REOSOFT

REINSURANCE ADMINISTRATION AND CALCULATION 

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Benefits

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Data

Consistency

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Automated

Calculation

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Product

Configuration

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Unified system of

reporting and analysis

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Integration with

other systems

Reosoft is a reinsurance calculation tool designed and developed for insurance companies to administrate reinsurance contracts for the non-life insurance portfolio for quote agreements, reinsurance of surplus XL and NatCat contracts.

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Features

Input data layer module

  • Standardized input data structure

  • Pre-processing done within the tool

  • Data classification / categorization for special cases and exceptions

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Product configuration module

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  • Contract definition

  • Coverage details (cession %, lines, …)

  • Reinsurers

  • Risks covered by treaty

  • Administration integrated with web application

Calculation module

  • Calculation engine

  • Reusable objects - unified and standardized procedures

  • Automatization of process (dependencies, order of execution, …)

  • Calculated data is versioned and saved

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Presentation module

  • Web application

  • Wizzards

  • Reporting Layer – PowerBI reports and results analytics at grasp

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What you get with Reosoft

  • Reinsurance contract parametrization integrated within web app (Product configuration)

  • Automated reinsurance calculation (premium, claim, reserves)

  • What-if analysis – scenario calculations

  • Data consistency – data model natively supports trend analysis

  • BI component – bordereau export support, SII reporting, …

  • Simple integration with other systems and applications

Beyond Reinsurance Calculations

Additional benefits:​

  • Higher security in the results of profit and loss planning

  • What-if analysis

  • Analysis of contract profitability