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Insurance Solutions


Module: Policy Administration

Major Transactions
  • GUI easy to use
  • Simple to configure: rules and workflow
  • All transaction
  • All-line and All-state rating engine
  • New business Transactions
  • Endorsements-Including Out of Sequence
  • Cancellations
  • Reinstatements
  • Renewals
  • Audit
  • Shortens the period for insurance companies to market their new insurance products
  • Greatly enhancing the efficiency of customer service
  • Enhanced degree of automation in policy processing.

  • All P&C Lines


    Features Reports
    Company Specific Policy Detail Screens and Data Entry
    Company-Specific Rates and Formulas
    Company-Specific Underwriting
    Company-Specific Forms
    On-Line, One-Step: rating, Underwriting, Issuance and Billing
    One-Step, Out-of-Sequence Endorsement Processing
    Fully Integrated Policy Detail, premiums, Billings and Claims
    Immediate Updating and Viewing of Processes records
    New business
    Manual Renewal
    Automated Renewal
    Manual Cancellation
    Automatic Cancellation for Non-Payment
    Manual Reinstatement of Cancellation
    Policy Correction
    Submission tracking for All Applicable Transactions
    Out of Sequence Processing for All Applicable transactions

    State Specific:
    Rates and Factors
    Underwriting Guidelines
    Edits and Required Fields
    Taxes and Fees

    Premium Accounting:
    Online Executive Level Summary
    Full-Term, Written, Earned, Future at Line, Policy, Coverage, MP Levels

    Agency module:
    Agency Maintenance
    Commission on Written Premium
    Commissions on Paid Premium

    Custom Report Writer
    Full Data Dictionary
    Policy Reports
    Claims Reports
    Management Reports

    Agency module:
    Agency Maintenance
    Commission on Written Premium
    Commissions on Paid Premium

    Configuration & Maintenance:
    User maintainable System tables
    Security profiles
    Feature Lockout
    Agent Dial-Up
    Claim payment and reserve Authority Levels

    End Of Period:
    End of Day
    Daily Written & Earned premium Calculation
    Activate Future Policies and premium
    Activate Future Installments
    End of Month
    Monthly Written & Earned premium Calculation
    End of year


    Home > Solutions:
          Policy Administration
        Claim Processing
         Agency Management
          Workflow Management
    Insurance Standards Support & Affiliations


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