Quoting
After analyzing the coverage details provided in the insurance quotes our back-office experts create a carrier wise summary of insurance coverage, deductibles, liabilities, premiums, exclusions.
Our back-office team prepares premiums and commission summary tables after carefully selecting all binding insurance quotes which meets client’s valuations and requirements.
Once the proposal is documented as per the client’s requirements, we structure it into a printable format, which can be presented to customers before finalizing the best quote.
Our experts prepare detailed structured spreadsheets to allow effortless side by side quote comparison between different insurance carriers.
Renewals
Keeping track of insurance renewals in advance
Creating insurance renewal reminders and summary reports
Taking renewal requests and interacting with the carriers for renewals
Ensuring that any policy adjustments are evaluated and taken into account for revising premium
Billing and Accounting
Carefully reviewing customer documents, and verifying that all information is complete
If information is incomplete or missing, submitting findings to the underwriters
Entering/verifying customer information and policy details
Entering other information and details to generate policy setup document
Generate the final policy based on input from the underwriter
Policy insurance
Endorsements
Adding to the coverage of an insurance policy
Limiting or deleting the coverage of a policy
Adding or deleting people on an insurance policy
Amending the coverage policy at mid-term
Adjusting premiums depending on the change in policy
Following-up with the insurance agency / carrier
Certificates
Loss Runs
Sending loss run requests to previous insurers and receiving reports
Extracting loss run data to assist with policy renewal
Preparing insurance claims report after analyzing the loss runs
Our experts prepare detailed structured spreadsheets to allow effortless side by side quote comparison between different insurance carriers.