Policy

The policy module allows recording of claims reserves and costs against the appropriate insurance Section.

Loss Funding is multi currency and is especially useful to companies managing a significant portion of their own risk. It allows a far greater understanding of the apportionment of claim costs (and reserves) between deductibles, of varying kinds, & insurance cover including multiple excess layers.

Simple Aggregates, or cross-class aggregates may be monitored with warnings generated when trigger percentages are reached.

The module can filter and display associated properties and claims and allow calculation of recharges to operating businesses.

Policy Wording and related correspondence can be attached.