REINSURANCE AUTOMATION SOLUTION SOFTWARE | pasRE.Net

pasRe.Net is a fully integrated online reinsurance automation solution that supports all aspects of the reinsurance process. Like all Policy Administration Solutions Inc. products, pasRe.Net’s reinsurance operations software can be used with other PAS software as part of a complete insurance solution, or it can be integrated with your current system as a standalone option.  As an online solution, pasRe.Net can provide you with real-time data giving you flexibility and increasing your efficiency in managing your reinsurance agreements. pasRe.Net is an end-to-end reinsurance software, integrating all parts of the reinsurance process including:

• Reinsurer and Broker Management

• Treaty Management

• Reinsurance Program Definition

• Attachment Definition

• Premium and Loss Analysis

• Reporting

• Application of Cash

• Schedule F

With pasRe.Net’s reinsurance software you can manage all aspects of ceded reinsurance, including but not limited to managing participants, brokers, contracts, ceded calculation engine, bordereaux and statement generation, application of cash and generation of Schedule F. Ceded reinsurance management within pasRe.Net automatically notifies you if a reserve change will be approaching a layer limit. This means that you do not have to worry about constantly checking to make sure that you are within your layer limits and if you need to purchase additional reinsurance protection.  

pasRe.Net, our Reinsurance Operations Software manages all contracts in one system. This includes both facultative and treaty contracts, including but not limited to quota share, surplus, excess, clash, catastrophe, facultative, and others. Additionally, within the pasRe.Net solution, you can retroactively process late placements or mid-term contract changes, allowing you to be more flexible and ensuring that your risk exposure is manageable.

The PAS system allows for full integration with any policy and claims solutions. All integrations are in real-time, allowing the user to see all changes as they happen. Being fully integrated also means that you do not have to waste time having a person transfer data from one system to another, it is all automated.

Any time that you are managing insurance claims there is the possibility of legal challenges. pasClaims.Net can aid in detecting fraudulent claims by tracking common trends across multiple claims. This automated processing means that you can identify and pursue fraud targets quickly, without having to launch an intensive investigation that takes time and costs money.

New Enhancements: