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Reinsurance

Placement to closing, without the spreadsheet

Reinsurance broking software that follows the placement as it actually happens — submission intake, market panel, written and signed lines, premium allocation, closings, endorsements and claims. Configured to your lines, currencies, cedants and commission structures rather than to a vendor's fixed model.

The placement is in Excel. The market approach is in email. The closing is in Word.

Most reinsurance broking operations do not run inside a system. They run across a spreadsheet that holds the panel, an inbox that holds the responses, a folder of Word templates that becomes the closing, and a broker's memory that holds the rest. It works, in the sense that deals get placed. What it costs is visibility: nobody except the broker running a placement can say where it stands, what has been signed, or what is still out.

That cost compounds. Line status drifts from what the markets actually agreed. Closings are retyped from the slip and the slip is retyped from the submission. A claim arrives and someone reconstructs which reinsurers were on the risk and at what share. Month end becomes archaeology.

Regure holds the deal as a structured record from the moment the submission arrives, and every stage after it works from that record — the placement, the premium, the closings, the endorsements and the claims.

For the underlying market concepts, see the reinsurance, cedant and slip policy glossary entries.

Submission read, not retypedCedant, insured, class, geography, period, sum insured, premium, retention and cession pulled from the document
Capacity tracked liveApproached, quoted, firm order and signed per market, with over- and under-placement flagged
Closings generatedSlip, debit note to the cedant and a credit note per reinsurer, FX-converted with the rate shown
Configured, not codedNo lines, currencies, cedants, markets or rates written into the platform — all of it is your configuration

Bring us one submission

Send a single submission and we will run it through the chain in a working session — read it, structure the deal, build the premium, place it across a panel and generate the closings.

Submission through to claims, on one record

Each stage below works from the same deal. Nothing is re-keyed between them, and every action is on the audit trail as it happens rather than reconstructed later.

01

Submission

A submission arrives as a document. It is read and turned into a structured deal — cedant, insured, class and sub-class, geography, occupation, period, currency, sum insured, premium, retention and cession — for review and correction rather than retyping. What the extraction found, and how confident it was, stays on the record.

Document extractionStructured deal recordReview before create
02

Placement and market panel

The panel sits on the deal. Each market carries its own provisional, quoted, written and signed share, moving through approached, quoted, firm order and signed — with declines recorded against a reason rather than lost in a thread. A placement queue shows the whole book at once.

Market panelWritten & signed linesDecline reasonsPlacement queue
03

Firm order and signed lines

Capacity is computed against the cession as lines come in, so the gap between what is written and what is signed is visible while it still matters. Over-placement and under-placement are flagged rather than discovered at closing.

Live capacityOver-placement flaggedSigned-line tracking
04

Premium

The cession is allocated across the markets with ceding commission and brokerage applied per market, and the totals reconcile. Where your business needs them, deposit and minimum premium, instalment schedules, profit commission, no-claims bonus and tax lines are configured too — and stay hidden for operations that do not use them.

Premium allocationCeding commission & brokerageDeposit & instalmentsProfit commission
05

Closing and documentation

The slip, the debit note to the cedant and a credit note per reinsurer are generated from the deal on your own template. Where a market settles in another currency the figure stays in the deal currency and the converted table carries the rate applied. Each generated document is recorded against the deal.

SlipDebit & credit notesMulti-currencyYour template
06

Endorsements, claims and reporting

A mid-term change re-runs the allocation for the delta and produces additional or return premium per market, with closings to match. A claim is checked against the deal automatically — inside the period of cover, against a bound cession — and allocated across reinsurers by signed share, with its own closings. Sanctions screening records sit against the parties.

Endorsement deltasClaims validationSanctions recordsBordereaux & reporting

Nothing about your market is written into the platform

No lines of business, no currencies, no cedants, no markets, no commission rates and no tax rules are hardcoded. They are your configuration — which is what makes the same platform work for operations that look nothing like each other.

Your structures

Quota share, surplus, excess of loss, facultative — the structure drives how premium is built, and the vocabulary is yours rather than a fixed list you have to map onto.

Your currencies and rates

Deal currency, settlement currency per market and the rates applied are configuration. Commission, brokerage and tax treatment follow the way your agreements are actually written.

Your documents

Slips, debit notes, credit notes and endorsement closings carry your layout and branding, not ours.

Today our implementation team does that configuration with you. We are progressively opening the same configuration surface to customer implementation managers. See how configurable workflows work.

Built for broking operations, not carrier ceded-re teams

Reinsurance brokers

Facultative and treaty broking houses placing across market panels, where the placement and the closing are the product.

Specialty intermediaries

Firms whose lines, currencies and commission structures do not fit an off-the-shelf configuration and who have been told that means custom development.

Regional broking markets

DIFC and the wider Middle East, India, Africa and London-adjacent operations working across currencies and cross-border counterparties.

What reinsurance brokers ask us

Does Regure handle both facultative and treaty business?

Yes. The structure is part of your configuration — quota share, surplus, excess of loss and facultative all work, and the premium engine builds premium according to the structure. Treaty support covers the structure, period, participations, premium mechanics, endorsements and adjustments. Layered treaty programmes with sections and declarations are not modelled today; if that is central to your book, tell us and we will scope it.

What happens to a submission when it arrives?

It is read and turned into a structured deal — cedant, insured, class and sub-class, geography, period, currency, sum insured, premium, retention and cession — which you review and correct before creating the deal. Extraction improves considerably once it has seen the formats your cedants actually send.

How is premium allocated across the market panel?

The cession is split across the markets on the deal, with ceding commission and brokerage applied per market, and the totals reconcile. Where your business uses them, deposit and minimum premium, instalments, profit commission, no-claims bonus and tax lines are configured as well.

Can it handle markets that settle in a different currency?

Yes. The figure stays in the deal currency and the converted table carries the rate applied, so a credit note to a market settling in euros shows both the deal-currency position and the conversion.

What documents does it produce?

The slip, the debit note to the cedant and a credit note per reinsurer, plus closings for endorsements and claims — generated from the deal on your own template, and recorded against the deal.

Is this a fixed product or configured per operation?

Configured. No lines of business, currencies, cedants, markets, commission rates or tax rules are written into the platform. Today our implementation team configures it with you; we are progressively opening the same surface to customer implementation managers.

Bring us one submission

A 30-minute working session on your own material. We read the submission, structure the deal, build the premium, place it across a panel and generate the closings.

Book a working session