Insurance Carrier Software Solution - pasCarrier.Net
Insurance Carrier Automation Solution
Transactions: Support for Submissions, Quotes and Quote Versions, New Business, Renewals (manual and automatic), Endorsements, Cancellations, Reinstatements, Non-Renewals, Audits, ERP and Reverse ERP.
Cancellation, Reinstatement and Non-Renewal Notices: Printing of notice(s) with the legal number of days and configurable messages.
pasCarrier.Net is a software solution that serves as an insurance carrier automation solution, enabling you to onboard new clients with submission clearance, give quick & detailed quotes, and manage insurance policies. In short, the full insurance life cycle happens within pasCarrier.Net. As with every product that Policy Administration Solutions Inc. offers, pasCarrier.Net is a real-time online solution that allows you to enter, change, pull data, and interact with all aspects of the product instantly.
With pasCarrier.Net, submission clearance and the client registration processes are fully automated. This dramatically cuts down on the time that it takes to process submission clearance requests and eliminates the need for humans to process each request manually. Utilizing AI, these processes also allow for matching based on dynamic and intelligent criteria allowing you to identify if an insured is “shopping around” their policy.
For brokers and wholesalers, when onboarding a new client in pasCarrier.Net all submission clearance requests can be entered online or provided using the existing pasCarrier.Net submission API. This is a mechanism designed to protect the agent by channeling all submissions and onboarding through the agency rather than providing them directly to the consumer. Doing this allows your agents to “shop around” for the customer but does not allow the customer to “shop around” on their own.
pasCarrier.Net fully automates the quote process from start to finish allowing potential clients to get accurate quotes that are driven by artificial intelligence and predictive analytics. In pasCarrier.Net, quotes can be offered as an indication of pricing, pending inspection or submission of a motor vehicle record, etc. This allows customers to get accurate quotes in real-time while ensuring that the information provided to the agent is correct.
With pasCarrier.Net you also can rate your client’s risk precisely, in real-time, based on data provided by the customer, the agent, and data obtained from publicly accessible databases (Facebook, LinkedIn, D&B, L/N). pasCarrier.Net does this by utilizing a robust comparative rating system, powerful expert underwriting engine, and flexible table-driven powered by AI algorithms. You also have the ability to update risk in real-time as your client’s coverage needs and lifestyle changes.