Aspire offers a fully-integrated Claims Management System. Through this integration, proper coverage verification is inherent to the system. Thus, the claims set-up process will be held unless a policy is associated with an occurrence. (However Aspire will allow for incident reporting recording the unconfirmed incident for later handling, should the need arise).
This is made possible through Aspire’s comprehensive and sophisticated data retrieval capabilities. Utilizing Aspire’s search capabilities the verification process is quick, easy, and extremely accurate. Since virtually all aspects of the policy can be utilized as search criteria, coverage verification can successfully take place even when only partial information regarding an occurrence is available.
Salient features of Aspire’s Claims Administration module include:
Aspire will also provide full data export capability to transfer data to your third party General Ledger System through a specified file format, so that all premium and loss accounting information may be consolidated with your independent General Ledger activities.
In all, Aspire offers a comprehensive premium accounting system platform to address all of your premium accounting and analytical requirements.