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Keeping in mind the challenges of deregulation, consolidation and convergence of financial services world wide AMSOL
offers a focused, supported approach to provide a secure future for our clients through affordable solution that helps to meet their needs and expectations which is scalable, reliable, and cost-effective solution for carrying out all business-critical insurance processing functions.
AMSOL is committed to serving the needs of the clients and providing an insurance technology outsourcing service for the insurance industry. AMSOL
has good understanding and expertise of the insurance business management with dedicated and domain centric workforce to furnish the specific business requirements for the industries. We are one of the business specialists that drive the demand for Insurance Industry.
AMSOL offers a robust web-based insurance management solution, which has the flexibility of customizations to match the specific needs of clients for achieving their business goal of good service and revenue generation. A few of the areas that we have expertise in are:
Insurance Policy Administration System Insurance policy administration system consists of specific notation that captures the relationship between policies and objects and the entities that manage policies for those objects. The Insurance policy administration system is consisting of a number of policy administration domains. The domains are arranged in a hierarchy, representing descending levels of authority. The presence of an object in a domain represents the ability of the manager of that domain to write policy for that object. A number of important issues for policy administration are identified and addressed within the model.
Claims Management System ensures that claims are processed fast, efficiently and accurately. Operator flexibility is the key, and we aim to improve operator productivity while processing claims.
- Real-time status for quick resubmission and faster reimbursements.
- Unique claim aging tool shows a huge number of claims status in one view.
- Insurance Claims System uses electronic filing system to primary and secondary payers.
- Each claim is scrubbed with up-to-date Medicare rules.
- This Claim Processing System helps in quick resubmission for claim rejections.
Insurance Agency Management System facilitates an insurance company's ability to address relationships with its product distribution channels. This system helps in managing current Agencies. Insurance Agency Management System is the solution that delivers to manage and grow your insurance agency to assist day-to-day management of your agency. Agency management utilized for small business, individual or enterprise business.
Insurance Agents Management SystemInsurance Agents Management System maintains Multiple Agents from Multiple Agencies, keep the track of their activities from Policy Registration to Claim processing. All their data, their commission, their policies status updates, etc. are taken care by this system. This Insurance Agents Management system helps in smooth functioning of the Agents working and makes the processes faster and efficient.
Policy quotations engine is an on-demand quotation management feature coupled with detailed profit optimization and approval management engines. With quotation engine you can automate the sales and services processes that are currently being done using a self-explanatory hybrid spreadsheets and documents. When you have completed your quotation you can use the engine to seek approvals for non- standard pricing and/or terms and conditions.
User Management System registers a new user by filling in a form on your web-site. If necessary, the new user is first place in a waiting list until you approve the new user. After adding the user, the user can login to the system with his or her username and password to make changes. You can use overviews of users for mailing purposes etc. User Management System manages all the users of the system i.e. Customer, Administrator or Agents. It keeps the track of the activities they perform, their data, their access information, etc.
Endorsements Management System endorsements to a title insurance policy are addenda or attachments to the policy that may correct or modify a previously issued title policy, or alter or modify the provisions of the exceptions, conditions and stipulations of the title policy so that the insured party receives greater coverage than would exist under the terms of the unendorsed title policy. Endorsements create a greater liability for the title insurance underwriter, and therefore most endorsements require an additional charge to be collected in excess of the usual title insurance premium.
Data import / Export system handles large amounts of data to import and export it securely. It does processing and management of large and sensitive data compression/decompression and/or encryption/decryption allowing the exchange of data through the network with high performance and stability, exchange of data among Web server(s), business application server(s) and database server(s) and account information including user passwords.
Policy Registration and Quotations Engine is intended to be a mode for the exploration and discussion of policy issues and is aimed in particular at enhancing communication between policy researchers, legislators, decision-makers, and professionals concerned with developing, implementing, and analyzing health policy. Policy quotations engine is an on demand quotation management feature coupled with detailed profit optimization and approval management engines. With quotation engine you can automate the sales and services processes that are currently being done using a self-explanatory spreadsheets, documents and emails with little to no process control. When you have completed your quotation you can use the engine to seek approvals for non- standard pricing and/or terms and conditions.
Insurance Administration Management System can manage multiple administrators and can have the track of the right assigned to them. It takes care that all the Administrators function with the system as per the rights assigned to them and they can get their work done in efficient manner.Customizable and strong administration system for Insurance Sales Management can be managed by insurance sales system.
Insurance Document Management System is used to maintain documents so that you can get to them faster, easily, and accurately. We offer document management solutions for easy maintenance of your policies, endorsements, quotes, binders and the like. You can design your templates in common word processing tools, and the document management system will integrate and process these templates to generate and maintain documents. The documents can be retrieved at any time and are indexed in a database for quick searches.
This system will maintain the generation of the various reports which will be provided to the users as per the requirement. The reports like Modification Report, Policy Management Report, Payments Received Report, Agent commission report, etc.
A document is generated at every step of the system. These documents are then displayed within the Intranet portal for authorized staff to review and download. This system is formed with intention to create an audit trail of all document uploads, manage the process of document approval, and track viewer profile attributes. Each group can have different criteria defining their document upload screen, such as document type, document size, upload time frame, and facility type.
Insurance Accounting and automation is quite a complicated task, given the fact that there are so many issues with regulation, taxes, filing, commissions, brokers/underwriters, endorsements etc. We can build applications of insurance accounting systems and insurance billing systems that automate part of this task for you and help build better and more flexible solutions.
Workflow solutions will ease the task of issuing claims, policies, reimbursements, payments etc. You can enforce hierarchical constraints and automate workflow, thereby ensuring that all your checks and balances are in place.
Auditing Insurance is a highly regulated industry, so audit controls are very important. For this purpose, AMSOL
can develop audit control solutions customized to your purpose that will help you track and control business issues within your organization.
Business Intelligence solutions will make sense of your data. We can help you analyze your past data for better decision-making and help you make more informed decisions.
Online Data Back-up System is designed to store the data on another server so that in case the Original Data gets Damaged, Lost, etc. then that data is available for work. This system helps in the Real Time Data Backup and maintains the data for the future purpose.It also facilities the data back-up storage at other Geographical location.
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