{"id":508252,"date":"2021-06-30T09:03:42","date_gmt":"2021-06-30T13:03:42","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/tailaunches-first-of-its-kind-digitization-offering-tai-treaty-transforming-reinsurance-treaty-management-for-life-insurers-globally\/"},"modified":"2021-06-30T09:03:42","modified_gmt":"2021-06-30T13:03:42","slug":"tailaunches-first-of-its-kind-digitization-offering-tai-treaty-transforming-reinsurance-treaty-management-for-life-insurers-globally","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/tailaunches-first-of-its-kind-digitization-offering-tai-treaty-transforming-reinsurance-treaty-management-for-life-insurers-globally\/","title":{"rendered":"TAILaunches First-of-its-Kind Digitization Offering, TAI Treaty, Transforming Reinsurance Treaty Management for Life Insurers Globally"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwuline { text-decoration: underline }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b><span class=\"bwuline\">TAI<\/span><\/b><span class=\"bwuline\" \/><b><span class=\"bwuline\">Launches First-of-its-Kind Digitization Offering, TAI Treaty, Transforming Reinsurance Treaty Management for Life Insurers Globally<\/span><\/b><\/p>\n<p>MOKENA, Ill.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.taire.com%2F&amp;esheet=52453434&amp;newsitemid=20210630005343&amp;lan=en-US&amp;anchor=TAI&amp;index=1&amp;md5=839cb656f4a8e0cd2526cfa02e55b9e8\">TAI<\/a> (Tindall Associates, Inc.), a leading provider of reinsurance administration software and services, today announced the launch of <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.taire.com%2Ftreaty-digitization&amp;esheet=52453434&amp;newsitemid=20210630005343&amp;lan=en-US&amp;anchor=TAI+Treaty&amp;index=2&amp;md5=cb7765d09c4ac84549022ab13fd8186f\">TAI Treaty<\/a>, a revolutionary digital solution for treaty management. TAI Treaty leverages SortSpoke, a breakthrough data extraction technology that uses machine learning to turn documents into data.\n<\/p>\n<p id=\"news-body-cta\">This press release features multimedia. View the full release here: <a href=\"https:\/\/www.businesswire.com\/news\/home\/20210630005343\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20210630005343\/en\/<\/a><\/p>\n<div id=\"bwbodyimg\" style=\"width: 480px;float:left;padding-left:0px;padding-right:20px;padding-top:0px;padding-bottom:0px\"><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20210630005343\/en\/888807\/4\/Navy_Full_Colour_webready.jpg\" alt=\"TAI Logo\" \/><\/p>\n<p style=\"font-size:85%\">TAI Logo<\/p>\n<\/div>\n<p>\nTAI Treaty is a unique offering not currently available anywhere in the market that will allow life insurers and reinsurers to effortlessly digitize, store, search, and export key treaty data. \u200bTAI Treaty produces a data warehouse containing all treaties, amendments, and related documents\u200b, and provides search functionality to easily navigate and export information\u200b.\n<\/p>\n<p>\n\u201cThe digitization of the reinsurance treaty data is a giant leap forward in solving a difficult problem that exists in the reinsurance ecosystem today,\u201d said Tom Freitas, CEO, TAI. \u201cOver the course of my career, accessing treaty information has been time-consuming, expensive, and non-repeatable. As an industry we have only made incremental progress in addressing this gap, so I am extremely excited about this new product.\u201d\n<\/p>\n<p>\n\u201cTAI&#8217;s global team are experts at interpreting complex insurance and reinsurance treaties. It was rewarding to see SortSpoke&#8217;s artificial intelligence (AI) learn from their expertise to deliver faster results to customers,\u201d said Jasper Li, CEO, SortSpoke. \u201cOur thanks to TAI&#8217;s leadership for seeing the potential of AI and for being at the forefront of applying it to the insurance industry.\u201d\n<\/p>\n<p>\nFor nearly 40 years, TAI has served the life insurance industry specializing in reinsurance administration software and, more recently, adding reinsurance services to expand their suite of offerings. Through the TAI platform, clients can administer and self-report all reinsurance business, both ceded, reinsured, and retroceded, in an electronic format to share with their reinsurance partners.\n<\/p>\n<p>\nTAI is part of the <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.rgax.com%2Frgax-transformation-partner-focused-on-insurance-innovation&amp;esheet=52453434&amp;newsitemid=20210630005343&amp;lan=en-US&amp;anchor=RGAX&amp;index=3&amp;md5=4a359c3cd9a8d48f0757fdee20b0e300\">RGAX<\/a> family of companies, which includes a comprehensive suite of solutions for the global insurance and reinsurance sector.