General & Property Risks
The Acsel framework provides a high configuration and flexibility capabilities allowing you to manage and administer any product, plan and coverage of General Insurance. The Insurance business team can innovate with any coverage or plan combination, combos, etc., and define specific conditions on any level required for underwriting, policy life cycle, claims processing, reinsurance, etc.. In short, the Insurer has a robust tool to create and maintain their products tailored to the extension required by the business area
The system is capable of handling products and plans (both individual and group, if apply):
• Fire, Earthquake, Allied Lines.
• Theft, Burglary, Robbery and Larceny.
• Hull and Machinery (Vessel).
• Aviation.
• Marine, Air and Land Transportation.
• Automobile.
• Liability.
• Compliance, Surety and Bond.
• Bank Risks.
• Money and Securities.
• Fidelity.
• Construction Risks.
• Engineering Risks.
• Comprehensive Homeowners and Business.
• Homeowners.
• Small and Medium-Sized Industries.
• Crop and Livestock Risks.
• Hotel.
• Credit Insurance.
• Credit Protection.
• Travel and Assistance.
• Business Interruption.
• Unemployment.
• Extended Warranty.
• Micro-insurance.
Improve productivity and increase customer satisfaction.
Regardless of the fact that your business may have a content management application, the system allows your company to associate images to various events in the life cycle of a policy, and also to claims, quotes, etc. Also the conditions for returns, cancellations, reinstatement, endorsements (even postdated), temporary coverage, deposit or suspense premiums, surcharges and/or discounts, declarations, risk accumulations, etc.
It also handles the configuration of technical information based on the line of business or plan and on the nature of the risk involved, as in surety or bonds products, transportation, declaration of goods and freight, fidelity, liability, extended warranty, etc., which need analytical information and certain controls depending on the coverage.
As for claims, life cycles are configured and administered based on the origin of the risk and coverage, as well the administrative aspects thereof, which includes inspections, appraisals, indemnity, expenses, reserves, requirements, surveys, etc., including control of accounts payable to service channels, suppliers, networks, expert appraisers, etc.