With a consolidated view of financial stability and/or volatility on all policies, you can quickly understand the health of your life reinsurance business.
Determine which metrics you want to track. Use a variety of filters to design a view that's suitable for your life reinsurance business.
Compare actual performance of policy coverage, reinsurance, underwriting and claims to 3-month, 6-month, and 1-year averages.
Reduce the time it takes to gather and export data in CSV files for management reporting.
Insights gives you the ability to perform analysis on your treaty performance. Get an overview of the key metrics of importance to your business, including total inforce count, new inforce count, and terminated amount. Conduct a deeper analysis of numbers that aren't performing as expected.
Get an isolated view of reinsurance cash flow and filter information by reinsurance type and company. Easily export this data for reporting purposes.
With Insights, reports that manually require hours or days of work can be produced in a few clicks. Since data is fed from one system to another, the possibility of human error is reduced, making data more accurate.
Insights can be used by your finance team to review financial trends, understand volatility and profitability, and quickly gauge cash flow.
Your risk management team can look at the volume and risk allocation by product, plan, and reinsurer to understand how risk spreads across reinsurers
Your Senior Leaders will gain easy-to-digest reports that provide a quick understanding of their reinsurance programs.
Insights is a great tool for reinsurance managers and their team to produce reports for upper management quickly and accurately.