\n<\/p>\n<p>\nFor more information about TAI, visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.taire.com&amp;esheet=52453434&amp;newsitemid=20210630005343&amp;lan=en-US&amp;anchor=www.taire.com&amp;index=4&amp;md5=f65af6adf798e6d13f4f077cf7541e84\">www.taire.com<\/a>.\n<\/p>\n<p><b>About TAI <\/b><\/p>\n<p>\nTAI is the market leader in life reinsurance systems in North America with clients in the United States, Bermuda, the Caribbean, United Kingdom, South Africa, and Hong Kong. TAI is focused on simplifying reinsurance administration through software and service solutions. TAI Software automates reinsurance administration for life, annuity and longevity business and TAI Services helps identify and solve areas of reinsurance risk. Over 90% of the top insurers in North America, by life face amount issued, trust TAI software for their life reinsurance administration.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210630005343r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20210630005343\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20210630005343\/en\/<\/a><\/span><\/p>\n<p>\nLizzie Curry<br \/>\n<br \/>Director, Public Relations<br \/>\n<br \/>636-736-8521<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:lizzie.curry@rgare.com\">lizzie.curry@rgare.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> Illinois United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Software Technology Professional Services Insurance<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Photo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20210630005343\/en\/888807\/3\/Navy_Full_Colour_viewimage.jpg\" alt=\"Photo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\">TAI Logo<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>TAILaunches First-of-its-Kind Digitization Offering, TAI Treaty, Transforming Reinsurance Treaty Management for Life Insurers Globally MOKENA, Ill.&#8211;(BUSINESS WIRE)&#8211;TAI (Tindall Associates, Inc.), a leading provider of reinsurance administration software and services, today announced the launch of TAI Treaty, a revolutionary digital solution for treaty management. TAI Treaty leverages SortSpoke, a breakthrough data extraction technology that uses machine learning to turn documents into data. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20210630005343\/en\/ TAI Logo TAI Treaty is a unique offering not currently available anywhere in the market that will allow life insurers and reinsurers to effortlessly digitize, store, search, and export key treaty data. \u200bTAI Treaty produces a data warehouse containing all treaties, amendments, and related documents\u200b, and provides search &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/tailaunches-first-of-its-kind-digitization-offering-tai-treaty-transforming-reinsurance-treaty-management-for-life-insurers-globally\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;TAILaunches First-of-its-Kind Digitization Offering, TAI Treaty, Transforming Reinsurance Treaty Management for Life Insurers Globally&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-508252","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>TAILaunches First-of-its-Kind Digitization Offering, TAI Treaty, Transforming Reinsurance Treaty Management for Life Insurers Globally - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/tailaunches-first-of-its-kind-digitization-offering-tai-treaty-transforming-reinsurance-treaty-management-for-life-insurers-globally\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"TAILaunches First-of-its-Kind Digitization Offering, TAI Treaty, Transforming Reinsurance Treaty Management for Life Insurers Globally - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"TAILaunches First-of-its-Kind Digitization Offering, TAI Treaty, Transforming Reinsurance Treaty Management for Life Insurers Globally MOKENA, Ill.&#8211;(BUSINESS WIRE)&#8211;TAI (Tindall Associates, Inc.), a leading provider of reinsurance administration software and services, today announced the launch of TAI Treaty, a revolutionary digital solution for treaty management. TAI Treaty leverages SortSpoke, a breakthrough data extraction technology that uses machine learning to turn documents into data. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20210630005343\/en\/ TAI Logo TAI Treaty is a unique offering not currently available anywhere in the market that will allow life insurers and reinsurers to effortlessly digitize, store, search, and export key treaty data. \u200bTAI Treaty produces a data warehouse containing all treaties, amendments, and related documents\u200b, and provides search &hellip; Continue reading &quot;TAILaunches First-of-its-Kind Digitization Offering, TAI Treaty, Transforming Reinsurance Treaty Management for Life Insurers Globally&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/tailaunches-first-of-its-kind-digitization-offering-tai-treaty-transforming-reinsurance-treaty-management-for-life-insurers-globally\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-06-30T13:03:42+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mms.businesswire.com\/media\/20210630005343\/en\/888807\/4\/Navy_Full_Colour_webready.