Insurers who cede risks under reinsurance agreements to reinsurers are increasingly expected to provide details of the reinsurance in a common digital format.
While many common digital formats are in use in the market, it greatly simplifies referencing as well as enabling automatic processing if a standard format is used.
WCL’s Outward Reinsurance solution is a component of our enabledAccounting service, converting retrocession information into ACORD TA and FA messages.
Documents and data can be received in CSV, MS Excel or XML format. The transformation process is itself automated and can be aligned to the retrocession contractual requirements.
For further information, please contact one of the WCL team today:
+44 (0)20 3908 3200 | firstname.lastname@example.org
Speak to our team
+44 (0)20 3908 3200 email@example.com