AI Reinsurance Agreement Analysis
AI Reinsurance Agreement Analysis
Manage risk at the highest level
Manage risk at the highest level
V7 Go's agent automates the review of complex reinsurance treaties and slips, extracting critical cession data and risk clauses to help insurers manage their portfolio risk and optimize capital.
What is it
What is it
Managing Systemic Insurance Risk
A reinsurance agreement is a contract where an insurer transfers a portion of its risk to another insurer. Analyzing these is key to managing a carrier's solvency.
How is it solved today?
Specialized reinsurance teams manually read dense treaties to extract and track complex terms a slow process that creates risk if misinterpreted.
How is it solved today?
Specialized reinsurance teams manually read dense treaties to extract and track complex terms a slow process that creates risk if misinterpreted.
How is it solved today?
Specialized reinsurance teams manually read dense treaties to extract and track complex terms a slow process that creates risk if misinterpreted.
Why V7 Go
V7 Go's specialized agent reads any reinsurance treaty or slip extracting all critical terms and cession data into a structured format for analysis.
Why V7 Go
V7 Go's specialized agent reads any reinsurance treaty or slip extracting all critical terms and cession data into a structured format for analysis.
Why V7 Go
V7 Go's specialized agent reads any reinsurance treaty or slip extracting all critical terms and cession data into a structured format for analysis.
Time comparison
Time comparison
Time comparison
Traditional way
4-8 hours per treaty
4-8 hours per treaty
With V7 Go agents
15 minutes
15 minutes
Average time saved
95%
95%
Why V7 Go
Analyze reinsurance treaties, slips, and facultative certificates.
Extract cession details, liability limits, and key clauses.
Workflow
Workflow
Import your files
SAP FS-RI
,
Tysys
,
SharePoint
Reinsurance Treaties (Pro-rata & Excess of Loss)
Reinsurance Treaties (Pro-rata & Excess of Loss)
Reinsurance Treaties (Pro-rata & Excess of Loss)
Facultative Certificates
Facultative Certificates
Facultative Certificates
Reinsurance Slips
Reinsurance Slips
Reinsurance Slips
Cover Notes
Cover Notes
Cover Notes
Reinsurance Addenda
Reinsurance Addenda
Reinsurance Addenda
Loss Bordereaux
Loss Bordereaux
Loss Bordereaux
Type of Reinsurance (e.g., Quota Share)
Type of Reinsurance (e.g., Quota Share)
Type of Reinsurance (e.g., Quota Share)
Cession Percentage & Retention
Cession Percentage & Retention
Cession Percentage & Retention
Liability Limits
Liability Limits
Liability Limits
Premium & Commission Rates
Premium & Commission Rates
Premium & Commission Rates
Key Clauses (e.g., Claims Control)
Key Clauses (e.g., Claims Control)
Key Clauses (e.g., Claims Control)
Exclusions
Exclusions
Exclusions
Inuring Reinsurance
Inuring Reinsurance
Inuring Reinsurance
Arbitration & Governing Law
Arbitration & Governing Law
Arbitration & Governing Law
List of Reinsurers & Shares
List of Reinsurers & Shares
List of Reinsurers & Shares
Effective & Expiration Dates
Effective & Expiration Dates
Effective & Expiration Dates
Why V7 Go
Why V7 Go
Automated Term Extraction
Accurately extract key terms including ceding commissions, loss corridors, retention levels, and event limits from any treaty or slip.
Automated Term Extraction
Accurately extract key terms including ceding commissions, loss corridors, retention levels, and event limits from any treaty or slip.
Automated Term Extraction
Accurately extract key terms including ceding commissions, loss corridors, retention levels, and event limits from any treaty or slip.
Clause & Exclusion Analysis
Identify and categorize critical clauses such as 'follow the fortunes', arbitration, and specific coverage exclusions.
Clause & Exclusion Analysis
Identify and categorize critical clauses such as 'follow the fortunes', arbitration, and specific coverage exclusions.
Clause & Exclusion Analysis
Identify and categorize critical clauses such as 'follow the fortunes', arbitration, and specific coverage exclusions.
Participant & Share Tracking
Extract the complete schedule of all participating reinsurers and their respective shares of the risk.
Participant & Share Tracking
Extract the complete schedule of all participating reinsurers and their respective shares of the risk.
Participant & Share Tracking
Extract the complete schedule of all participating reinsurers and their respective shares of the risk.
Faster Renewals
Create a standardized database of terms across all your reinsurance treaties, enabling portfolio-wide analysis of risk concentrations.
Faster Renewals
Create a standardized database of terms across all your reinsurance treaties, enabling portfolio-wide analysis of risk concentrations.
Faster Renewals
Create a standardized database of terms across all your reinsurance treaties, enabling portfolio-wide analysis of risk concentrations.
Faster Renewals
Accelerate the renewal process by quickly analyzing proposed changes and comparing new terms against expiring agreements.
Faster Renewals
Accelerate the renewal process by quickly analyzing proposed changes and comparing new terms against expiring agreements.
Faster Renewals
Accelerate the renewal process by quickly analyzing proposed changes and comparing new terms against expiring agreements.
Audit & Compliance Support
Generate auditable, sourced reports of your reinsurance program's terms to satisfy regulators and rating agencies.
Audit & Compliance Support
Generate auditable, sourced reports of your reinsurance program's terms to satisfy regulators and rating agencies.
Audit & Compliance Support
Generate auditable, sourced reports of your reinsurance program's terms to satisfy regulators and rating agencies.
