FAQ
TejRe is a web-based SaaS platform which enables automatic and quick placement of facultative reinsurance transactions.
- Presently the platform offers the lines of Property, Business Interruption, Construction All Risk and Erection All Risk
- Marine forms are under development
- In the future, Liability forms will also be introduced on the platform
It allows participating insurers to exchange underwriting capacities by providing automatic reciprocal reinsurance through pre-defined minimum level agreements.
No. The reinsurance placement will be done as per the capacity commitments of each participant at the time of setting up the platform.
TejRe is an InsureTech platform. It does not provide the services of a reinsurance broker
No. TejRe does not manage the collection and distribution of monies.
Contact us on [insert email ID] and we will take you through the process of registration with us.
The platform can be used for placement of facultative proportional reinsurance transactions. These transactions can be further modified or cancelled. The platform also provides support on claim intimation and document handling.
Absolutely not. Please send an email to [insert email ID] and we will be more than happy to arrange a presentation about us.
TejRe is an independent platform which is deployed over cloud.
Yes. We provide online training to induct insurance companies on the platform followed by a testing period. We also provide remote assistance during the initial set-up phase.
No specific integration is required to use TejRe platform. It works from the cloud so all you need is a good internet connection and a browser.
No, presently TejRe is a web-based application only and cannot be accessed via hand-held device.
Currently, the platform is available only in the English language.
Yes. The support is available 24X7.
TejRe platform is routinely auto updated and with every updation you will receive a notification.
The platform is available 24X7 without interruption.
No. It is absolutely flexible. You can join and leave anytime. However, since the platform involves reinsurance transactions, the commitment on the contracts signed before leaving the platform will run their natural course with attached liabilities and performances.
No. There are no such limitations. However, if there is any breach of condition by any member, then the platform can block such member from participating in any future transactions.
No. We are presently incorporated in India.
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The constituent Management Committee will arbitrate the disputes. Any unsettled disputes can then follow the usual legal process of the country.
Fee is based on per transaction basis. Let us talk more to discover how TejRe works.
Yes. All data on the platform is encrypted.
Yes. However, it may require Management Committee’s approval in certain cases.
No. You will have to cancel and re-enter the entire transaction.
Settlement of accounts would be through weekly or monthly bordereaux system, as per decisions of The Management Committee.
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