Whether the result of inadvertent oversights or more complex miscues, reinsurance processing errors cost insurance companies
millions of dollars each year. As an independent company formed in 1998, Reinsurance Results, Inc. specializes in the identification
and recovery of overpaid reinsurance premium and under-ceded reinsurance loss.
Companies that typically benefit
from our service have reinsurance programs that:
- Blend a variety of reinsurance contracts with multiple lines
of business.
- Experienced staffing or reinsurance market changes over the years.
- Require processing
of premium and loss by policy such as facultative, coded excess or surplus share type reinsurance arrangements.
For
small to medium sized insurance companies, our reviews are typically completed with just one short visit to your office. In
order to limit unnecessary interruption to your company’s operations, we utilize data previously developed for Annual
Statements, reinsurance renewals, and reporting correspondence to generate our report.
For the larger insurance
company, we typically target specific lines of businesses or types of reinsurance programs to review. This enables a project
to be completed within a predictable timeframe. Our data procurement and analysis is combined with on-site research and review
in order to maximize the reinsurance recoveries. Throughout this process we always seek to limit the amount of time and resources
required of our clients.
Our service is designed to make the decision to engage us easier. Accordingly, our fees
are tied directly to the funds actually collected by our clients as a result of the review.
We encourage you to
review the additional information provided on our Website and to contact me with any questions you may have regarding how
Reinsurance Results, Inc. may benefit your company.
Thomas N. Thompson, CPCU, ARe
President & Chief Executive
Officer
