NSURE POS, a fully-integrated application, generates motor and non-motor (P&C) cover notes online based on parameters set in underwriting guidelines. All interactions with customers are fully documented and all involved parties are working in a centralized paperless environment. It provides all functions necessary to fully automate administration of a policy throughout its life cycle, including:
Automatic, instant calculation of premiums and discounts (negotiation able). (Negotiable) Future and back dated adjustments (back of renewal), cancellation, lapsing and reinstatement with all necessary cash-flow calculations, on-line or batch printing of documents, collection of premiums, matching of payments, etc.
- Handling of cover notes.
- Handling all communication with relevant third parties.
- Exception-based workflow management.