Insurance Industry Business Solutions
Reduce costs, increase quality, and maximize efficiency by transforming your Policy Administration and other home office functions.
Perot Systems provides a wide variety of Business Solutions to the Life Insurance industry. Supporting a wide array of products, Perot Systems can manage discrete business functions, such as document management or claims, or assume responsibility for the entire policy lifecycle. Whether we’re delivering from your site or from one of our many locations around the world, Perot Systems can provide management for your business function.
At the foundation of our Policy Administration solution is our LifeSys™ system, a powerful tool that provides real-time access to policy information via the Internet or intranet for processing policies from initial applications to claims resolution.
Our expertise provides Business Process Solutions at each point of a policy’s life cycle:
| New Business |
| Application Entry, Editing and Changes |
| Underwriting |
| Policy Printing |
| Policy Assembly, Quality Checking and Mailing |
| Scanning |
| Document Management |
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| Call Center |
| Producer Support |
| Policyholder Support |
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| Policyholder Service |
| Policy Changes |
| Contract Administration |
| Policy Re-issue |
| Policy Reinstatements |
| Interest Rates |
| Annual Statements |
| Notices to Policyholders | |
| Commission |
| Commission Processing and Payment |
| Agent Hierarchies |
| Commissions Reporting |
| Commission Accounting |
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| Policy Accounting |
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| General Accounting |
| Check Reconciliation/Aging |
| Commission Accounting and Payment |
| Reinsurance Accounting |
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| Claims Administration |
| Notice of Claim |
| Open Claims |
| Claim Review |
| Claim Adjudication |
| Claims With Reinsurance | |
We also offer a variety of other business process solutions to help transform back-office operations into strategic tools to control costs, enhance operational efficiency, and reclaim resources for business-building initiatives.
Discuss your business and information technology needs now with a Perot Systems Life Insurance industry consultant at insurance@ps.net.