Overview
PCMS Atlas is an advanced seamlessly unified platform that handles core processing for all Property & Casualty lines of business, and designed to deliver frictionless experience, increase efficiency, and help drive revenue growth. Atlas integrates the entire insurance enterprise: underwriting, policy administration, claims processing, billing and collections, reinsurance administration, and re-porting (statutory/management).
Key Features
Policy Administration
- Fully supports Personal, Commercial, Workers' Compensation and Specialty lines insurance
- Supports straight-through processing
- 360-Degree view of Policyholders
- Supports new product creation processing
- Quick Quote, New Business Issuance
- Endorsements (including mid-term, cross-term, and out-of-sequence)
- Versioning (historical snapshots)
- Premium Audit
- Short-rate and Pro-rata Cancellations
- Supports reinsurance arrangements, including quota share, excess loss, facultative, and catastrophe
Billing & Accounting
- Full Accounts Receivable (AR) and Accounts Payable (AP) management
- Supports Direct Bill, Agency Bill, Account Bill, and List Bill
- Multiple payment methods (ACH, Credit Card, Check)
- Flexible bill payment options (stated percentage monthly or quarterly, one-time annual)
- Agency/Broker accounting and Premium/Loss accounting
- Simplified Commission processing (multi-plans, automated calculations)
- Supports pay-as-you-go for workers' compensation (premium payment plan)
- Auto-Generated return-premium, write-off, invoices, revised bills, reminder notices, and more
- Full Cash receipt management and Collections
- Automated Lockbox and Check reconciliation
Claims Management
- Fully supports Personal, Commercial, Workers' Compensation and Specialty lines insurance
- Supports straight-through processing (support low-touch and no-touch claims)
- Robust out-of-the-box functionality and user centric experience (360-degree claim summary view)
- Dynamic intelligent claim intake (FNOL /FROI) processing and workload balancing
- Centralized Claim and Incident Data
- Claim Segmentation (split assignment based on coverage type)
- Reserve Worksheets (support multiple versions and sub-benefit level reserving)
- Flexible Payments (one-time, recurring, split, bundled)
- Catastrophe Management
- Supports full Recovery Management (Subro, Salvage, Second Injury Fund)
Key Benefits
- All-in-one comprehensive core insurance processing suite
- Highly scalable platform that increases performance efficiency
- Fully configurable to optimize and automate overall business operations
- Flexible API integrations that allow for accelerated connections with third-party data and service providers
- Cloud-native to enable digital transformation
- Secure access to information from anywhere in the world
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製品/サービス名 details
SOLUTION OR SERVICE TYPE
Billing Systems - P&C / General Insurance, Business Intelligence & Reporting Systems, Claims Management Software - P&C / General Insurance, Disclosure Reporting Systems, eSignatures Software, Insurance Agent / Broker Portal, Policy Administration and Servicing (PAS) Systems - P&C / General Insurance, Underwriter Workstations - P&C / General Insurance