Features of System A

CLAIMS MANAGEMENT

INSURANCE COMMISSIONS MANAGEMENT

REINSURANCE MANAGEMENT

REPORTING

FINANCIAL MANAGEMENT

PREMIUM COLLECTION AND DISBURSEMENTS

52 classes of business currently supported, covering:

• Personal lines
• Commercial lines
• Marine
• Aviation
• Contractors All Risk
• Engineering Risk
• Body Corporate
• Medical
• Various niche products

• Fully integrated policy administration including premium calculation, policy schedule, AC collection, full financial accounting including all insurer payment and commission bordereaux, debit and credit notes, Claim/Commission/Refund EFT Payments, Document management and Multi quoting facilities.
  
  • Automatic e-mailing of broker commission statements
  
  • Claims fully integrated with the policy and premium management components.
  
  • Client centric design providing total view of client’s business holdings and interactions with the organization.
  
  • Mead and Mcgrouther motor vehicle lookup fully integrated and updated monthly with new retail and trade values (dependent on license agreement with M&M)
  
  • All reporting in Excel format with “drag and drop” pivot table functionality.
  
  • Dynamic product configuration.
  
  • Business rule based design results in a highly customized end product per client.
  
  • Full policy history integrated with claims since inception.
  
  • Powerful desktop functionality allowing sending/receiving of faxes via desktop, e-mail and SMS to clients.
  
  • Online Analytical Overview of premium and claims information via data warehouse and cube structure.
  
  • Business intelligent providing Key Performance indicators throughout the organization, allowing for proactive analysis and relevant corrective action in all areas of the business.
  
  • Mail merge of all correspondence with all role players down to client level. All of which can be e-mailed or faxed to the individual.
  
  • Reinsurance management including the following:
1. Surplus and quota share treaties
2. Facultative
3. Aggregate loss (including Stoppers)
4. Recoveries from reinsurers (including netting RI premiums from claims)
5. Excess of loss treaties
   

• Dynamic claims ratios graphically available at client, broker and policy levels, with full drill down capability.

• Premuim and claims management also available for cell captives.