Treaty reinsurance is insurance purchased by an insurance company from another insurer. The company that issues the insurance is called the cedent, who passes on all the risks of a specific class of policies to the purchasing company, which is the reinsurer. Treaty reinsurance is one of the three main types of reinsurance contracts. […]
Organizations in a variety of industries are increasingly using enterprise resource planning (ERP) systems to improve decision-making, improve efficiency, and streamline operations in the rapidly shifting business landscape of today. The General Ledger module is an important component of an enterprise resource planning (ERP) system, acting as a basis for […]
Cyber security is the practice of protecting computer systems, networks, and data from digital attacks, theft, and damage. Insurance companies hold a wealth of valuable information, including social security numbers, health information, and financial data, making them prime targets for cyber criminals. As insurance firms handle a vast amount of […]
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