Policy & Program Management

Get a complete picture of your insurance program

With a complete picture of your overall insurance program, you can obtain optimal insurance coverage and expenditure. 

• Gain total access to your entire portfolio of policies in one integrated risk management system.
• Reduce your administrative burden. 
• Keep track of all costs, including fees and taxes, related to your policy program.
• Maintain details on all your coverage, including deductibles, limits, and any policy documentation. This is invaluable for establishing a historic archive for long-tail claims.
• Show participating insurers’ entire exposure to your organization.

Get a consolidated view of local and global policies

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. 

Proactively respond to policy performance

Accurately evaluate the performance of all your policy programs:

• Monitor loss ratios and identify poor-performing areas with the ability to follow up with targeted loss control programs.
• Keep an eye on the erosion of your aggregates and policy limits in real time.
• Make the right management decisions and reserving for potential losses.

Mitigate exposure to counter-party credit risk

After you’ve transferred your risk, it’s critical that you effectively manage exposure to counter-party credit risk.

• Monitor the credit rating of every insurer named in each and every one of your organization’s policies.
• Evaluate your organization’s credit risk exposure to any insurer at a moment’s notice.
• Build comprehensive, up-to-date reporting on the collective health of insurers for every line of coverage your organization carries. 
• Receive real-time alerts if an insurer's credit rating changes.