Data processing: financial – business practice – management – or co – Automated electrical financial or business practice or... – Insurance
Reexamination Certificate
2007-07-24
2007-07-24
Rudy, Andrew Joseph (Department: 3627)
Data processing: financial, business practice, management, or co
Automated electrical financial or business practice or...
Insurance
C705S037000
Reexamination Certificate
active
09682106
ABSTRACT:
A computer system and process for facilitating the administration of a facultative automatic reinsurance agreement through the generation of draft and final bordereaux. Information regarding insurance policies to be reinsured, including its terms, are entered into a database in the computer system. The terms of the insurance are compared versus reinsurance criteria which establishes the guidelines for what types of primary insurance is subject to reinsurance per the agreement. If the policy terms comply with the reinsurance criteria, information regarding the policy may be included on a draft bordereau. If the policy terms do not comply, the cedant is prompted to seek a special acceptance to allow the policy to be entitled to automatic insurance coverage.
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Reinsurance goes virtual at General Life by Greg Mac Sweeney. Insurance & Technology. New York : Dec. 1999. vol. 24, Iss. 13; p. 19, 1pgs; pp. 1-3.
Business Insurance Cedents not eager to buy online by Sally Roberts. Business Insurance. Chicago: Aug. 28, 2000. vol. 34, Iss. 35; p. 3, 3pgs; pp. 1-5.
Armstrong Teasdale LLP
Employers Reinsurance Corporation
Frenel Vanel
Rudy Andrew Joseph
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