We have an "insiders" knowledge of business operations from international insurance
and reinsurance companies and understand the underlying problems that our products
and professional services address
Overview
The STI Team has a proven international track record in building state-of-the-art
insurance and reinsurance systems based on extensive industry knowledge and hands-on
experience from actually "doing the business". The Team has decades of experience
in developing expert underwriting methods, rating methodologies and trend analysis
tools. Hence, we have an "insiders" knowledge of business operations in both insurance
and reinsurance companies and understand the underlying problems that our products
and professional services address. We are pleased to share our experience with and
assist your organization in building the strategic business solutions of your choice.
Strategic Solutions for Facultative Business
As a lead underwriter and/or participating reinsurer of facultative business, timely
access to past premium and loss history by line of business and geographic region
is of paramount importance before committing an organization’s valuable capacity
on an individual risk. Additionally, access to historical granular risk details
would need to be made available in real time for rating comparison before a commitment
is made. The STI Team has the experience to assist your organization in designing
and deploying the strategic "data warehouse" business solutions your organization
need to manage global facultative business.
SurSITE® Reinsurance Audits
We are ready to assist your organization with reinsurance contract or program specific
audits for specific underwriting years by applying the power of the SurSITE® solution.
Thus, you do not need to purchase the software for this particular service offering
but utilize the software under a professional service engagement. We’ll work with
your internal, external or government auditors to set up the particular reinsurance
contracts to complete such an audit.
Our Experience at Your Service
In addition to solutions for facultative business, professional service engagements
may include but not be limited to design and deployment of strategic business solutions
for:
- Trend Analysis
- Expert Underwriting
- Rating Methodologies
- Reinsurance audit reviews and analysis of individual underwriting years supported
by the SurSITE® environment.