Treaty, Data & Compliance Review Services

We perform in-depth treaty system data reviews to uncover
errors and inconsistencies that could be causing significant financial impact

The most common errors and discrepancies we've uncovered during treaty reviews:


Incorrect System Factor & Allowance Set Up

Cessions Ceded to Incorrect Treaty Codes

Incorrect Application of Banding Rules

Incorrect Treaty Interpretation and Set Up

Incorrect Retention Set Up

Incorrect Issue Age Basis


 

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Discover 6 real treaty system errors that have cost companies significant financial impact.

When do you need a Treaty Review?

Acquiring New Block of Business

Perform due diligence and full review of the block of business to gain understanding and reduce administration risk and oversight leading to potential financial impact.

Preparing for an Audit

Whether you are being audited or conducting an audit you'll gain a comprehensive view of all treaties across the specified block of business.

Converting Your Reinsurance System

Eliminate the headache of a heavily manual processes. Reduce the risk of data mapping errors and converting ‘bad’ data at time of conversion.

Implementing New Quality Controls

Have up to date and accurate internal documentation such as treaty summaries and processes in place to meet standards and manage risks.

Experiencing Financial Fluctuations

Identify source of error and financial discrepancies. Gain full insight into current financial landscape and understand drivers to ensure accurate and efficient processing in the future.

Our Review Methodology

LOGIQ3 TREATY REVIEW METHODOLOGY

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Road to Recovery

After completing the review, we provide a road to recovery plan to improve inconsistencies and fix errors, ultimately reducing the risk of future financial impact.

On request, we can also provide support in managing and executing the system clean-up and corrections uncovered during the assessment phase.

Download our case study to see how companies like yours have found success with our treaty review services.

Download Case Study

 

Our Team Delivers Results

300+

TREATIES REVIEWED BY OUR EXPERTS

3.2M

CESSIONS REVIEWED

$8.8M

EST. FINANCIAL IMPACT UNCOVERED

20K+

EXCEPTIONS IDENTIFIED
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