Paragon

Whether you need to administer a live or run off portfolio, develop commutation strategies or negotiate settlements, Paragon's expertise in assumed and ceded reinsurance operations can create efficiencies for your business.

We specialize in designing customized operations solutions, from short-term administration of a single book of business to providing comprehensive, long-term support. Paragon allows you to subcontract complex reinsurance processing so you can focus on the strategic issues affecting your business.

Our expertise in processing reinsurance transactions stems from our dedicated focus on P&C reinsurance operations. Paragon's breadth and depth of experience allows us to:

Comprehend and manage the many multi-faceted reinsurance contracts that are typical in our industry today. Our ability to analyze complex reinsurance agreements provides clients with valuable insight and perspective.
Access a broad range of full-featured operational systems. We have the skills required to select the best system for each particular processing engagement, along with the expertise to translate, load and reconcile all contract provisions, as well as historical premium and loss data, on the system. By utilizing Paragon systems, clients frequently are able to avoid licensing costs.
Provide specialized skills and expertise. Many of our managers have more than 25 years of industry experience.
Create a "Best Practices" environment for every book of business by leveraging our specialized knowledge of reinsurance workflows, regulatory requirements and internal controls.
Manage the day-to-day processing of complex transactions without sacrificing accuracy, timeliness or productivity

For our outsourcing clients on an annual basis, Paragon manages approximately:

$1.2 trillion in property exposure values
$2.1 billion in ceded and assumed loss payments
$1.2 billion in ceded and assumed reserves
Over four million premium and loss transactions

You can trust Paragon to provide the right blend of expertise in a customized reinsurance solution that meets your individual needs.