Insurance Claims Management Software Resources
Articles, Glossary Terms, Discussions, and Reports to expand your knowledge on Insurance Claims Management Software
Resource pages are designed to give you a cross-section of information we have on specific categories. You'll find articles from our experts, feature definitions, discussions from users like you, and reports from industry data.
Insurance Claims Management Software Articles
A-Z: How to Build a Safer Workplace With Risk Assessment
Running a business comes with its challenges.
In the midst of various responsibilities, being a considerate business owner involves recognizing your ethical duties, making thoughtful decisions, and ensuring compliance with the law.
by Devyani Mehta
Claim Peace of Mind: Decode the Work of Insurance Adjusters
Like the saying, "When life gives you lemons, make lemonade," we often find ways to make the best out of difficult situations.
by Devyani Mehta
What Is Insurtech? Terms, Benefits, and Definition
The sweeping arm of digital transformation has cast aside normal operating procedure and catalyzed technological innovation in the insurance industry.
by Patrick Szakiel
Insurance Suites Software Glossary Terms
Insurance Claims Management Software Discussions
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Question on: Applied Epic
What is the best way to implement Best Practices for reports on renewal and new business retention?We really need to track our new business and renewal retention and would like any help you may have on this issue!
If you forward to me your email address I can send to you the Criteria that I use for both.
Renewal Manager, is a great asset
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Question on: Applied Epic
Accounting - Does your agency reconcile direct bill commission statements??
Certainly! Please provide the text in the Unknown Language that you would like me to translate into English.
We changed to recording direct bill rather than reconciling about two years ago. It has been much more efficient for our accounting department. We have set up reports to catch any policies that don't make our statements as our check and balance.
We used to; but changed over 10 years ago to recording direct bill only. We found that the carriers make very few mistakes on commission payments. Less than our staff does when invoicing direct bill. We run a direct bill transaction report after a statement is entered to make sure the statement balances to the transactions entered.
The text is already in English.
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Question on: Applied Epic
Is there a way to add taxes and fees so that it carries over into the invoicing section??
Taxes and fees are processed as transactions to a policy. You can add custom transactions in Configure>Accounting>Transaction Codes.
You can't set a standard fee/ tax that will always carry over into an invoice if that is what you are looking for. In our system we have CTAX - Company Tax and CFEE - Company Fee that are transaction codes that we add to the transaction for those items.
It is an invoice line item as any separate charge. However, if you are referring to surplus lines tax that the AGENCY is responsible for collecting, filing and paying, you can set it up as a government tax in configuration, which is usually a percentage of the premiums and fees and then you assign the tax to the premiums and fees.
Insurance Claims Management Software Reports
Grid® Report for Insurance Claims Management
Winter 2025
G2 Report: Grid® Report
Momentum Grid® Report for Insurance Claims Management
Winter 2025
G2 Report: Momentum Grid® Report
Grid® Report for Insurance Claims Management
Fall 2024
G2 Report: Grid® Report
Momentum Grid® Report for Insurance Claims Management
Fall 2024
G2 Report: Momentum Grid® Report
Grid® Report for Insurance Claims Management
Summer 2024
G2 Report: Grid® Report
Momentum Grid® Report for Insurance Claims Management
Summer 2024
G2 Report: Momentum Grid® Report