FAC Console Overview
Traditionally facultative applications have been mailed or faxed between insurers and reinsurers. This was a slow and tedious process. Costs of paper for copies and faxes added up and transportation times ranged from days to even weeks.
FAC Console® is a software solution that solves these problems.
Designed for life insurance companies, FAC Console features an intuitive user interface that enables users to easily enter facultative life insurance cases and instantly submit them to multiple reinsurers with a single click. This eliminates mailing and copying costs, while improving turnaround time by leaps and bounds. Instead of taking days and possibly weeks to transmit a case, now it takes seconds thanks to cutting edge technology. In addition to this, the system goes a step farther by providing case management and reporting capabilities designed with the client's specific business in mind.