Administration, Claims, Billing, and Accounting to support a unified financial view. Ceded premiums, commission income, and recoveries can be posted automatically to the Accounting module and general ledger.
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Can we generate bordereaux, partner statements, and treaty reports?
Yes. The Reinsurance module supports automated generation of bordereaux, reinsurer statements, treaty summaries, balance tracking, and performance reports. Outputs can be exported for internal and partner reporting.
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How does ISI Core support reinsurance oversight, governance, and regulatory requirements?
Real-time dashboards allow teams to monitor ceded premiums, recoveries, treaty utilization, exposure, and reinsurer performance. The module supports Canadian and U.S. regulatory requirements, including OSFI and NAIC reporting. Audit trails, data validation, treaty-level reporting, and configurable approval workflows support internal governance and statutory obligations.
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Can the Reinsurance module be implemented independently?
Yes. The Reinsurance module can be deployed independently or as part of the broader ISI Core suite, allowing insurers to address reinsurance operations as an individual priority.
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