V7 Go
V7 Go
V7 Go
AI-powered reinsurance management
AI-powered reinsurance management
for cedents and reinsurers
Reinsurance agreements are some of the most complex and high-stakes contracts in the financial world. Ceded reinsurance teams manually review dense, jargon-filled treaties to extract key terms, a process that is incredibly slow and carries significant risk if a single cession percentage or exclusion clause is misinterpreted. This manual work makes it difficult to get a clear, aggregate view of a company's reinsurance protection.
Ceded Reinsurance Teams
Automate the analysis of your reinsurance contracts to accurately track terms, manage renewals, and get a clear view of your risk transfer program.
Ceded Reinsurance Teams
Automate the analysis of your reinsurance contracts to accurately track terms, manage renewals, and get a clear view of your risk transfer program.
Ceded Reinsurance Teams
Automate the analysis of your reinsurance contracts to accurately track terms, manage renewals, and get a clear view of your risk transfer program.
Reinsurance Underwriters
Quickly review submission slips and treaty proposals to accelerate quoting and ensure all terms are accurately captured in your system.
Reinsurance Underwriters
Quickly review submission slips and treaty proposals to accelerate quoting and ensure all terms are accurately captured in your system.
Reinsurance Underwriters
Quickly review submission slips and treaty proposals to accelerate quoting and ensure all terms are accurately captured in your system.
Delegate reinsurance treaty analysis
Delegate reinsurance treaty analysis
to a specialized insurance AI agent
to a specialized insurance AI agent
Automated Term Extraction
Accurately extract key terms including ceding commissions loss corridors retention levels and event limits from any treaty or slip.
Participant & Share Tracking
Extract the complete schedule of all participating reinsurers and their respective shares of the risk.
More agents
Next steps
Get a clear picture of your reinsurance program.
Let's talk
You’ll hear back in less than 24 hours
Next steps
Get a clear picture of your reinsurance program.
Let's talk
Next steps
Get a clear picture of your reinsurance program.
Let's talk
You’ll hear back in less than 24 hours
FAQ
FAQ
FAQ
Have questions?
Find answers.
What is a reinsurance agreement?
It's a contract where one insurance company (the reinsurer) agrees to indemnify another insurance company (the ceding company) against all or part of the loss that it may sustain under the policies it has issued.
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What is a reinsurance agreement?
It's a contract where one insurance company (the reinsurer) agrees to indemnify another insurance company (the ceding company) against all or part of the loss that it may sustain under the policies it has issued.
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What is a reinsurance agreement?
It's a contract where one insurance company (the reinsurer) agrees to indemnify another insurance company (the ceding company) against all or part of the loss that it may sustain under the policies it has issued.
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How is this different from analyzing a standard insurance policy?
Reinsurance agreements are contracts 'between' insurers and use highly specialized terminology (e.g., 'cession', 'retention', 'loss corridors') that a general policy analysis agent would not understand.
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How is this different from analyzing a standard insurance policy?
Reinsurance agreements are contracts 'between' insurers and use highly specialized terminology (e.g., 'cession', 'retention', 'loss corridors') that a general policy analysis agent would not understand.
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How is this different from analyzing a standard insurance policy?
Reinsurance agreements are contracts 'between' insurers and use highly specialized terminology (e.g., 'cession', 'retention', 'loss corridors') that a general policy analysis agent would not understand.
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Can it handle both treaty and facultative reinsurance?
Yes, the agent is trained to understand the structure and terms of both treaty reinsurance (covering a portfolio of risks) and facultative reinsurance (covering a single specific risk).
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Can it handle both treaty and facultative reinsurance?
Yes, the agent is trained to understand the structure and terms of both treaty reinsurance (covering a portfolio of risks) and facultative reinsurance (covering a single specific risk).
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Can it handle both treaty and facultative reinsurance?
Yes, the agent is trained to understand the structure and terms of both treaty reinsurance (covering a portfolio of risks) and facultative reinsurance (covering a single specific risk).
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What about different formats, like slips vs. full treaties?
The agent can process both summary 'slips' used in the market and the full, formal treaty wording, extracting relevant data from whichever document is provided.
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What about different formats, like slips vs. full treaties?
The agent can process both summary 'slips' used in the market and the full, formal treaty wording, extracting relevant data from whichever document is provided.
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What about different formats, like slips vs. full treaties?
The agent can process both summary 'slips' used in the market and the full, formal treaty wording, extracting relevant data from whichever document is provided.
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Who is this agent designed for?
It's built for ceded reinsurance departments at insurance companies, reinsurance brokers, and the specialty underwriters at reinsurance companies.
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Who is this agent designed for?
It's built for ceded reinsurance departments at insurance companies, reinsurance brokers, and the specialty underwriters at reinsurance companies.
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Who is this agent designed for?
It's built for ceded reinsurance departments at insurance companies, reinsurance brokers, and the specialty underwriters at reinsurance companies.
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How does this help in a catastrophe event?
It allows a company to instantly query its entire reinsurance program to understand which reinsurers are on the hook for a specific event and how much coverage is available across all layers.
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How does this help in a catastrophe event?
It allows a company to instantly query its entire reinsurance program to understand which reinsurers are on the hook for a specific event and how much coverage is available across all layers.
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How does this help in a catastrophe event?
It allows a company to instantly query its entire reinsurance program to understand which reinsurers are on the hook for a specific event and how much coverage is available across all layers.
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