specialty. lines. 

ClaimsVISION

Excess & Surplus, Terrorism, D&O Claims Admin

Specialty lines, like Excess and Surplus, require unique capabilities not found in most COTS claims systems. PCIS has designed a dedicated module to handle the concepts needed to adjudicate E & S and other specialty lines with ease.

Master Claim Structure

ClaimsVISION employs a relationship between a Master Claim and a multitude of subsequent claims stemming off of it. This is especially useful with E&S claims like Asbestos claims that result in thousands of other claims. The beauty of this architecture is it allows each claim to be managed at the Master level, including proportional payment and reserving.

Financial Approval Hub

ClaimsVISION’s has designed the infrastructure of authority levels which allow users to request authorities for payments and reserving tied to specific claims/occurrences not just the standard limit per user. This infrastructure manages complex financial approval fingerprinting and workflows.

Case: Tier 1 Carrier | North America| 50 States & Canada

Tier 1 Carrier

Excess & Surplus

50 States + Canada

$1.85 Billion in Premium

One of the largest publicly traded Insurance companies in the world has utilized PCIS’ claims technology platform for over 10 years to handle their substantial excess and surplus claims book of business. PCIS’ claims platform and policy module handles in excess of $80M claims dollars annually for this client. The PCIS claims platform integrates with more than a dozen downstream client corporate systems including SAP, Business Objects BI tool, reinsurance systems and other financial and auditing corporate applications.

The client benefits from:

Master Claim Structure

Financial Approval Hub

Hosted Security

Disaster Recovery

Intelligent Analytics & Reporting

Reporting platform that is end-user friendly: 100+ Canned Reports, Drag Drop & Share Dashboards, Dedicate Reporting Database and more.