StoneRiver Insurance/ Financial Solutions is a great fit for many businesses.Â Find out if it's the right choice for you!Â Are you looking for a StoneRiver Insurance/ Financial Solutions demo, technical support, product or pricing information or to simply to compare StoneRiver Insurance/ Financial Solutions with competitive options? Quickly get answers and the information you need.
FRS is designed to improve accuracy in premium calculations and to ensure that the primary carrier receives its proper recoverables. At intervals selected by the user, the system creates premium and claims cessions using the contents of contract master files, and the company’s premium and claims files.
Both facultative and treaty cessions are calculated, including quota share, excess, catastrophe excess and aggregate excess of loss. Premiums can be ceded on either a written or earned basis, and the system will handle both fixed and sliding commissions. The system allows for maximum flexibility in applying both facultative and treaty cessions, as the user can create any criteria necessary for cessions easily when the contract records are built.
"Reinsurance Administration" is part of the StoneRiver Insurance/ Financial Solutions line of products, developed by StoneRiver.