TekTree Consulting

TekTree © 2011
www.tektree.com

TekTree addresses the need for effective underwriting by focusing on key components of the underwriting process:

1. “True World” Risk Evaluation – this is our adaptive risk-driven evaluation process that uses existing Policy Management Systems data to drive an evaluation methodology that is adapted to each Insurer’s current situation.  The technologies used are resource efficient (both time and money invested) and scalable from the smallest “table-top” Insurer to the multi-national giants.

2. Risk Exposure Pricing Evaluator – this is our sophisticated Risk Component-based calculator used to evaluate pure risk-based pricing.  The results of this process are the premium due on the risk due to the risk exposures alone.  This provides the underwriter with the pure
premium of exposure.  This Evaluator is adjusted to the level of risk information that is available within each company environment and corporate culture.

3. Portfolio Risk Management – this is our policy/risk-based system that is utilized to establish the desirability of accounts within the entire Insurer’s risk portfolio.  It provides the ability to better allocate resources for renewal processing and serves as a platform for “what-if” risk portfolio changes.

4. Catastrophe Management – TekTree is one of the fewindustry members that supports a scenario-based analysis of Catastrophe Exposures.  By utilizing a multiple engine structure in our estimate calculations, TekTree’s process of CAT management can accommodate a variety of individualized underwriting and risk engineering approaches that ensures a more accurate estimate of real financial exposure to catastrophe perils.

5. Risk Balanced Reinsurance – this capability is the result of TekTree’s attention to the complete Risk Management process.  As a result of utilizing our Risk Management toolset, the approach to Reinsurance for a Risk Portfolio can be dramatically modified.  This modification can result in new approaches to Risk Transfer and Reinsurance program characteristics that protects both the Primary Carrier and those Reinsurance Facilities involved in that carriers support.

TekTree provides business services to clients, but we also addresses industry problems directly.  We create turn-key and innovative answers to common issues, problems and profit opportunities.

Basic information on some of these industry-focused products is listed this section.  Please contact us for greater details on any other industry or business issues not currently displayed here.

INDUSTRY:  Insurance – Property & Casualty

TARGET SOLUTION:  Risk Management

PRODUCT:  Insurance Risk Management Tools

PRODUCT TYPE:  CUSTOM RISK MANAGEMENT

 Policy Portfolio Risk Management

 Catastrophe Management

      Risk Balanced Reinsurance