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Proportional Account Management |
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| The GLOBAL XLPro Proportional Account Management module enables cession data to be collected and presented to the outward proportional contracts. Cessions are automatically attached to contracts according to the contract reference and statistical coding. |
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Key features include:- Cession date maintenance including:
- Capture of cession data from inwards system including extensive statistical analysis
- Input of cession data adjustments
- Automated statement of account run:
- Calculation of commission/deductions
- Calculation of profit commission including application of the deficit clause
- Input of adjustments to accounts at contract, broker or reinsurer level
- Audit reports
- Selection of accounts:
- Statement printing
- Posting to credit control
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