rm.Allocations
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
