Premium Collection and Disbursements

SystemA enables you to manage premium billing and receipting. All policy endorsements resulting in a “premium movement” are recorded at the insured item level across all classes of insurance. Traditional monthly statements and age analysis assist in managing large annual policies.

SystemA supports all the major third party premium collectors. Full financial accounting ensures all monies collected are correctly disbursed.

With SystemA’s Premium Collections and Disbursements, you have closer control of all areas related to financials. Executive decision making is supported via real-time analysis allowing you to reduce leakage, improve controls and centrally manage and improve cash flow.

SystemA supports broker, agent and sub-agent commission structures. In addition branches, recruiters, broker consultants and appointee assignments allow you to measure these critical aspects of your business.