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Average Ratings 0 Ratings
Description
RI-TOOL is a sophisticated multi-tenant SaaS solution designed specifically for reinsurance experts to effectively document, organize, and codify treaty clauses. Each clause is represented as a directed acyclic graph (DAG) of operands, allowing for the accurate and machine-readable formalization of intricate contractual logic that traditional spreadsheets fail to deliver. The platform facilitates the entire reinsurance process across nine specialized roles, including clause drafting by Junior underwriters, validation by Senior underwriters, actuarial formalization by Actuaries, exposure graph modeling by Risk Modelers, contract creation by Managers, and statement-of-account generation by both SOA Seniors and SOA Juniors. Each tenant is provided with a dedicated workspace that comes pre-equipped with a foundational library containing standard clauses, basic DAG graphs (akin to LEGO bricks), and SOA templates that address areas such as Profit Commission and Loss Participation. Additionally, the platform features a comprehensive glossary of 298 terms available in 14 different languages, including English, French, German, and Spanish, among others. Furthermore, all documents are securely stored utilizing AES-256-GCM encryption, ensuring the utmost protection of sensitive information. This robust framework not only streamlines the workflow but also enhances collaboration among reinsurance professionals.
Description
pasRe.Net is a comprehensive online automation platform designed specifically for reinsurance, facilitating every facet of the reinsurance workflow. This solution can seamlessly collaborate with other PAS software as part of a holistic insurance offering or function independently as a standalone tool within your existing systems. By operating online, pasRe.Net delivers instantaneous data updates, significantly boosting flexibility and operational efficiency in overseeing reinsurance contracts. The platform encompasses all components of the reinsurance ecosystem, including the management of reinsurers and brokers, treaty oversight, definition of reinsurance programs, specification of attachment points, analysis of premiums and losses, as well as reporting, cash application, and Schedule F production. It centralizes the management of all contracts, covering both facultative and treaty agreements such as quota share, surplus, excess, clash, and catastrophe. Moreover, the system supports retroactive adjustments for late placements or mid-term contract modifications, which is crucial for maintaining an acceptable level of risk exposure while ensuring compliance and adaptability in a dynamic market. This robust solution not only streamlines processes but also empowers users with the tools needed to make informed decisions in real-time.
API Access
Has API
API Access
Has API
Integrations
No details available.
Integrations
No details available.
Pricing Details
$0
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
RI-TOOL
Founded
2026
Country
France
Website
ri-tool.com
Vendor Details
Company Name
Policy Administration Solutions
Founded
1996
Country
United States
Website
www.pasolutions.com/pasrenet