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What is RI-TOOL?
RI-TOOL is an advanced multi-tenant SaaS platform tailored for reinsurance professionals, enabling them to efficiently document, structure, and formalize treaty clauses. Each clause is represented as a directed acyclic graph (DAG) of components, which provides a precise and machine-readable representation of complex contractual logic that conventional spreadsheets cannot achieve. The system supports the entire reinsurance workflow through nine specialized roles, including clause drafting by Junior underwriters, validation by Senior underwriters, actuarial formalization by Actuaries, risk exposure modeling by Risk Modelers, contract drafting by Managers, and statement-of-account preparation by both SOA Seniors and SOA Juniors. Each user is allocated a personalized workspace that comes with a foundational library of standard clauses, basic DAG models resembling LEGO bricks, and SOA templates for areas like Profit Commission and Loss Participation. Moreover, the platform boasts an extensive glossary of 298 terms available in 14 languages, including English, French, German, and Spanish, among others. Additionally, the platform ensures the security of all documents through AES-256-GCM encryption, safeguarding sensitive data from unauthorized access. This comprehensive system not only optimizes workflow but also fosters enhanced collaboration among reinsurance experts, ultimately driving greater efficiency in the reinsurance industry. Through its innovative approach, RI-TOOL stands out as a crucial tool for modern reinsurance practices.
What is Prevail Reinsurance System (PRS)?
The Prevail Reinsurance System (PRS) functions as a comprehensive and automated tool for the efficient management of reinsurance. Featuring robust out-of-the-box capabilities, PRS is straightforward to implement and can be easily customized to meet evolving business requirements. It includes the industry's most advanced cession calculation engine and automated workflows that significantly enhance reinsurance management.
Aimed at increasing efficiency in the administration of reinsurance contracts, PRS streamlines the handling of premium and claim transactions, enabling users to seamlessly reconcile and monitor outstanding balances. Additionally, it hastens data reporting within your organization, guaranteeing that all reinsurance activities and information are securely stored in a single, user-friendly system. This centralized framework not only fosters better collaboration among teams but also amplifies overall productivity across various departments, ultimately leading to a more synchronized operational environment.
Media
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Integrations Supported
Additional information not provided
Integrations Supported
Additional information not provided
API Availability
Has API
API Availability
Has API
Pricing Information
$0
Free Trial Offered?
Free Version
Pricing Information
Pricing not provided.
Free Trial Offered?
Free Version
Supported Platforms
SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux
Supported Platforms
SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux
Customer Service / Support
Standard Support
24 Hour Support
Web-Based Support
Customer Service / Support
Standard Support
24 Hour Support
Web-Based Support
Training Options
Documentation Hub
Webinars
Online Training
On-Site Training
Training Options
Documentation Hub
Webinars
Online Training
On-Site Training
Company Facts
Organization Name
RI-TOOL
Date Founded
2026
Company Location
France
Company Website
ri-tool.com
Company Facts
Organization Name
Prevail Consulting, Inc.
Date Founded
2000
Company Location
United States
Company Website
www.prevailconsulting.com