Reimagine Reinsurance Proportional Treaty Processing
Operational friction in proportional treaty processing creates significant resource constraints for insurers. The manual agreement and lengthy turnaround times divert highly skilled claims staff towards administrative tasks, hindering their ability to effectively manage complex risk and focus on strategic, revenue-critical claims.
Velonetic’s Proportional Treaty Express service combines Delegated Lead and technical processing of Proportional Treaties. We bring operational clarity and speed across the Lloyd’s, Company, and Non-Bureau markets.
Delivering Improved Performance
Our service is designed to remove administrative friction, accelerate cash flow, and enhance your market reputation.
Focus on the Bottom Line
We remove the administrative burden of proportional treaty statement agreement from your claims adjusters. Our process includes a full review of premiums, commissions, and brokerage, verifying that every cession complies with contractual limits and agreed terms.
Faster Payments & Movement Notices
Our speed benefits the entire value chain. Follow markets benefit from quicker notice of movements, leading to faster payments and more up-to-date claims information for all recipients.
Precision in Financial Reporting
Brokers don’t always fulfil the splitting out of the large losses from the bordereaux, which can impact financial reporting and monitoring of catastrophe losses.
Explore Our Related Claims Services
Compliment your Claims Processes with a range of our other services.
Transform Your Operations
Discover how our fees service can transform your processes and reduce friction.
