Experience Policy Administration On Demand℠ with INScope Policy from Focus Technologies
Support the full policy life-cycle – from quote to claim – with INScope Policy, Focus Technologies’ fully integrated, 100% web-based personal and commercial lines policy administration system.. Whether a State Specialist with 10,000 policies or a Super Regional with 10 million, INScope Policy provides the functionality needed to automate the underwriting process, reduce issuance cycles, and enhance ease-of-doing-business for agents – all while reducing IT and policy acquisition costs.
INScope Policy contains the following fully integrated functional modules:
- Point-of-Sale (Quick-Quote-to-Issuance)
- Rating
- Underwriting
- Policy Document Production (includes Forms Library)
- Billing & Accounting
- Claims
- Reporting & Business Intelligence
Coupled with INScope PolicyPort™ for Agents and Insureds – our next generation Agent and Insured portals – INScope Policy provides today’s innovative P&C insurance carriers with all the tools needed to grow the business profitably and respond to market opportunities quickly.
Additionally, because they’re delivered as Software-as-a-Service (SaaS) from IBM® e-Business Managed Hosting™ Centers, the solution is scalable, reliable, always the latest version – and always available.
INScope Policy Benefits
Revolutionize your business with INScope Policy. Users capitalize on a PAS with the tools needed to enhance distribution channels, improve your profitability, and reduce your costs.
Key benefits of INScope Policy you can experience on Day One include:
- Increased agent ease-of-doing-business. Benefits include fast quick-quote and application process, easy access to customer service functions, and book-of-business and transaction reports at their fingertips.
- Real-time application of Smart Underwriting criteria during Point-of-Sale process. Producers get instantaneous feedback on capacity availability and acceptability of risk, saving them time and money and increasing loyalty.
- Grow the business while reducing underwriting expenses. Smart Underwriting features and built-in integration to underwriting decision support data suppliers allow automated acceptance and issuance of profitable risks, freeing underwriters to focus on exceptions.
- Replace manual quote, application, and endorsement processes with automated workflows performed by agents. This allows organizations to increase operational efficiency and accuracy, reduce quote-to-issuance cycles, and minimize the staffing required to support those processes.
- Reducing the initial and recurring out-of-pocket investments in favor of the predictable payments inherent in INScope Policy Software-as-a-Service (SaaS). Users can take advantage of award-winning PAS software with predictable cash flow requirements which eliminates over-budget situations. Click here to learn more about INScope’s SaaS benefits.
INScope Policy Features
- Customer Management & Service
- Quick Quote
- Application Entry & Submission
Point-of-Sale
- Endorsements
- Out-of-Sequence Endorsements
- Cancellations
- Renewals
- Non-Renewals
- Cancel/Rewrite
Policy Management
- Appointment Tracking
- Agency Profiles & Authorizations
- Customizable Commission Plans
- Transfers
- Download to agency management systems (via Connective Technologies TEAM-UP Download)
- Electronic Payment of Commissions
Agency Management & Service
- FNOL
- Assignment
- Diary Functions
- Reserves
- Payments
- Salvage & Subrogation
Claims
- Flexible Rating Structure
- Ratebook Version Control
- Company, Line, & State specific rating
- Easy to maintain rating tables
Rating
- Return Premium
- Bank Reconciliation
- Premium Receivable
- Premium Bordereau
- GL Journal Entries/Interface
- Claim Reserve Sub Ledger
- Commission Calculations
- 1099 Processing
Accounting
- User defined Smart Underwriting criteria
- 3rd party interfaces for hazard data/geocoding, replacement cost, loss history, and credit scoring data
- Submission Review Workflow
- Customizable Authority Levels
- Exposure Management
Underwriting
- New, Renewal, & Endorsements
- Non-pay Cancellations
- Multiple Pay Plans
- Direct, 3rd Party & Agency
- NSF Processing
- Cash Receipts/Refunds
- Electronic Payment Processing (credit card, ACH, etc.)
- Electronic Mortgagee Notification
Billing
- New Policies
- Renewal Policies
- Endorsements
- Cancellations
- Premium Billings and Statements
- Notices
- Commission Statements
- Correspondence – template & free form
- Claims
- Disbursements
Issuance & Output (incl. Forms)
- Ad-Hoc Query Support
- Accounting
- 1099 Processing
- Commissions
- Facultative Reinsurance
- Premium
- Premium Tax
- Receipts
- All Output stored and available for retrieval
- Integration w/3rd Party Document Management Systems
- Management
- Producer
- Reference
- Underwriting
- Underwriting Status
- Inforce
- Miscellaneous
- ISO Statistical Reporting










