Premium Allocation


rm.Allocations is a centralized web software that standardizes the administration and automates the Allocation of insurance program Premiums and Fees across various business units and departments.

Application Features:
  • Automates and streamlines the allocation, assessment, and administration of Premiums and Fees associated with insurance products
  • Apply custom formulas and inputs across multiple Programs, Product Lines, and/or Business Units
  • Scenario test results of allocations prior to release – revise and retest as needed
  • Integrated FX management enables the submission, conversion, and administration of 82 global currencies
  • Comprehensive record of activities and communications between stakeholders
  • Integrated ad-hoc reporting provides real-time access to values, process analytics, and performance trends