The TAI Reinsurance Administration system provides a fully automated, integrated solution to process Fixed, Indexed, Variable and GMIB/GMDB annuity products automatically.
Automation of 90%+ manual processes
Streamline your reinsurance operations automating over 90% of manual processes. Allow your team to focus on exceptions versus day-to-day processing.
Consistent and accurate data
Improve your data quality by consolidating multiple legacy policy administration systems into a single system and data format.
Accurate reinsurance calculations
Have confidence in the accuracy of complex annuity calculations, using a system that automatically applies the terms and conditions of your treaties.
Complete auditing capabilities
Access audit trails of previous administrative actions performed in the system to validate and analyze specific data.
Accurate reporting provided at both seriatim & summary level
Generate both summary and seriatim level reporting for your reinsurance partners and internal stakeholders.
Since 1985, we’ve specialized in delivering a stand-alone reinsurance administration system. This means, a more effective way to administer reinsurance, less interruption to your business during installation, a system that performs exactly how your business requires it, and unprecedented industry expertise available for support and training.
Using a system to automate your reinsurance administration drives efficiency in your annuity reinsurance operations by relieving you from time consuming, manual and human-error prone processes.
The TAI Annuity system is an out-of-the-box solution with the flexibility to enhance the system to support specific business needs including complex treaty arrangements.
The longevity of our team within the industry and company has allowed us to build a specialized knowledge repository that clients can leverage for support and training.
TAI software fits seamlessly into your existing operational and IT architecture. It reduces the amount of time and business interruption required during installation compared to a solution requiring an enterprise overhaul.
Data Input and Output
Host the Software in Your Environment or on TAI Cloud
Clients have the option of hosting TAI Reinsurance Software in their environment or in the Cloud – TAI or a 3rd Party cloud provider.
Data Security is Our Top Priority
Our approach to data security and protection ensures that your ability to administer, analyze, query, and report on your reinsurance data is as secure as ever.