Life Reinsurance Administration Software

tai-life

Make processing large volumes of life reinsurance new business, changes, and terminations more accessible.

With TAI Life Reinsurance Administration Software, you can automate the administration of your ceded, reinsured, and retroceded life business and manage all aspects of your reinsurance administration without needing an enterprise system overhaul.

 

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Software Features & Benefits

How TAI Life Works

  1. Data is loaded into the software, including treaties, rates and a direct feed from your policy system.

  2. TAI Life automatically applies the rules of the treaty to administer business.

  3. 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.
TAI_Website-Diagram-Life_v3-cropped-1

Built for the Global Insurer

View Tech Specs for TAI Life
Types of Reinsurance Products Supported
  • Life, including options and riders
  • Critical Illness (accelerated and stand alone)
  • Income Products (income protection, long term care, and annuities)
Full Product Life Cycle Supported
  • New business
  • Changes
  • Renewals
  • Terminations
  • Continuations
  • Recaptures
Types of Reinsurance Supported
  • YRT
  • Net Level
  • Coinsurance
  • Quota Share and Surplus
  • Special Deals and Facultative Placements
Types of Electronic Reporting Supported
  • Inforce Summary
  • Reserves
  • Claims
  • Inforce Policy Detail
  • Technical Accounting

Plus: Optional add-on solutions to supercharge your system

Insights

Data analytics tool providing operational and financial figures to your reinsurance program.

Connector

Data extraction tool enabling movement of data from TAI Life to other systems, people, or departments.

Built for Everyone

The TAI Advantage

Streamlining your reinsurance administration operations.
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Flexible Tools

Hosting & Security

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