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Point of Sale

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Overview

With Tritech’s Point of Sale (POS) System, you will get all you need to fulfill your insurance sales lifecycle with our easy to use fully automated system. Our POS solution provides new business and endorsement quoting for Automobile and Personal Property. The best part is that you can be assured that the system will be driven by your business rules, products and rates. This will allow you to maximize your sale opportunities.

Our easy to use screens deliver a comprehensive experience to both agents and underwriters.

POS provides a fully automated new business process from a draft quote to full risk quote, to collecting case-specific approvals and legal documentation for the policy from agents as well as reports from LexisNexis, Transunion and AON. Third Party data is feeding underwriting rules in quotes and endorsements.

It also offers communication workflow between the agent and underwriter.

Key Features

Created and versioned by Business Analyst

·Packages, coverages, limits and deductibles

·Rating factor tables, algorithms and steps

·Discount factor tables

·Validation tables:

oRequired fields

oRequired documents

oErrors

oUnderwriter Approvals

oUnderwriter Notifications.

Deep integration with industry-specific data providers

·Current carrier

·Driver Motor Vehicle Record

·Claims - automobile & property

·Credit score

·Vehicle score

·Vinmaster

·ZipCode

Content & Logic delivery

·Common browser content delivery with end user interface in HTML5 & jQuery

·Business logic delivery & integration through Web API interface using REST & JSON

Key Benefits

·Single entry processing for Auto, Home and other lines.

·Accurate new business and policy change quotes.

·Flexible screen-to-screen navigation, capable to continue with partly incomplete/invalid information.

·Fully automated underwriting of most policies.

Product/Service details

SOLUTION OR SERVICE TYPE
Business Intelligence & Reporting Systems, Claims Management Software - P&C / General Insurance, Digital Agent, Digital Insurer, eApplication Systems, Insurance Agent / Broker Portal, Managing General Agent (MGA) Administration Systems, Policy Administration and Servicing (PAS) Systems - P&C / General Insurance, Real-Time Decision Engine (Insurance), Underwriter Workstations - P&C / General Insurance, Workflow/BPM Systems
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