Yellowblox promotes transparent information and enhances the development of partnership for long term profitable relationships and it helps cement partnership between the broker, reinsurers and ceding insurance companies.
Yellowblox is also a repository of contract history and communication with full audit trail and facilitates open communication using any source and all information formats.
Yellowblox helps to promote a better use of broker time and regulatory compliance is enhanced. There are improved turnaround times of special acceptances and Yellowblox eradicates the need for traditional methods of reporting such as fax and letter.
Multiple parties can be informed at the click of an icon and there is easy generation of claim and policy bordereaux or reports and better use/focus of monitoring counsel's time which has lead to substantial savings to re-insurers and better feedback to clients