Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
The Prevail Reinsurance System (PRS) serves as a thorough and automated solution for managing reinsurance effectively. With its powerful out-of-the-box features, PRS is easy to implement and can be readily adapted to accommodate shifts in business needs. The system boasts the most sophisticated cession calculation engine available, along with automated processes that enhance reinsurance management in the industry.
Designed to boost efficiency in handling reinsurance contracts, PRS simplifies the processing of premium and claim transactions, allowing users to effortlessly reconcile and track outstanding balances. Furthermore, it accelerates the reporting of data within your organization, ensuring that all reinsurance operations and information are securely housed in one accessible system for all users. This centralized approach not only enhances collaboration but also improves overall productivity across departments.
Description
RI-TOOL is a sophisticated multi-tenant SaaS solution designed specifically for reinsurance experts to effectively document, organize, and codify treaty clauses. Each clause is represented as a directed acyclic graph (DAG) of operands, allowing for the accurate and machine-readable formalization of intricate contractual logic that traditional spreadsheets fail to deliver. The platform facilitates the entire reinsurance process across nine specialized roles, including clause drafting by Junior underwriters, validation by Senior underwriters, actuarial formalization by Actuaries, exposure graph modeling by Risk Modelers, contract creation by Managers, and statement-of-account generation by both SOA Seniors and SOA Juniors. Each tenant is provided with a dedicated workspace that comes pre-equipped with a foundational library containing standard clauses, basic DAG graphs (akin to LEGO bricks), and SOA templates that address areas such as Profit Commission and Loss Participation. Additionally, the platform features a comprehensive glossary of 298 terms available in 14 different languages, including English, French, German, and Spanish, among others. Furthermore, all documents are securely stored utilizing AES-256-GCM encryption, ensuring the utmost protection of sensitive information. This robust framework not only streamlines the workflow but also enhances collaboration among reinsurance professionals.
API Access
Has API
Yes
API Access
Has API
No
Integrations
No details available.
Integrations
No details available.
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Pricing Details
$0
Free Trial
Yes
Free Version
Yes
Deployment
Web-Based
Yes
On-Premises
Yes
iPhone App
No
iPad App
No
Android App
No
Windows
Yes
Mac
Yes
Linux
No
Chromebook
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
Yes
Live Rep (24/7)
Yes
Online Support
Yes
Customer Support
Business Hours
No
Live Rep (24/7)
No
Online Support
Yes
Types of Training
Training Docs
Yes
Webinars
Yes
Live Training (Online)
Yes
In Person
Yes
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
No
In Person
No
Vendor Details
Company Name
Prevail Consulting, Inc.
Founded
2000
Country
United States
Website
www.prevailconsulting.com
Vendor Details
Company Name
RI-TOOL
Founded
2026
Country
France
Website
ri-tool.com