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PolicyHandler

Name: PolicyHandler
Rating: 4.5 (2 reviews)

By JW Software, Inc

1248 Interested

Highlights : About PolicyHandler

Cancellation Tracking

For Auto Insurance

Policy Issuance

Policy Processing

Reinsurance Administration

Renewal Management

About PolicyHandler

PolicyHandler is a web-based policy management system, which assists small to medium insurance carriers with claims administration. Key features include workflows, automated renewals, messaging, task tracking and documentation. The platform comes with a data-driven rating tool with rating elements that are defined by users. Additionally, users can import loss cost tables to calculate yearly rate charges. Its quote-to-issuance workflow lets teams reuse previously entered quotes, which shortens processing time-frames. Additionally, the system comes with direct and agency billing, allowing managers to set defined payment amounts and frequencies. PolicyHandler includes a portal which provides auditors access to policies, and helps manage workload of previously assigned audits. Its diary functionality allows users to track tasks and monitor policy-related activities.

Specifications

Business Size

Startup

Customization

Yes

Deployments

Cloud

Language Support

English

Platforms

Product Details

Features

Cancellation Tracking

Claims Tracking

Policy Generation

For Auto Insurance

Policy Processing

Rating Engine

Reinstatement Tracking

Reinsurance Administration

Underwriting Management

Renewal Management

Benefits

Quoting

Logical functionality streamlines the quote-to-issuance workflow. “One-click” copying of quotes allows for re-use of data previously entered and makes creation of multiple, alternate versions of submissions easy, increasing production and shortening turn-around time frames.

Billing

The billing module offers both direct and agency billing including a scheduling tool that allows defined premium payment amounts and frequencies. Additional features include self-report and installment bill processing, past due processing, and billing reports.

Audits

An auditing assignment module sends audit requests to third parties via e-mail. Auditors may login to the system via the internet and review the requested policy, but also manage their existing workload of audits previously assigned.

Emails

Emailing capabilities are available throughout the entire system for sending and receiving mail within the policy file.

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