Treaty reinsurance — in the same workflow.
Stop managing reinsurance in a separate bordereau spreadsheet. Irys integrates treaty cession directly into the policy-admin lifecycle. Cede against treaty at bind. Export bordereau at month end. Monitor treaty limits in the dashboard.
See the Module in ActionTreaty reinsurance is usually the last workflow to get modernised.
Most small carriers have brought their quoting and FNOL workflows into modern software — but treaty reinsurance management is still a quarterly exercise: pull the bordereau spreadsheet, reconcile premiums against the policy system, and email it to the reinsurer.
That process works until you have a high-claim quarter, a mid-year treaty amendment, or an audit that requires matching every ceded policy to a specific treaty layer. At that point, the spreadsheet approach becomes a liability.
Irys tracks cession at the policy level from day one. The bordereau is generated, not compiled. Treaty limits are visible in the dashboard, not calculated.
Integrated at every layer.
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Cession at BindWhen a policy crosses the treaty threshold, cession is auto-calculated and recorded against the treaty record. No manual entry.
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Bordereau ExportExport bordereau in Lloyd's premium advice format or NAIC Annual Statement format. Monthly or quarterly reporting cycle.
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Treaty Limit MonitoringDashboard shows treaty utilisation by layer. Alert thresholds configurable. No surprises at renewal.
Generate, don't compile.
Traditional bordereau reporting requires pulling data from the policy system, formatting it to the reinsurer's template, and verifying totals. Irys generates the bordereau directly from the cession ledger.
Premium advice note in the Lloyd's bordereau standard. Includes risk reference, inception date, ceded premium, and treaty ID.
Ceded reinsurance schedule for NAIC Annual Statement Schedule F. Line-of-business breakdown, assumed vs. ceded.
Per-policy cession records with premium splits, effective dates, endorsement adjustments, and earned premium tracking.
