TAI | Life Reinsurance Administration System

Where All Your Life Reinsurance Administration Comes Together

Automation of 90%+ manual processes

Have confidence that treaties are adhered to properly by using a system that automatically applies the terms and conditions of your treaties.

A single view of risk retention and reinsurance ecosystem

Improve your data quality by consolidating multiple legacy policy administration systems into a single system and data format.

Treaty self management

Access audit trails of previous administrative actions performed in the system to validate and analyze specific data.

Administer Complex Treaty Documents

We customize the setup of TAI .NET so that you can administer business specific to your products, treaty pool arrangements, terms, and conditions.

Complete auditing capabilities

Manage risk with ease using a single view of retention. Get a high level overview of policies in your system using a policy master view.

Data accuracy, consistent premium and claims calculations

Control levels of data access and functionality based on the roles and responsibilities of your team to ensure secure operations.

A Customized Approach to Fit Your Business Needs

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.

Operational Efficiency

Using a system to automate your reinsurance administration drives efficiency in your life reinsurance operations by relieving you from time consuming, manual and human-error prone processes.

Customized to Fit

TAI .NET is an out-of-the-box solution with the flexibility to enhance the system to support specific business needs including complex treaty arrangements.

Specialized Expertise

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.

Modular Architecture

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.

How the system works

Data Input and Output

The data going into TAI.NET includes your treaties and rates as well as a feed from your direct policy system.

TAI.NET automatically applies the rules of the treaty to administer business.

You can then send the necessary reports to your reinsurers and retrocessionaires. At the same time, the system ensures that proper cash flow and accounting occur according to treaty terms.

Your system becomes a data warehouse for life reinsurance information. Insights can be used to analyze data within TAI.NET and Connector can be used to securely move it to other systems, people, or departments.

How the system works

Data Input and Output

The data going into TAI.NET includes your treaties and rates as well as a feed from your direct policy system.

TAI.NET automatically applies the rules of the treaty to administer business.

You can then send the necessary reports to your reinsurers and retrocessionaires. At the same time, the system ensures that proper cash flow and accounting occur according to treaty terms.

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

Hosting and Security

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.

One System for All Your Life Reinsurance Administration Needs

Where All Your Life Reinsurance Administration Comes Together