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All Press Releases for September 26, 2004 Subscribe to this News Feed    
 

Announcing a Flexible, Affordable, Web Based-P&C Processing & Claims Suite (Athena).

Maximum Processing is pleased to announce that it has released the Athena P&C Processing and Claims Suite.

(PRWEB) September 26, 2004 -- Maximum Processing is pleased to announce that it has released the Athena P&C Processing and Claims Suite.

Policy Processing - The "Core" system includes all of the features required to enter, endorse, cancel, reinstate, and renew policies via a standard web browser. Your users and your agents will have nothing to install or maintain and when you have rate changes you can schedule when they are "Live" and everyone within your company and your agents will see the new rates at the exact same time!

Claims Processing - The Claims system is designed to be able to handle any type of claim all within the integrated web based system. Your claims adjusters can handle claims in homeowners, and move on to an Auto claim with just a few simple clicks. When a new claim is created the system automatically verifies coverage and limits of coverage and enforces the rules you create regarding minimum Loss reserves and required loss fields.

Workflow - Workflow is defined as The automation of a business process, in whole or part, during which documents, information or tasks are passed from one participant to another for action, according to a set of procedural rules." However, we have developed an expert rule-based approach for the detection of logical failure events during normal workflow processing - which is at the heart of "event-oriented adaptive workflow". The system can automatically apply an unlimited number of rules in any workflow process to redirect and reroute workflow events dynamically. So our systems are able to go a step beyond traditional workflow!

Document Imaging - Our system automatically saves a high quality digital version of every Bill, Dec-Page, Endorsement, Reinstatement, Application, Claim Notice, - you name it! This means that when underwriting or claims wants to know EXACTLY what the policy Dec-page looked like, they can lookup the policy and view the original Dec-page - on their desktop! No more paper files, or going to a storage facility to find a policy!

Billing / Accounting - Our system automates all the policy accounting and agency commissions - by producing accurate - printable bills, notices, and agent commission statements. It also can create laser printed refund checks, and agent commission checks with full statements. Finally, to ensure that the commissions are 100% accurate they can be balanced against the system produced written premium report - on screen or exported to Microsoft Excel, CSV, or XML to be imported into your accounting package!

Internet Rating - Our system automates gathering the minimum required information in order to produce a quote (Quick Quote). The system is built on the Internet so your agents can easily access your rating from anywhere. Why not give your agents a tool that is so easy to use?

Reports - Imagine having up-to-the-minute real-time Written Premium and Unearned Premium reporting! Standard management reports include: Written Premium, Unearned Premium, Balance Due, Write-offs, Fees Collected, New Business, Cancellations, Renewals and Agent Commissions. Our claims system management reports include: Total Reserve Snapshot, Loss Reserves by Date, Recently Opened Claims, SIU Claims, Losses by Claim, Losses by Policy and many many more...

The reports can be easily expanded to include any data that is collected by the system! The system produces all management reports in both printable (Acrobat Reader - .PDF) and exportable formats - (Excel - .XLS, Comma Separated Values - .CSV, Extensible Markup Language - .XML)! By simply selecting a check box you decide if you want to print the report, view it on screen or export it to one of the many exportable formats!

Maximum Processing is a privately held corporation that specializes in developing insurance policy processing solutions specifically tailored to a company's business requirements. By thoroughly analyzing a company's business requirements they create a full set of documentation. This uniquely formed documentation is gathered in sessions specially designed by Maximum Processing to get to the heart of the business rules and document them in a such a way as - that both the client and the software developers thoroughly understand the system before it is ever built.

Contact:

Maximum Processing
4509 14th St. West Suite 502
Bradenton, FL 34207

(941) 795-0133 or (866) Max-Soft
www.MaxProcessing.Com
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Sean Pitcher
MAXIMUM PROCESSING INC
1-866-MAX-SOFT
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