OASIS Re is a comprehensive, web-based, reinsurance management system with seamless integration to the other OASIS WC components.  OASIS Re offers carriers broad and deep reinsurance capabilities for ceding premiums and losses. In addition, OASIS Re creates a wide array of reinsurance management reports, including Schedule F and Schedule P.

OASIS Re detects reinsurance based upon a series of decision tables specified by the carrier.  In the case of treaty reinsurance, it is not necessary to enter any treaty information into OASIS for a specific policy. OASIS Re performs any necessary calculations and feeds the information back into OASIS as required.

OASIS Re Features:

• Ceding engine entirely separate from the OASIS system
• Receives downloaded files and returns complete, accurate cessions
• Entirely table driven – all contract information is in tables
• 100% web based, using .Net
• Automatic retroactive re-ceding of contract changes
• Multiple, simultaneous expense rules properly handled
• Automatic reopening of old claims
• Cessions to insolvent companies are maintained in case of future recovery
• It runs on the desktop or server§ Data is returned to a database and/or to the host system
• Self-balancing
• Maintains an inception to date claim history
• Monthly snapshots of aged, earned and incurred by treaty, reinsurer, and class of business

Click here to request more information about this product