Having the right support when you need it can make a huge difference. The TAI Help Desk is more than a platform – it’s a centralized point of contact to get support, find answers, and learn more about making the most of TAI’s software. Help Desk Manager Ryan Cauldwell and his team recently led a webinar that provided a full overview of how it works, the resources available, and how their dedicated team is set up to support you.
The benefits of spreadsheets versus an automated system are a popular debate when it comes to reinsurance programs. Spreadsheets have traditionally been used to store reinsurance data but, despite their long history, they appear to be a much riskier option when considering the disadvantages. Spreadsheets can cause major issues in any business enterprise and the reinsurance industry is no exception. Below I’ll share various ways spreadsheet disadvantages apply to the reinsurance world and why an automated system is a safer, more efficient, and cost-effective solution for your business.
Queries are a powerful tool to generate insights and help you understand your database. The recent TAI Ad-Hoc Query Webinar, led by Mindy Epstein, Senior Consultant, ALMI, ARA, explained how you can make the most of the ad-hoc query function on the .NET platform. Mindy offered an overview of the function, including how to access, navigate, and design queries, select output options and start learning SQL structure.
While the recent TAI User Group featured many highlights, one session in particular that stood out was the reinsurers panel discussing the impacts of COVID-19 on the life insurance industry. Moderated by Chris Murumets of RGAX, the esteemed group of panelists included Al Mele from SCOR, Marc-Andre Simard from Canada Life Reinsurance, and Mike Taht from Munich Re. They shared valuable insights on how we as an industry adapted our business and responded to the COVID-19 pandemic. I couldn’t help but take another look and summarize what we heard (thanks to all of the panelists for allowing us to do so).
For over 100 years, paper treaties have been the backbone of the life reinsurance industry. Paper has been reliable and consistent, but it’s becoming a source of friction as the industry embraces more digital platforms and remote interactions. To enhance efficiency, support collaboration, and ensure data quality, it may be the right time to retire our trusted paper and explore a new approach.
The right report at the right time can make a huge difference in your team’s workflow and success. The TAI Life Reinsurance Admin Reports and Exports Webinar, led by Wendy Wilmer, Business Analyst, can help you leverage key features and streamline your approach to reports and exports. This webinar focuses on viewing reports in the TAI .NET application, exporting reports, and running SQL queries through Ad Hoc Query. Mainframe users are invited to follow up with any specific questions for their platform.
As the January 2023 “go-live” date for IFRS17 rapidly approaches (well, certainly rapid for the Insurance market), consultants have spent many hours and industry experts have written large scores of papers to aid insurers in moving to this new accounting framework. This blog explores the system implications of providing granular reinsurance reporting to meet IFRS17 reporting requirements.
TAI’s latest release, TAI 3.70 Life is live and ready to improve your workflow. Take advantage of the latest features and advancements we’ve developed in collaboration with clients. Find out what’s new in this overview.