Reinsurance claims processing very different than systems forprimary carriers
Since reinsurance claims processing is very different from itsprimary insurer counterpart, systems for managing reinsuranceclaims require a great deal of flexibility and adaptability.Successful platforms need to interface with multiplepolicy/underwriting and claims systems while also providing acentralized repository to document the claim cycle fromidentification to settlement.
Many primary claims systems have been developed and refined overa multitude of environments, platforms and strategies. However,systems for managing reinsurance claims are less developed andfewer in number.
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