Policy Administration Solutions

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

    Point-of-Sale

  • Customer Management & Service
  • Quick Quote
  • Application Entry & Submission

    Policy Management

  • Endorsements
  • Out-of-Sequence Endorsements
  • Cancellations
  • Renewals
  • Non-Renewals
  • Cancel/Rewrite

    Agency Management & Service

  • Appointment Tracking
  • Agency Profiles & Authorizations
  • Customizable Commission Plans
  • Transfers
  • Download to agency management systems (via Connective Technologies TEAM-UP Download)
  • Electronic Payment of Commissions

    Claims

  • FNOL
  • Assignment
  • Diary Functions
  • Reserves
  • Payments
  • Salvage & Subrogation

    Rating

  • Flexible Rating Structure
  • Ratebook Version Control
  • Company, Line, & State specific rating
  • Easy to maintain rating tables

    Accounting

  • Return Premium
  • Bank Reconciliation
  • Premium Receivable
  • Premium Bordereau
  • GL Journal Entries/Interface
  • Claim Reserve Sub Ledger
  • Commission Calculations
  • 1099 Processing

    Underwriting

  • 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

    Billing

  • 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

    Issuance & Output (incl. Forms)

  • New Policies
  • Renewal Policies
  • Endorsements
  • Cancellations
  • Premium Billings and Statements
  • Notices
  • Commission Statements
  • Correspondence – template & free form
  • Claims
  • Disbursements

    Reporting and Analytics

  • 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