Software that Navigates Today's Complex Insurance World
Cooperative Technologies is the premier provider of ceding carrier data replacement solutions. Awarded the 2024 Top Insurance Broker Solutions Provider by Insurance CIO Outlook. Cooperative Technologies seasoned industry pros work closely with our industry partners to deliver proven, standards-based applications that support replacement automation.
1035 Exchange and Transfer Solutions
The effectiveness of the traditional carrier to carrier replacement of funds process is often hindered by the fragmented nature of data within the insurance industry. Cooperative Technologies, with its 35-year history of excellence in back-office insurance solutions addresses this challenge head-on with its 1035YellowPages ceding carrier contact and replacement requirement database.​ This unparalleled 1035 Exchange Solution provides robust ceding carrier requirement and delivery details that slash not-in-good-order replacement requests and supports the IRI’s Digital First - DTCC paperless replacement automation initiatives.
Electronic access to over 3,000 ceding carrier companies’ reliable ceding carrier data enable replacement automation. From integrated order-entry platforms to new business back-office workflows, the 1035YellowPages Web Service allows insurance carriers and their partners the ability to augment any part of their existing exchange process. ESignature acceptance, DTCC Money Settlement and Paperless Replacement participation workflow triggers are some of the automation triggers that streamline replacement processing.
Eliminate exchange processing errors and delays with turnkey access to the 1035YellowPages proactively updated ceding carrier exchange and transfer information. Detailed requirements, contact data, DTCC money settlement and delivery acceptance rules help annuity and life insurance industry partners be more efficient, responsive, and customer centric. 30 years of merger, acquisition and name change tracking coupled with enhanced search logic eliminates carrier confusion and accelerates policy issue.
CT LISTBILL™ reconciliation and bill consolidation software streamlines List Bill Reconciliation. Easily create combined bills from multiple administration systems. Simplify complex reconciliations with powerful sort and search capabilities and quickly export balanced payments back to your administration systems.
