Robust Contract Processing
Built for Complex Reinsurance Structures
PRS supports a wide range of treaty and facultative agreements for both proportional and non-proportional business, including:
Quota Share (QS) and Variable QS (VQS)
Surplus
Excess of Loss (XOL)
Catastrophe
Facultative
Stop Loss
Loss Corridors
Aggregate Limits
The Prevail Advantage
State-of-the-Art, Web-Based Technology
Improve user experience and system performance while streamlining business processes with PRS. Designed to easily integrate with existing systems such as policy, premium, and claim data sources, PRS provides an easily accessible and secure reinsurance data repository.
Fast, Powerful, Efficient
Exhaustive Processing that is Flexible and Auditable
PRS's comprehensive calculation engine manages multiple processes utilizing user-defined statistical and classification codes, business criteria, and contract attachment rules. Audit trails are used to verify and track many types of transactions, including contract and financial accounting transactions.
Automatic contract attachment
Automatic premium and loss calculations
Automated cession adjustments and audit trail
Please contact us for more information
At Prevail, we believe that a key to success in our engagements is our ability to understand the goals and expectations of our customers.
