[Search for users] [Overall Top Noters] [List of all Conferences] [Download this site]

Conference 35.181::insurance

Title:Insurance Industry Conference
Moderator:ICPSRV::DOVE
Created:Thu Feb 18 1988
Last Modified:Wed Feb 05 1997
Last Successful Update:Fri Jun 06 1997
Number of topics:136
Total number of notes:551

24.0. "P/C Claims Application" by MERIDN::RITCHIE (remember...all insurers are risk aversive!) Wed Apr 06 1988 10:43

    Dear Associates:
    
    Are any of you working with P/C claims systems.  We have an opportunity
    to respond to a major reinsurer (true Blue until now) in this
    application area.  Any thoughts, contacts, third-party products,
    etc. would be apppreciated.
    
    Thanks,
    Joe Ritchie
    @HTF
    DTN 325-1923
T.RTitleUserPersonal
Name
DateLines
24.1HOCUS::OHARAMysterious BagmanWed Apr 06 1988 14:1513
    Are you sure this is a RE-insurer? If so, claims processing at the
    re-insurance level is significantly different from a direct carrier.
    For example, the direct carrier must process each claim individually,
    match the claim to a policy, and apply loss and expense payments
    to that claim (VERY simplistic description).  Re-insurers seldom
    get involved at that level, unless the claim is VERY large.  And
    even if they do, their record keeping requirements are more summary
    and financial in nature, since they have no regulatory requirement
    to report claim stats to the state governing bodies.
    
    Call me at DTN 352-2968 if you want to discuss this further.
    
    Bob O'Hara 
24.2Grinnell Mutual ReinsuranceNCVAX1::DICKSDevil with the Blue VAXWed Apr 06 1988 17:265
    We do quite a bit of work with Grinnell Mutual Reinsurance of Grinnell,
    Iowa.  They were using some software from TLS, but I think most of
    it is home grown on their VAXcluster now.  I'd call the Des Moines
    Office to start.