Facturisk lets you manage and administer different types of claims including liability – (public, employer, product), motor, property, marine and aviation and financial losses - (fraud, legal expenses, business interruption). Data capture requirements and claims workflows are unique for these different types of claims and they are catered to within the Facturisk application.
Strong analytics, real-time reporting and interactive dashboards helps you discuss premium reducing strategy during client meetings by presenting under performing risk portfolio information. Find our more..
Attach and store documents in electronic format against the claim record.
Complete and comprehensive audit trail
User level and field level audit trail capability.
Built in approval process for reserve setting and payment processing.
Activity based claim processing
Claim processing is made up of activities that is performed by a group of users.
Link claim to a policy
Link or look up claims to policy to check for coverage, excesses and deductibles.
Link a claim to an incident
Link claims to an incident and to the total cost of incident.