Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
Duck Creek Reinsurance streamlines and automates the entire reinsurance process by consolidating information associated with contracts, which encompasses treaties, facultative policies, claims, incidents, as well as various financial and technical data. This adaptable solution oversees contracts throughout their lifecycle, including underwriting, endorsements, and renewals, and accommodates multiple currencies and GAAP standards. By efficiently calculating recoveries and swiftly generating reinsurance invoices, it ensures that all claims eligible for coverage are accurately identified, thus fulfilling the objectives of both ceded and assumed reinsurance in terms of risk management and capital optimization. The digital transformation of reinsurance administration empowers finance and risk management teams to utilize data more effectively, facilitating crucial decisions about risk tolerance and enhancing contract discussions. Moreover, the shift towards automation, standardization, and enhanced data transparency eliminates the reliance on cumbersome tools such as spreadsheets and outdated databases, ultimately improving operational efficiency. In effect, this comprehensive approach not only simplifies processes but also fosters a more strategic alignment between risk management and financial objectives.
Description
Temblor, Inc. is a forward-thinking company focused on catastrophe modeling, particularly in the area of seismic hazard and risk evaluation. The primary objective of Temblor is to enhance public understanding of the dangers posed by seismic events. We cater to various sectors including insurance, reinsurance, insurance-linked securities, and mortgage lending institutions. Our models leverage the latest scientific research that has undergone independent verification, ensuring a thorough, impartial, and clear evaluation of risk. Our offerings encompass real-time hazard assessments and potential loss predictions following significant earthquakes, the pioneering global insurance loss model, stochastic event simulations, and the most detailed global site amplification model currently accessible. Furthermore, we provide a building-specific Temblor Earthquake Score that synthesizes all variables affecting potential loss into a single metric for effective risk assessment and decision-making. This comprehensive approach enables stakeholders to make more informed choices regarding their exposure to seismic hazards.
API Access
Has API
API Access
Has API
Integrations
Duck Creek Suite
FurtherAI
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
Duck Creek
Founded
2000
Country
United States
Website
www.duckcreek.com/product/reinsurance/
Vendor Details
Company Name
Temblor
Founded
2014
Country
United States
Website
temblor.net/commercial-products/