TAI Reinsurance Software Blog

Automated Reinsurance Admin Helps Life Insurers Drive Efficiency

[fa icon="calendar'] May 4, 2018 9:49:17 AM / by Brian Traxler

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When it comes to administering a smaller life reinsurance business, many small to mid-sized insurers feel caught in a bind. It would be nice to use software to automate the business, but if you’re small it can seem costly to make the switch.

Instead, they stick to homegrown manual systems, which can be clunky and prone to human error.

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[TAI FAQ] How to Use TAI to Administer Life Annuity Business

[fa icon="calendar'] Apr 13, 2018 4:24:04 PM / by Pete Murphy posted in FAQ

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This FAQ will focus on answering questions on TAI Annuity. If you are attending the 2018 TAI User Group, be sure to sign up for Breakout #2 – How to Process Annuity Reinsurance with Ease on TAI. I will be providing a more detailed look at the system and Jacqueline Barrett, Director of Reinsurance Operations of LOGiQ³, will share her team’s experience during a TAI Annuity implementation. 

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6 Business Drivers for TAI Upgrades

[fa icon="calendar'] Mar 26, 2018 7:00:00 AM / by Ed McCloskey

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The 2018 User Group is quickly approaching and one of the topics we’ll be discussing in a breakout session is what customers can expect during a TAI software upgrade. Before diving into that journey, let’s touch on why implementing TAI upgrades are important to your business in the first place.

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[TAI FAQ] .NET & Chrome Compatibility

[fa icon="calendar'] Nov 3, 2017 1:38:02 PM / by Eric Seitz posted in FAQ

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 **This blog has been updated to reflect resolved Chrome issues

Our latest installment of TAI FAQ regards TAI .NET's recent compatibility issues with Chrome. The bug that was causing the issues has now been resolved.

If you use Chrome as your browser of choice for the TAI .NET application, you may have experienced compatibility issues. Chrome normally updates itself, but if you are still having problems, please visit Chrome's update page for instructions on manually updating.

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Approaching Life Insurance Innovation Through a Lens of Diversity

[fa icon="calendar'] Oct 30, 2017 1:52:18 PM / by Mitch Ocampo posted in InsurTech, Innovation

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Last week I had a chance to moderate a round table on Entrepreneurship and Innovation at the 2017 SOA Annual Meeting.  It was a great session with a lot of alternative view points on the future of insurance.  

Topics of discussion ranged from the displacement of production and distribution to Amazon and Walmart, to regulatory understanding across different jurisdictions and why this complexity is a necessary reality, and more philosophical arguments around insurance’s role in society and whether we are optimizing these duties for the “jobs that need to be done”.

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Life Annuity Insurance Market Outlook

[fa icon="calendar'] Oct 26, 2017 5:11:57 PM / by Brian Traxler posted in Annuity

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Disruption. It is something that the life insurance industry has been experiencing a lot of lately.  And according to EY, the US life annuity insurance market will continue to be subject to disruption in the coming year, making it a competitive environment.

Some of the disrupting factors influencing industry players to reassess their strategies include:

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[TAI FAQ] TAI Mainframe vs. TAI .NET

[fa icon="calendar'] Sep 27, 2017 4:23:13 PM / by Mitch Ocampo posted in FAQ

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The September FAQ includes a combination of questions on TAI Mainframe vs. NET, general system questions, INSIGHTS and CONNECTOR.

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[TAI FAQ] What is the difference between INSIGHTS and CONNECTOR?

[fa icon="calendar'] Aug 31, 2017 12:40:05 PM / by Miguel Ceron posted in FAQ

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This FAQ article was inspired by the questions we received at User Group 2017  and common ones I get from talking to reinsurance professionals about INSIGHTS and CONNECTOR. Continuing with the momentum from our summer newsletter in sharing resourceful content, I hope this article answers your questions on the latest additions to our software suite

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[TAI FAQ] How to Prepare for a TAI System Upgrade

[fa icon="calendar'] Aug 23, 2017 2:02:02 PM / by Pete Blackwell and Ed McCloskey posted in Software Update, FAQ

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Whether your organization is about to kick off a TAI upgrade or is planning for one in the next couple years, this FAQ blog will give you an overview of what to expect and how to prepare. 

A common misconception is that a TAI upgrade is a quick and simple process.  Unlike most software, the TAI system is custom software tailored to your organization’s needs, and because of this, upgrades require additional effort for both TAI and your organization. Therefore upgrades are a short-term engagement that involves:

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How to Protect TAI Data from Cyber Threats

[fa icon="calendar'] Jul 24, 2017 10:11:08 AM / by Andrew Zitt posted in Software, Security

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In today’s digital world, information technology and data are at the center of our day-to-day lives. Whether you are browsing the internet on your smartphone, tracking your steps on a FitBit, watching Netflix or making a purchase online, there is a constant exchange of data. And these are just examples from your personal life. It’s hard to imagine a profession that doesn’t have at least one touch point with information technology or digital data. The insurance industry is no exception, holding a wealth of private data on millions of individuals and companies.

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