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| Insurance services at Edgesys. |
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| Edgesys is committed to timely delivery of quality and professional services to our clients in every phase of our involvement with the client. Commitment that means consistently meeting and exceeding the client's needs to achieve required results. |
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Solutions |
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We provide experienced and professional services in the following areas |
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Actuarial Reporting System - We developed an Actuarial Reporting System to assist Actuarial Departments with analysis of profitability of accounts, pricing and reserving. |
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Agency Interfaces - Using specialized translation software and custom data validation programs, we are able to load program business data into the carrier’s systems and eliminate redundancies. |
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Billing Interfaces - Our interface feeds premium registrations and subsequent endorsement activity into billing systems such as Maximsoft. |
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Claims Interfaces - Many companies rely on use of external TPAs (Third Party Administrators) to administer claims. For such companies, we designed nd implemented claims interfaces to translate TPA claim information into company systems. |
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Custom Software - We developed custom software where core systems could not be modified to meet requirements. |
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Data Cleansing - Using tools such as Data Junction and Access, we worked with several companies at establishing metrics and methodology to perform data cleansing. |
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Data Warehousing - For our clients, we built custom Data Warehousing solutions or installed and interfaced packages such as Millbrook’s Beacon, Thazar, Business Objects and Cognos. |
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Financial Package Implementation - We assist our clients with implementation of new accounting systems such PeopleSoft, Great Plains, Solomon and Freedom. We also developed a GL Interface product. |
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Insurance Package Implementation - We assist companies with package selection, conversion from prior systems, set-up of all tables, and implementation of various enhancements. |
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Reinsurance Package Implementation - Most companies have unique reinsurance requirements. We assist our clients with finding creative ways of making existing systems work in support of facultative and treaty processing |
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State Reporting - We assist our clients with being in compliance with state reporting requirements for: DMV, Worker’s Compensation and NCCI. |
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Products |
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Edgesys undertakes various software projects on a turnkey basis. Projects are undertaken on a fixed price basis, wherein Edgesys professionals review, study, analyze, design, develop and implement systems on an analysis and approved pricing basis. |
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The project can be undertaken either the following basis |
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DMV Reporting - Many states have mandatory DMV reporting requirements for both Personal and Commercial Lines. Insurance companies must have reporting capabilities in order to be in compliance with state DMV departments. We responded to this need by building DMV Reporting. We developed two products:
- An Insurance System-to-IVANS interface that leverages IVANS reporting capabilities and
- The “APACHE/EDI” reporting system that “does-it-all”. The system reports all transactions required by the individual states including Non-Renewals and No Activity reporting.
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General Ledger Interface - Our General Ledger interface creates Journal Transaction entries from primary insurance systems for several major General Ledger packages. We successfully interfaced Peoplesoft, Great Plains, Solomon and Freedom. We recently added a feature to selectively back-out entries made via the automated interface. Our interface is flexible and multi platform compatible. |
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Price Monitor - Price Monitor is used by carriers and MGAs to monitor pricing of individual accounts and individual insurance products. We have developed Price Monitors for a number of Professional Liability products and Commercial Multi-peril Packages. |
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Web-Based Comparative Rating Engine - We built a web-based solution to purchase travel and health products. We took the rates of seven carriers, matched the coverage and rating algorithms.
The system currently contains over thirty five separate plans covering travelers from the United States, Canada and international travelers. |
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Our approach includes understanding and identifying the client's requirement thoroughly and delving into the procurement process
with the intense focus and drive that ensures the right match and expertise is presented to the customer. |
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Outsourcing |
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As a global company, Edgesys is accustomed to providing solutions that transcend geographic boundaries and embrace emerging technologies and their benefits |
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We provide leading edge BPO solutions for insurance in the following |
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Quotations, underwriting |
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Compliance activities |
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Claims processing and review |
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Policyholder servicing |
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Documentation fulfillment |
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Copyright © 2010 Edgesys Inc. All rights reserved. |
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