Reinsurance Module
Streamline the Entire Reinsurance Lifecycle
ISI Core’s Reinsurance module embeds treaty and facultative management directly into policy, claims, and accounting workflows. By automating reinsurance logic and financial postings, carriers 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
-
Configure quota share, surplus, excess of loss, and facultative agreements in one unified workspace
-
Define retentions, attachment points, inuring order, and participation percentages using configurable rules
-
Track reinsurer shares, commissions, and reinstatement premiums throughout the lifecycle with support for associating reinsurance at both the policy and coverage levels
-
Manage multi-layer structures with visual tools and version control to present treaty layering clearly during setup and review
-
Handle partial or late recoveries with built-in reconciliation and write-off tracking supported by clear tracing of reinsurance calculations
-
Copy, renew, or modify treaties efficiently using reusable templates
Seamless Integration Across Every Step and Module
-
Align reinsurance data with Policy, Claims, Billing, and Accounting modules for a unified financial view
-
Automatically post ceded premiums, commission income, and loss recoveries to Accounting
-
Support automated bordereau generation and partner statements for internal and external reporting
-
Synchronize program and partner data across departments to eliminate duplicate entry
-
Maintain consistent reinsurance logic across policy issuance, claims handling, and financial reconciliation
Automation and Controls That Reduce Risk
-
Replace manual spreadsheets with system-driven validation and automated tracking
-
Enforce retention, coverage, and participation limits through configurable system rules
-
Generate treaty summaries, bordereaux, and performance reports automatically
-
Manage user-level authority for treaty setup, approval, and amendments
-
Audit every transaction with full traceability across premiums, recoveries, and adjustments
Analytics and Partner Oversight
-
Monitor ceded premiums, recoveries, and treaty utilization through real-time interactive dashboards
-
Evaluate reinsurer performance and exposure trends to support renewal strategy and negotiations
-
Group partners and intermediaries for easier management and reporting
-
Identify program gaps and potential over-retention with data-driven insights
-
Strengthen compliance and transparency with centralized oversight and reporting tools built using Analytics powered by AWS Quick Suite
Business Outcomes You’ll Achieve
With ISI Core’s Reinsurance module, carriers 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 visibility into 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
Risk Management & Assessment
Strengthen Underwriting and Loss Control
- Centralize Risk Assessments with Repeatable Workflows
- Strengthen Underwriting Decisions with Consistent Risk Scoring
- Improve Visibility Across the Risk Control Process
- Take Targeted Action to Help Reduce Loss Ratios
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
Risk Management & Assessment
Strengthen Underwriting and Loss Control
- Centralize Risk Assessments with Repeatable Workflows
- Strengthen Underwriting Decisions with Consistent Risk Scoring
- Improve Visibility Across the Risk Control Process
- Take Targeted Action to Help Reduce Loss Ratios
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
What types of reinsurance arrangements does ISI support?
ISI 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, and participant shares to match their reinsurance programs.
↓
Can the system automatically calculate ceded premiums and recoveries?
Yes. ISI reinsurance module automates ceded premium calculations, reserve allocations, and reinsurance recoveries based on configured treaty rules, thresholds, and coverage layers.
↓
Does ISI support multi-layer treaties and multiple reinsurers per treaty?
Absolutely. Insurers can model complex treaties with multiple layers and multiple reinsurers per layer, with full tracking of ceding percentages and risk sharing.
↓
How are claims and recoverables linked to reinsurance contracts?
Claim payments associated with reinsured policies are automatically evaluated against treaty terms. Recoverables flow directly from the claims module with clear links to the treaty, reinsurer, and applicable layer.
↓
Does the reinsurance module integrate with the accounting ledger?
Yes. All ceded premiums, commissions, and recoveries are posted to the general ledger automatically, ensuring accurate financial reporting and compliance.
↓
Can insurers generate bordereaux reports and reinsurance statements?
Yes. ISI provides automated generation of bordereaux, reinsurer statements, and treaty balance tracking in exportable standard formats.
↓
Can the Reinsurance module be implemented standalone?
Yes. Insurers can deploy Reinsurance as a standalone function or as part of the full ISI Core suite.
↓
How does ISI support regulatory compliance for reinsurance?
ISI supports Canadian and U.S. regulatory requirements including OSFI and NAIC reporting. Audit trails, data validation, and treaty level reporting help insurers meet internal governance and statutory obligations.
↓
What automation features exist in reinsurance?
The module automates ceded premium computation, recovery calculations, posting to the general ledger, and bordereaux generation. Configurable workflows support treaty setup, approvals, and ongoing treaty management.
↓
Can insurers define custom approval workflows?
Yes. Workflows for treaty sign-off, claim recovery approvals, and bordereaux submission are fully configurable through the Configuration Studio.
↓