Claims Administration

Stingray ties it all together in the Claims module. Easily confirm coverage, check policy status and coverage details, access contacts and policy database entries directly from the web. This flexibility creates a mobile and productive claims force working in the field with remote access via the ease of an Internet connection.

The Claims module allows for complete tracking, review, and reporting of:

Reserves
Payments
Expenses
Salvage
Subrogation
Losses by Peril and Sub-Peril
Adjuster Diary Notes
1099 Tracking
Statutory Reporting
Named Catastrophe Tracking

In addition the Stingray Claims module supports Laser Printed Checks, and includes a unique word processor option that integrates standard and custom claim letters that automatically incorporate and merge claim and policy information into the letter.

The system support business logic generated base line reserving by peril or sub peril, automatic reserve manipulation based on pre-set business rules and facilitates the ibnr process through reporting and ad hoc modeling.

The Stingray Claims module was designed to handle claims by sharing data between the policy and claims modules. When a new claim is created within the claims module the Stingray System automatically verifies coverage, coverage limits, deductibles, and aggregates based upon the date of loss.

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