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/tailaunches-first-of-its-kind-digitization-offering-tai-treaty-transforming-reinsurance-treaty-management-for-life-insurers-globally\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/tailaunches-first-of-its-kind-digitization-offering-tai-treaty-transforming-reinsurance-treaty-management-for-life-insurers-globally\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"TAILaunches First-of-its-Kind Digitization Offering, TAI Treaty, Transforming Reinsurance Treaty Management for Life Insurers Globally\",\"datePublished\":\"2021-06-30T13:03:42+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/tailaunches-first-of-its-kind-digitization-offering-tai-treaty-transforming-reinsurance-treaty-management-for-life-insurers-globally\\\/\"},\"wordCount\":489,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/tailaunches-first-of-its-kind-digitization-offering-tai-treaty-transforming-reinsurance-treaty-management-for-life-insurers-globally\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mms.businesswire.com\\\/media\\\/20210630005343\\\/en\\\/888807\\\/4\\\/Navy_Full_Colour_webready.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/tailaunches-first-of-its-kind-digitization-offering-tai-treaty-transforming-reinsurance-treaty-management-for-life-insurers-globally\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/tailaunches-first-of-its-kind-digitization-offering-tai-treaty-transforming-reinsurance-treaty-management-for-life-insurers-globally\\\/\",\"name\":\"TAILaunches First-of-its-Kind Digitization Offering, TAI Treaty, Transforming Reinsurance Treaty Management for Life Insurers Globally - 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TAI Treaty leverages SortSpoke, a breakthrough data extraction technology that uses machine learning to turn documents into data. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20210630005343\/en\/ TAI Logo TAI Treaty is a unique offering not currently available anywhere in the market that will allow life insurers and reinsurers to effortlessly digitize, store, search, and export key treaty data. \u200bTAI Treaty produces a data warehouse containing all treaties, amendments, and related documents\u200b, and provides search &hellip; Continue reading \"TAILaunches First-of-its-Kind Digitization Offering, TAI Treaty, Transforming Reinsurance Treaty Management for Life Insurers Globally\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/tailaunches-first-of-its-kind-digitization-offering-tai-treaty-transforming-reinsurance-treaty-management-for-life-insurers-globally\/","og_site_name":"Market Newsdesk","article_published_time":"2021-06-30T13:03:42+00:00","og_image":[{"url":"https:\/\/mms.businesswire.com\/media\/20210630005343\/en\/888807\/4\/Navy_Full_Colour_webready.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/tailaunches-first-of-its-kind-digitization-offering-tai-treaty-transforming-reinsurance-treaty-management-for-life-insurers-globally\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/tailaunches-first-of-its-kind-digitization-offering-tai-treaty-transforming-reinsurance-treaty-management-for-life-insurers-globally\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"TAILaunches First-of-its-Kind Digitization Offering, TAI Treaty, Transforming Reinsurance Treaty Management for Life Insurers Globally","datePublished":"2021-06-30T13:03:42+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/tailaunches-first-of-its-kind-digitization-offering-tai-treaty-transforming-reinsurance-treaty-management-for-life-insurers-globally\/"},"wordCount":489,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/tailaunches-first-of-its-kind-digitization-offering-tai-treaty-transforming-reinsurance-treaty-management-for-life-insurers-globally\/#primaryimage"},"thumbnailUrl":"https:\/\/mms.businesswire.com\/media\/20210630005343\/en\/888807\/4\/Navy_Full_Colour_webready.jpg","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/tailaunches-first-of-its-kind-digitization-offering-tai-treaty-transforming-reinsurance-treaty-management-for-life-insurers-globally\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/tailaunches-first-of-its-kind-digitization-offering-tai-treaty-transforming-reinsurance-treaty-management-for-life-insurers-globally\/","name":"TAILaunches First-of-its-Kind Digitization Offering, TAI Treaty, Transforming Reinsurance Treaty Management for Life Insurers Globally - 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