A comprehensive multi-level system that supports the entire claim life cycle – from registration (opening/updating/closing), through automatic coverage verification, to follow-up procedures and inquiry functions. The module offers the flexible ability to settle claims including full claims accounting, damage estimates and management of external service-providers.
The Claims Management software module also has an elaborate built-in payment confirmation process that communicates with other Total Insurance System modules.
· Register first notice of loss
· Multiple claimants and damages
· Coverage verification
· Full payment settlement
· Reserve management
· Salvage and subrogation