Insurance Management System is the core of our insurance software solutions, supporting the needs of insurance underwriters in Florida and others states.
Our solution covers the complete lifecycle of the business, including client management, underwriting, claims, accounting and management information and caters to personal and commercial lines of business; putting you in control of the entire insurance process.
Integrated with our web-based Point of Sale, TruePremium offers insurance companies and agents a full customized solution that enables them to lower expenses, improve customer service and increase revenue.
It is a fully automated and extensive application that reduces insurance policy maintenance time while improving the agent experience and turnaround time.

Insights

• AS400 based software
• Personal Lines
• Commercial Lines
• Specialty Lines, e.g. Special Events
• Web-based POS for agents
• Automated workflow reduces manual processes and errors
• Easy Integration with third party solutions
• Standard laser printing solution
• Licensed in-house option & hosted "time-sharing"
• Customization of Insurance Company needs

Underwriting module features

• Multi-company/multi-line capabilities
• Generation of premiums based on company rate books
• Complete on-line rate book module
• Restriction of line of business sales by agents
• Variable commission rates for agents
• Application data entry with editing and validation functions
• Rejection database of driver licenses previously cancelled by the company
• Automatic and on-demand MVR requests to the Department of Motor Vehicles
• Issuance of all policy declarations and endorsement related forms, e.g. decs, invoices & suspense letters
• Ability to process corrections on new business and endorsements
• Endorsements processing with automatic re-rating of policy
• Cash receipts posting
• Diary and suspense interactive subsystem
• Automatic and manual cancellation notices
• Cancellation statements upon effective dates
• Automatic and manual reinstatement notices
• Reinstatement statements upon effective dates
• Renewals and non-renewal notices
• Automatic issuance of refund/cancellation checks after approval
• Extensive reports module

Claims module features

• Claim set up with editing and validation of policy
• Claimants recording with coverage verification
• Initial reserves allocation with editing
• Drafts requisition and approval for printing
• Bank reconciliation
• Diary and suspense interactive system
• Salvage and subrogation tracking and maintenance
• Claims workload and allocation schedule by adjuster