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Make informed decisions by understanding your policies, coverage, and premium expenditure.
Eliminate duplicate policies, close coverage gaps, and identify new opportunities.
Understand your policy loss ratios, target poor-performing areas, and closely track any aggregate positions.
Be proactive in monitoring your insurers’ financial ratings, especially for historic programs and vendors' policies.
With a complete picture of your overall insurance program, you can obtain optimal insurance coverage and expenditure.
Reduce the time and effort needed to see your entire insurance policy program. Easily view which risks are insured, all participating insurers and co-insurers, and where any policies overlap.
Quickly spot gaps and overlaps in coverage and determine how your insurance policies contribute to your overall program.
Accurately evaluate the performance of all your policy programs:
After you’ve transferred your risk, it’s critical that you effectively manage exposure to counter-party credit risk.
Reduce time taken from certificate of insurance request to issuance
When done manually, managing certificates of insurance is time consuming. It can also be quite complex to comply with the regulatory requirements for insurance contracts and the display of certificates.
Now you can automate and streamline the management of incoming certificates of insurance:
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