On-Demand Risk and
Policy Manager Software for Captive Insurance Companies, Risk
Retention Groups, and Self Insured Organizations.
Solartis offers an attractive alternative to the RMIS and
policy administration systems available in the marketplace today by combining
insurance domain knowledge, insurance software experience and cloud technology
expertise.
What Is
It?
Solartis Risk and Policy Manager™ is cloud-based software used
to track, manage and report on all insurance policies, risks, coverages,
premiums, and processing activities as well as its participants (i.e. members,
subsidiaries, profit centers, business units) risks, coverages, premium
contributions and insurance activities. Solartis Risk and Policy Manager enable
Risk Managers too:
- Manage and Track insurance policies and their life cycle activities
- Provide a 360 degree view – Intelligent, context-sensitive view of participant’s information
- Provide your participant with access to update, view, obtain information as well as pay for their insurance products and services online.
- Generate policy and participant level insurance documents (insurance policies, certificates of insurance, coverage summary documents, invoices etc)
- Allocate premiums, dividends and cost associated with risk pooling
- Incorporate property evaluation functionality
- Integrate with claims, accounting and data repository systems
- Provide ability to analyze and report on all available data
Solartis offers its software in a Cloud / Software as a
Service environment. This approach enables our customers to focus on policy and
participant management and not on technology. Solartis provides all the
required hardware and software, all system upgrades are performed and all
disaster recovery services are included. All you need to access Solartis is a
computer with internet access (and a printer).
Why
Should I Consider Solartis?
Solartis
Risk and Policy Manager™ is unique as it provides the following benefits:
View all your
insurance policies, risks exposures, premiums, participant contributions and
claims activity from an insurance policy or participating member perspective.
Solartis provides the best of both packaged
and custom designed software:
Packaged software – Leverage our cloud
based policy life cycle services
Custom designed software – Create the
business flow and screens on top of our policy life cycle services for all your
insurance programs
Usage-based pricing – No upfront license fees, pay for what you use
when you use it
Scalability – Use only what you require without having to worry
about availability or response time
Cloud Deployment – No software or hardware to purchase, no software applications to manage
Flexibility – Integrate with your existing systems, configure to meet your needs
How Do I
Know If I Need It?
Does your risk management team use Microsoft Excel
or Access or paper files to track and manage your insurance policies, insurable
risks and coverage information?
Do you have the
analytic capability to determine on a quarterly or annual basis how to reduce
your cost of insurance?
Do you rely on
information from your Third Party Administrator or other outsourced entities
for this information?
If you do not have
A): a single source of information on your insurable exposures that can be
dynamically updated by employees and member participants and B): you can’t
automatically output information on aggregated insurance exposures, retention
funding and cost allocations then you need Solartis Risk and Policy Manager™!
