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The INSolve Policy Administration Suite
Consider the INSolve Policy Administration Suite (IPAS) as the Power Behind the Premium. Not only is it customizable to your line of business but also provides an exceptional means for company growth.
Interested in learning more about IPAS? Have your team drop us a line today. We’ll get you all the details and show you why it’s the right choice. [Contact INSolve to learn more]
Features include:
- Detailed Easy Quoting—The ability to provide instant quotes. Complete user control ensures your data is entered quickly, safely and accurately. With a few simple steps an application can be rated and quoted without having to re-enter any information, ensuring accuracy each and every time.
- Real Rules Based Underwriting—The high-performance rating and underwriting engine uses internal based rules to ensure all premiums are accurately calculated based on the rates and rules you define. You are in control without costly third party management or consulting fees. Get the right rate every time.
- Complete Policy Issuance—Produce your own declarations, policy forms, and schedules in seconds. The days of hand assembling forms or entering data into a third party software package are gone forever. [Contact INSolve to learn more]
- Immediate Qualified Endorsements—Generate endorsements, their associated forms and new declaration pages with ease and efficiency, even if you chose to manually rate the policy.
- Improved Data Integrity and Consolidation—IPAS uses a one-time data entry mechanism to effectively manage and reduce human error. Thorough checks and balances performed at the data entry stage ensures all information is accurately captured and stored within one central data location. [Contact INSolve to learn more]
- On-Time Renewals—Renew a policy with as a little effort as a few button clicks. Produce updated renewal applications and quotes for your customers, taking into account all endorsements. All policy forms are pre-filled with the prior policies information, short cutting the policy production.
- Accurate Cancellations—Accurate cancellation of policies are handled automatically, ensuring full or pro-rated premium is calculated immediately based on rules you define. Apply minimum earned premium and optionally return fees or surcharges as they apply.
- Total Data Integration Services—Using INSolve’s full line of data transformation services gives you the ability to integrate data from all of your external systems easily and accurately. You get real data access all the time.
- Fast Product Implementation—Launching a new product can be accomplished in days instead of weeks. IPAS is fully tailored and customizable by you. Implement your new product’s rate plan, declarations and associated forms without the intervention of a consultant. Define your carriers, coverages, territories and fees with ease. You're in control. [Contact INSolve to learn more]
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