Premium
Processing Services
Willis Re offers an immediate premium processing service, covering
initial billing, monitoring and payment of premium, all in accordance
with contract terms and conditions. This service also includes
the preparation and calculation of all contract adjustments.
We are also able to offer simultaneous
calculation and reporting of reinstatement premiums with claim
settlement requests.
Pro-rata
Technical Accounting
Willis Re's expertise in handling proportional treaty business
means that our client service teams are able to offer technical
advice and support to clients with respect to the preparation
of their treaty accounts, including the calculation and apportionment
of premiums and claims.
We are skilled in the negotiation and
prompt collection of cash calls and also have considerable expertise
in the area of commutations, where we are able to offer practical
advice and assistance.
Financial
Accounting
As a truly client-focused organization, Willis Re's accounting
and settlement services reside within our client service teams,
where dedicated account controllers provide our clients with
a single point of contact for all financial and accounting issues.
Each account controller is highly trained
and must pass a rigorous test before assuming responsibility
for any accounts. They are also subject to regular reviews and
audits, which ensures ongoing compliance
with internal and external accounting regulations and guidelines.
Our account controllers are primarily responsible for maintaining
accounting ledgers and managing cash receipts and payments;
and we are able to offer either periodic or flexible production
of statements, depending on the client's preference.
Please download our Transactional Services
brochure for further information.
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