Quotation vs. confirmation
Verify that the signed slip answers what was requested, before it becomes final.
orbit treaty
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Comparison · Reinsurance
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In PoC
Two nearly identical slips. Every difference, flagged.
orbit treaty takes two reinsurance slips, sets one as the base, and checks the other criterion by criterion: premium, period, instalments, limits, deductibles, and clauses. Every difference is explained and the slip is never modified. Today it is a functional PoC definition: we say so before you ask.
orbit treaty
comparison · reinsurance
01 · Context
The problem we are solving.
The quotation slip goes out with one set of terms and the confirmation slip comes back with another: the difference can sit in the premium, the instalments, or an NMA clause on page 300 of a four-hundred-page facultative placement. Today that comparison is done by eye and, if something slips through, the cover signed is not the cover requested. orbit treaty checks both documents in full and explains every difference.
02 · What it is
orbit treaty in one sentence
A tool that sets one slip as the base document, pulls out its verifiable criteria, and validates against the second whether each one is met, partially met, or not met, with a match percentage per section and suggested wording for every difference.
03 · How it works
Four steps. No magic.
A clear, governed, auditable process, from the first datum to the result.
01
Load both slips
One is set as the base document, the one that defines what must be met, and the other as the document to validate.
02
Criteria are pulled out
The base document yields its verifiable criteria: premium, period, instalments, limits, deductibles, and clauses, each with a criticality level.
03
Every criterion is checked
Each one comes back as met, partially met, or not met, with a match percentage by section, by item, and overall.
04
Every difference is explained
The finding states what the base expected, what the reviewed document says, and exactly how they differ, with suggested wording. The analyst decides.
Functional flow · orbit treaty live
04 · What it does
Where it goes to work.
The four ways of applying the check defined for the PoC. The definition was built on a facultative placement; extending it to treaty business is yet to be proven.
Renewal vs. prior period
The incoming period's terms against the outgoing one's: exactly what moved.
Multiple reinsurer responses
What each participant in the placement returns, compared against the same base document.
Document closeout
The match percentage and the findings stay on record as evidence of the review.
05 · Benefits
What changes when you have it.
What the check is defined to deliver. The numbers will come once the PoC runs: we do not publish figures that do not exist.
Talk about the PoC1
No clause gets eyeballed
The check runs the full document, including clauses buried hundreds of pages in.
2
You know where the difference is
Every finding states what the base said, what the reviewed document says, and how they differ, not just that they do.
3
Deal breakers are kept separate
Critical criteria, such as premium and instalments, are flagged as blockers and never get lost among minor findings.
4
Your slip stays untouched
It highlights and suggests wording on the analyst's document but changes nothing: the underwriter keeps the call.
5
It leaves a record
Match percentage by section and by item documents what was reviewed and what came back.
06 · Before and after
What changes, side by side.
An honest comparison between how slips are checked today and what the orbit treaty PoC is defined to deliver.
Before / Without orbit treaty
Today's day-to-day
- ✕ Two four-hundred-page documents compared by eye
- ✕ The result depends on the analyst's eye that day
- ✕ NMA and LMA clauses buried hundreds of pages in
- ✕ The difference is discovered once it is signed
- ✕ No record of what was reviewed or what came back
After / With orbit treaty
What the PoC is defined to deliver
- ✓ The full document checked criterion by criterion
- ✓ An explicit verdict: met, partial, or not met
- ✓ Blockers kept separate from minor findings
- ✓ Every difference explained, with suggested wording
- ✓ The match percentage as the record of the review
07 · Industries
For sectors where errors are expensive.
01 / Cedants
The cover you sign is the cover you requested
02 / Reinsurance brokers
Quotation and confirmation checked per placement
03 / Reinsurers
Their responses, against the same base document
07 · Video
Let us see it in action.
The comparison registry with its match percentage, one comparison from the inside criterion by criterion, and the canonical catalog with its knock-outs. Recorded in the platform.
08 · Contact
Let's build the PoC with your slips.
In 30 minutes we walk you through where the orbit treaty functional definition stands, what a PoC run on your own slips would deliver, and what we would measure together. There is no finished product to show you today, and we would rather be the ones to tell you.
Run the discovery with rocky