Life Health Annuity
SurSITE® is presently being extended to provide contract management and technical
accounting specifically for health, life, and accident methods, such as additional
and/or new automated technical accounting support for these needs.
For example, in the contract management area, current support for property and casualty
lines is being adapted for individual and group life and health assurance. STI's
support for property and casualty reinsurance also positions it to easily support
health lines, due to the similarity of reinsurance contracts frameworks between
the health and Property & Casualty lines of business.
Again, the extensive and comprehensive support in information and transaction management
which Contract Management Server and Technical Accounting Management Server already
provides for the property and casualty lines of business require only minor modifications
to allow it to support life, additional accident, and health reinsurance needs.
In addition, the flexible design of the SurSITE® engine also allows the addition
of client-specific methods for optimizing utilization of this cost saving reinsurance
management solution.