Products & Solutions
Does it take a large group of people to manage your group coverage billing? Decrease the amount of people you need to handle this task by using Premia, our Third Party Administration billing software product. Developed as a result of our close relationships with Third Party Administration firms over the past several decades, the product allows Third Party Administrators, insurance brokers and agents to effectively and easily manage their premium information for group coverage.
Premia offers all the following features, which will meet all your requirements:
Premia's flexible design makes it ideal for both small and large companies and the software can be customized to fit your company's needs. Since each company has different business rules, workflow and goals, we believe your software should reflect and address those specific needs.
- Keep centralized records for a variety of insurance products, which can be easily configured for new products.
- Control premium computation process and define available benefits through specific rate tables such as carrier, plan code, band (age brackets) and tier (family status).
- Track receipts and disbursements at three levels of detail: Product, Contract and Insured.
- Handle agent and broker records.
- Generate various reports that show you the breakdown of all groups, agent information, disbursement information and what accounts are still open.
Contact our Sales Department for more information.