Automate your annuity reinsurance administration with a dedicated system.
With TAI Annuity Reinsurance Administration Software, you can automate the administration and processing of Fixed, Indexed, Variable and GMIB/GMDB annuity products.
Software Features & Benefits
Automate Manual Processes
Streamline your reinsurance operations, automating over 90% of manual processes, and allow your team to focus on exceptions versus day-to-day processing.
Receive Accurate Reinsurance Calculations
Have confidence in the accuracy of complex annuity calculations by using a system that automatically applies the terms and conditions of your treaties.
Report Accurately at the Seriatim & Summary Level
Generate both summary and seriatim level reporting for your reinsurance partners and internal stakeholders.
Receive Consistent and Accurate Data
Improve your data quality by consolidating multiple legacy policy administration systems into a single source and data format.
Access audit trails of previous administrative actions performed in the system to validate and analyze specific data.
How TAI Annuity Works
Data is loaded into the software, including treaties, rates and a direct feed from your policy administration system.
TAI Annuity automatically applies the rules of the treaty to administer business.
Reports are generated and made available to send to your reinsurers and retrocessionaires. Simultaneously, the system ensures that proper cash flow and accounting specifications adhere to the treaty terms.
Clients can host TAI Life in their environment or the Cloud