risk. claims. policy. solutions
Risk Management Information System
ClaimsVISION RMIS
Management of incidents, claims, certificates, events, and more.
A centralized electronic headquarters that synthesizes everything important to a Risk Manager. ClaimsVISION RMIS isn’t about connecting dots; its about connecting worlds (departments, job functions, field operations, HR, Insurance), identifying risks and trends proactively, arming organizations with the tools to make corrections, and intelligently presenting the knowledge for exposure and cost consideration.
Intake
Whether it is reporting a risk, event, report only or multiple claims from an occurrence ClaimsVISION’s Incident Report Form (IRF) serves as a one stop shop for intake. This form is dynamic in nature and varies to ask the appropriate questions per LOB, state, department, or user. The IRF is customizable and can be accessed directly by employees/adjustors, third parties, or embedded into customer sites, or populated from other source systems.
Safety & Loss
Module for tracking occupational and workplace risks. Link an event, task, or report to a claim, location, department then track progress and results for:
Safety Meetings
Surveys
Audits
Risk Assessments
Corrective Action Plans
COI Management
Organize and track all of your entity’s Certificates of Insurance in a centralized place. Entities easily manage vendors, keep COI’s updated and compliant, and leverage automated alerts to keep COI’s from expiring.
ERM
Risk and claims core capabilities work in concert with optional modules across your organization for true enterprise RM:
Policy Management
Exposure, Allocation, TCOR
Doc Management
Collaboration Hub
TPA Management Toolset
Claims Administration
ClaimsVISION
Workers Comp, General Liability, Auto, Property & More
ClaimsVISION is a robust and modernly architected hosted solution that handles all aspects of claims management from intake to the close of a claim, including setting reserves, making payments and tracking litigation. ClaimsVISION also incorporates the tools to support the aforementioned functions such as diaries, notes, correspondence, and reporting. ClaimsVISION’s robust capabilities are driven by a user configurable unlimited hierarchy and an intelligent business rule engine. Integrated with the Microsoft suite of products, ClaimsVISION is intuitive, boasting state-of-the-art, highly functional dashboards that facilitate a streamlined claim-centric workflow.
Intake
Whether it is reporting a risk, event, report only or multiple claims from an occurrence ClaimsVISION’s Incident Report Form (IRF) serves as a one stop shop for intake. This form is dynamic in nature and varies to ask the appropriate questions per LOB, state, department, or user. The IRF is customizable and can be accessed directly by employees/adjustors, third parties, or embedded into customer sites, or populated from other source systems.
No Touch FROI SROI Reporting
The industry’s only truly automated FROI SROI EDI solution. Smart auto-triggers know each state’s claim activation points. From there FROIS and even SROIS are generates, coded, and sent for pre-validation. Lastly acknowledgements are brought directly to the users dashboard or in case of an error a notice to correct data- ALL BEFORE IT HITS THE STATE.
Smart Claims Flow
An intelligent rules engine coupled with an unlimited hierarchy allows an entity to build and configure their own workflows and ensure best practices. Whether it is auto reserving, adjustor routing rules, or alerts it can all be executed and maintained from the front end by an end user.
Analytics
An advanced reporting platform easy enough for an end user to master, without any technical expertise.
+100 Canned Reports
Drag & Drop Ad Hoc Reporting
Drag & Drop Ad Hoc Dashboarding
Reporting Database
Policy Administration
CompVISION
CompVISION Policy Management solution: a richly featured Workers Compensation policy administration system for insurance carriers, from start-ups and regional companies to large multi-state/multi-carrier companies. Our policy Management system is a 50-state, rate, quote, policy issuance, policy administration, premium accounting, audit, and NCCI/Bureau Statutory reporting software solution. The system manages the Workers Compensation business from initial assessments through final audit, fully integrating all accounting functions, reporting functions, and internal controls.
Policy Administration
Rate, Quote, and Issue with flexibility and compliance.
Store rates, rules, and conditions needed to write multi-state workers’ coverage in all jurisdictions.
Generate Multiple versions of quotes, allowing binding of an version
Complete endorsement processing (effective date, mid-term, pending rate change, anniversary rate dat, out of sequence
Billing
Premium Billing & Accounting
Direct & Agency Billing, Payroll Self Reporting (pay as you go)
Produce separate invoices at policy, state, entity, or location level
Intake cash and apply receipts to invoices
Generate comprehensive, real-time accounting reports
Commission Structure & Distribution
Single rate, sliding scale, or flat dollar
Automatic commission calculation and disbursments
Real-time online commission reports
Web Rating
Cloud Based Workers’ Comp Rating
CompVISION’s proprietary WC ratings engine now available as a standalone web rater.
Quick Quote
All NCCI Rates & Rules
Tailored Portal experience for UW, Brokers, or Agents
Granular, role-based, security
Compliance
Built-in content, maintained by regulatory bodies, coupled with an intelligent rules engine ensures compliance
NCCI
Unitstat Reporting
State Forms
FROI SROI Reporting
OFAC
