Reinsurance brokers

Place and settle faster with private AI

Turn claim notices into slips, catch documents that disagree, and close every renewal before cover lapses.

Core set up for reinsurance brokers: its main screen, on demo data.

Slip generator

Draft a slip for every reinsurer.

Core reads the cedant’s notice, matches the contract and past claims, and splits the loss by each reinsurer’s share.

  • Each share shows what it matched on: reference, contract share and loss date.
  • One PDF per reinsurer, and an email draft.
  • USD and KRW sit on one slip.
A cedant’s claim notice for a property loss of USD 1,284,500 turned into five reinsurer slips, split by share from 30% to 10%, each matched on reference, share, loss date and amount, with an email draft ready.

Settlement

Keep the cedant’s figure first.

When Core’s own calculation differs from the cedant’s, even by USD 0.01, the slip keeps the cedant’s figure and shows you the difference.

  • The AI draft and your edit are saved separately.
  • You mark each slip correct or needing a fix.
  • USD and KRW sit on one slip, and bracketed figures read as negatives.
A settlement where the cedant states USD 283.36 and Core calculates USD 283.37: the slip keeps the cedant’s figure and flags the one-cent difference.

Quote request check

Catch what the documents disagree on.

Core reads the quote request, questionnaire, contract and email together, and lists each term that differs, with how serious it is.

  • Clauses are kept word for word, with their codes.
  • Target premium, commission and deadline come from the email.
  • One click turns it into a placing, closing, cover note or debit note slip.
A quote request checked against its questionnaire and contract: turnover differs in notation, the limit of liability differs and must be confirmed, the retroactive date matches. The slip type can be switched between RQ, placing, closing, cover note and debit note.

Renewals

Close each renewal before cover lapses.

Policies sort by days to expiry, from 90 days out to overdue, and each moves through six steps from broker to issued policy.

  • A gap-in-cover flag where premium timing puts cover at risk.
  • A draft email for the step you are on, in English or Korean.
  • Contacts kept by role: client, global broker and local carrier.
Renewals sorted by days to expiry: 14 within 90 days, 9 within 60, 5 within 30 and 1 overdue. A general liability renewal 12 days out is on step 3 of 6 and flagged as a gap-in-cover risk, with a step 3 email ready to draft.

Reconciliation

Tie the ledger to the slips.

Core checks settlements against the KRW ledger, finds cover notes with no booked contract, and catches references booked twice.

  • Each finding opens the slip and the ledger row behind it.
  • Changes to a record wait for a person to approve them.
Ledger checks: two settlements differ from the KRW ledger, one cover note has no booked contract, and one reference is booked twice. One settlement for Harbor Re is opened, showing a difference of USD 67.53 with its slip and ledger row.

One Core underneath.

Reinsurance brokers’s tools (Slip generator, Quote request check, Renewals, Reconciliation, Ledger questions) run on the same Core every firm uses: Ask, the Library, the map, the model, its sources and the answer log, on a machine you own or a private cloud server.

What it reads.

  • Claim notices in PDF, Outlook and Excel
  • Quote requests and questionnaires
  • Contracts and closings
  • Premium and claims ledgers
  • Cover notes and debit notes
  • Reinsurer contact sheets

Questions.

Does it send slips by itself?

No. Core drafts each slip and email, and a person approves them before anything goes out. The AI draft and the edit are kept separately.

What if the cedant’s figure differs from Core’s?

The slip keeps the cedant’s figure and flags the difference with both numbers, so you can confirm it or leave it as stated.

Which documents can it read?

Claim notices in PDF, Outlook and Excel, quote requests, questionnaires, contracts, closings, cover notes, debit notes and ledger exports, in English or Korean.

Where does it run?

On a machine you own, such as an NVIDIA DGX Spark, or on a private cloud server we run for your firm alone. The security page lists every connection Core makes.

Explore more of Core.

See it on your own documents.

Book a 30-minute demo of Core set up for reinsurance brokers.