Our
Administrative Services Section utilizes a staff of experienced insurance
professionals and its computer facilities to furnish clients with a wide
variety of services in the individual life and health insurance market.
Through a widely licensed third-party administration operation this Section
can perform essentially any function normally associated with an insurance
company's home office operation.
Services
- Underwriting
of life and health products
- Automated
policy assembly and policy issue
- Premium
billing and collection and commission processing
- General
ledger accounting
- Automated
interfaces for agent inquiry of new business status
- Automated
interfaces for financial reporting, production reporting,
and other requirements as needed
- Claims
adjudication
- Policyowner
services
- Complete
Treasury services, including all banking functions and unclaimed property
reporting
- Reserve
processing services
- Statutory
and GAAP reserve preparation
- A&H
experience analysis and rate increase filings
- Reinsurance
accounting and reporting