07/01/2022
Reinsurance Administration
ESKA General helps you layer, compartmentalize and delegate the accumulated risks you cover between multiple reinsurance arrangements, so you can sustainably package bolder insurance products to your clients and pocket the rewards.
ESKA General lets you easily manage your reinsurance according to standard industry methods. Any class of policies can be reinsured through multiple layers of various configurations to ensure your operation’s solvency.
ESKA General additionally gives you the option of automatically dispatching documents and claims to your reinsurer(s) as you process them for your clients. It also tracks the amounts you retain and cede to reinsurers, integrating them accordingly in your financial reports.
- Specify your reinsurance coverage according to policy types, policies, and interests.
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Specify reinsurance arrangements by various configurations:
- Treaty versus facultative
- Proportional versus non-proportional/excess of loss
- Co-reinsurance ceding
- PML/EML/sum insured
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Customize treaty and plan parameters, such as:
- Name of treaty/plan
- Line of business
- Premiums, layers & surplus layers, quotas, reserve per cent, released profit per cent, commissions etc.
- Covered benefits and exclusions
- Start & expiry dates
- Automate your reinsurance claims transactions.
- Automatically sync underwriting transactions and adjustments with pre existing reinsurance arrangements.
- Process multiple reinsurance transactions at once with the bulk reinsurance feature.
- Track your reinsurance details with summary reporting and bordereaux.