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Case Studies

Cost Effective Reinsurance Operation for Mid-sized U.S. Regional Insurer

Aon Inpoint provided cost effective reinsurance administration helping alleviate client of staffing and personnel development challenges.

Client Situation
The client purchased a reinsurance system but was only utilizing a small portion of the overall system functionality. The time and effort required for reporting often caused delays in day-to-day reinsurance processing. Account reconciliation efforts were difficult because the client could not track open ceded recoverable balances effectively. Prior to year-end closing, the client realized they were at risk of missing accounting deadlines and sought help from Inpoint.

Aon Inpoint???s Solution

  • Provided the resources required to support the customer???s short-term needs
  • Proposed managing the client???s ceded reinsurance administration on an ongoing basis and awarded the engagement
  • Prepared a detailed project plan to transition the business
  • Converted the existing client reinsurance system to a leading system that provides additional functionality

Aon Inpoint Delivers Distinctive Client Value

  • Annually processes nearly $3 million of direct premium and over 600,000 direct claims transactions while managing nearly $100 million in ceded loss reserves
  • Provides cost effective solution
  • Provides knowledgeable team of reinsurance experts to resolve operational issues and alleviate staffing and development issues for client