(c) Innovative Systems Ltd 2005 - 2006
Design/Host: Menog
Innovative
Innovative
Systems Ltd
Systems Ltd
ISL House: Plot 111B Sylvia Crescent, Anthony Village, Ikeja, Lagos, Nigeria Tel: (01) 497 5493, 773 4599. Fax: (01) 497 0371
Email: info@innovativesystemsltd.net
Email: info@innovativesystemsltd.net
Claims Processing
Claims Notification, adjustments and payments
Maintains a diary of events on each claim and provides claims status at any given time.
Salvage recovery processing and monitoring of recovery from local facultative insurers
Claims expenses input; Facilities for adjustment of notifications, payments, recovery and expenses.
Generation of debit/credit notes to reinsurance companies
Provides all access to underwriting information during claims notification and transactions posting
Monitors submission of claim form by the claimant with complete integration with the underwriting, agency and general accounting modules.
Maintains a diary of events on each claim and provides claims status at any given time.
Salvage recovery processing and monitoring of recovery from local facultative insurers
Claims expenses input; Facilities for adjustment of notifications, payments, recovery and expenses.
Generation of debit/credit notes to reinsurance companies
Provides all access to underwriting information during claims notification and transactions posting
Monitors submission of claim form by the claimant with complete integration with the underwriting, agency and general accounting modules.
Agency Accounting:
Maintenance of open item ledgers for Brokers, Insurers and Clients
Automatic inputs from underwriting module (i.e. Debit and Credit notes for first, renewal, additional and return premiums, and overriding commission in and out)
Direct input of payments to and from Agents, Brokers and Insurers
Allocation of payments/Credits to debit notes; Monitors partial allocations until full payment.
Journal facility to correct payment input errors
Complete integration with the underwriting, claims and general accounting modules.
Automatic inputs from underwriting module (i.e. Debit and Credit notes for first, renewal, additional and return premiums, and overriding commission in and out)
Direct input of payments to and from Agents, Brokers and Insurers
Allocation of payments/Credits to debit notes; Monitors partial allocations until full payment.
Journal facility to correct payment input errors
Complete integration with the underwriting, claims and general accounting modules.
Systems Enquiry and Reporting: Provides elaborate system facilities for obtaining instant screen information on all processes and the reports module provides a wide range of management and operational reports across the main modules of the package.