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Policy Administration
PCMS’ Atlas
system provides the rating, underwriting, and statistical
coding capabilities insurers need to maximize their
operating efficiency. For all personal and commercial
lines of business, Atlas enables your firm to manage
your policies with efficiency and profitability.
PCMS’ policy processing capabilities include:
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• Quoting,
Rating
• Statutory and compliance
maintenance
• Endorsements (including
out-of-sequence)
• Premium audit
• Electronic form storage
and retrieval
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• Internet
processing and tracking
• New business issuance
• Renewals, Rewrites, Reinstatements, Cancellations
• Versioning (historical snapshots)
• Forms printing internally/externally |
Your business requires its own unique set of rating
requirements. Every product is custom designed for the
client and then inserted into the Atlas
framework to use its inherent services (versioning,
premium accounting, receivables, billing and claims
fundamentals, suspense and web-enabled). Every product
module of the policy administration system has the ability
to rate the risk, produce statutory files/reports, administer
endorsements, manage out-of-sequence changes, and process
cancellations, reinstatements, and renewals.
With the inherent functionality of our Policy Administration
system, underwriters, MGA’s, brokers and agents
can issue/bind quotes and distribute policies in real-time
via the Internet utilizing our products and services.
Rating transactions supported by Atlas include:
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Quoting, Rating
• Underwriting
• New business
• Renewals
• Endorsements (mid-term)
• Void endorsements |
• Cancellations
• Reinstatements (gap or rescind)
• Rewrites
• Inquiries
• Out-of-sequence processing
• Audit functions |

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