For cedents and reinsurance brokers running on spreadsheets, email chains and a patchwork of legacy ledgers, reinsurance placement is the part of the business where money quietly leaks — uncollected recoveries, missed cession deadlines, treaty slips that don't reconcile to bordereaux. Redian's Reinsurance Placement System gives underwriting, accounts and compliance teams a single platform that handles treaty, facultative and accounting workflows end-to-end, with an audit trail every cession can be traced back through.
This is built for insurers and brokers who place real volume — multiple treaties per line of business, several reinsurers per programme, statutory regulators that want bordereaux on a defined cadence — and who have outgrown the tools that got them this far.
What it does
The platform manages the full reinsurance lifecycle from treaty setup through cession, claims recovery and reinsurer settlement. Treaties are configured once with their full structure — layers, retentions, commission scales, profit commission, sliding scales, event limits — and the system applies that structure automatically as policies bind and claims register. Facultative risks that fall outside treaty appetite move into a placement workflow where underwriters, brokers and reinsurers exchange quotes and confirmations against the same record.
Every cession, premium statement and claim recovery is reconciled against the original treaty terms, so the numbers your accounts team produces match the numbers the reinsurer's technical accountant expects.
Where it fits
We deploy this system for three buyer profiles:
- Direct insurers (cedents) — general, life and health insurers placing proportional and non-proportional programmes, typically running multiple treaties across motor, fire, marine, engineering and miscellaneous accident
- Reinsurance brokers — intermediaries managing placements for multiple cedents, who need broker-side accounting, multi-cedent statements and a clear separation of placement records
- Regional and specialty reinsurers — accepting business across India, East and West Africa, the GCC and the UK market
Most engagements sit alongside our Policy Administration System and Broker Management deployments, but the placement system runs equally well as a standalone product layered over a legacy PAS.
Core modules
Treaty management. Proportional treaties (quota share, surplus, combined), non-proportional treaties (per-risk XL, per-event XL, aggregate XL, stop loss), retrocession structures, and multi-layer programmes with reinstatement premium logic. Treaty slips are version-controlled so renewals don't overwrite the prior year's terms.
Automatic cessions. Rule-driven cession at the point of policy bind. The engine evaluates each risk against treaty scope — line of business, geography, sum insured bands, exclusions — and cedes the appropriate share in real time. Capacity is tracked per layer so underwriters see remaining treaty room before they write large risks.
Facultative placements. Structured workflow for individual risks: cession request, broker submission, reinsurer quote, terms negotiation, binding and slip issuance. Reinsurer panels are reusable across placements so the same security can be approached repeatedly with full history.
Reinsurer accounting. Premium statements, claim bordereaux, technical accounts, cash accounts, recovery processing and settlement against multiple currencies. Profit commission and sliding scale commissions are calculated on the configured cadence — quarterly, half-yearly or annually — without manual reworking.
Statutory and MIS reporting. Regulator-ready bordereaux in the formats expected by IRDAI, IRA Kenya, NAICOM, the UAE Insurance Authority and other regional regulators. Broker statements, ceding company statements, treaty performance dashboards and retention analysis are available to underwriters and reinsurance managers without going through IT.
Integration. Native links to policy administration, claims management and broker systems. Open APIs for general ledger posting, document management and external bordereaux exchange.
Why Redian
We've delivered insurance platforms for cedents and brokers across India, Kenya, Nigeria, Tanzania, the UAE and the UK — markets with very different regulatory rhythms but the same underlying placement mechanics. Redian is CMMI Level 3 appraised and ISO certified, with delivery hubs in Noida, Nairobi, Dubai, London and New York, so implementation teams sit in the same time zones as our clients' operations and regulators.
Our insurance practice combines reinsurance domain specialists, actuaries who understand treaty mathematics and engineers who have built PAS, claims and ML pricing engines for production insurers — not generalists learning the domain on your project.
Working with Redian
Most placement system engagements run 6–9 months from treaty configuration to first regulator-ready bordereaux, with phased rollouts by line of business so live placements aren't disrupted. Talk to our insurance team about your treaty structure and renewal calendar, or read how we've delivered comparable platforms in our case studies.
