Skip to content
    About Support Contact
    DE
    EN
  • Solutions
  • Technology
  • Services
  • Community
  • News and Events
  • Insights
  • Partners
  • Careers
  • About
  • Support
  • Contact

Tia Coinsurance

Simplify your coinsurance administration

Tia Coinsurance lets you simply and easily manage coinsured policies. Seamlessly integrated with Tia Policy and Claims Manager, Tia Coinsurance delivers a unique overview of the distribution of premium as well as claim costs between coinsurers. In addition to premium and claims costs, the add-on also supports different ways of coinsurance commission calculations. These range all the way from simple flat fee over percentages of coinsured premium to more complex arrangements where direct side commission (acquisition costs) are shared among coinsurers.

Tia Coinsurance gives you:

Full flexibility.

Tia Coinsurance allows you to define how premium and claims should be split between Leader and Follower in coinsurance agreements. It is possible to specify a general split on a policy level, or to apply specific split percentages on risk/cover levels for a more tailored coinsurance distribution. And where ‘out of the box’ calculations are insufficient, a custom Coinsurance algorithm can be coded to cater for specific needs.

Greater efficiency and more control.

Tia Coinsurance lets you reliably control potentially complex Coinsurance agreements by handling all calculations of premium- and claims split. The add-on
is fully integrated with Tia's Reinsurance add-on, which means that the overall platform also supports scenarios where a policy is shared with fellow coinsurers, and where the own share of premium (net of Coinsurance) is subsequently covered by a Reinsurance programme. This also allows for a more complete view of a policy, where both Coinsurance and Reinsurance are taken into consideration.

Users will like:

1. Automated calculation of premium and claims distribution

2. All aspects of insurance managed from one place

3. Great overview from a single source of data

Insurers will like:

1. Seamless, robust and safe risk management

2. Full utilisation of Tia as an end-to-end solution

Hungry for more?

We know. There’s nothing like a hard-core insurance software angle on a given subject. Get one from one of our experts at tia-support@sapiens.com.

Think of us as an ecosystem

Explore related solutions

Business Intelligence

Core Policy

Core Products

Core Claims

Tia Reinsurance

You’re probably also into

Architecture

Compliance/security

Customisation & integrations

Multi-site, multi-country

Tia Cloud

Head office

Tia Technology A/S
Bredevej 2
2830 Virum
Denmark
VAT No. DK19989348

T +45 7022 7620
E tia-support@sapiens.com

Sign up for our newsletter

Keep track of what’s happening in one of the world's largest insurance communities. Sign up for our newsletter to receive news, knowledge and inspiration related to innovations, happenings, and market outlook within the Tia Community. Further information on Tia Technology's processing of personal data is provided in our Privacy policy. A link to the policy can be found at the bottom of this page.

©Tia Technology 2022    Privacy policy    Recruitment privacy policy    Disclaimer

Artboard 1 copy 3 Artboard 1 Artboard 1 copy