VIA2020 Contents Software

See Contents Clearly

Electronic Claim File:
Our software includes a more efficient claims system than the traditional manual procedure. The electronic claim file can be used to view all claims that are in progress, and furthermore, the milestone events for the claim. The adjuster can also use the claim file to find policy, limitations, and contact information for the insured. Of course, the loss information can be captured using the electronic claim file.

Inventory Estimating:
Often, manual estimating procedures are inefficient. This component provides contents scope, development, and adjustment, with self-service LKQ research capabilities, adjuster flexibility options, and a carrier defined rules engine.

Losses claimed by the insured can be ported from the insured’s electronic inventory, and can be viewed with any handwritten submissions (see image below). In unison with the Content Portal, the VIA2020 software can help the adjuster to evaluate contents in any product category at any claim stage. The software can automatically calculate a settlement amount based on provided information including limitations, deductibles, taxes, and advanced payments. Using the amount the insured paid, VIA2020 can help the adjuster reach a recoverable, excess, or forfeit amount. Adjustment tools include life expectancy tables that define rates of depreciation. These are used along with adjusters input to establish an actual cash value for the contents.

Content Portal: Insurers World prides itself on having the industry’s largest and most comprehensive database of products, with over 9 million items! This database was created based on thorough research of old to new products. The efficiency of the Insurer’s World system is unsurpassed by web comparison portals. Typical web portals have proven to be too limited, and many prohibit commercial use of their sites. This database includes both specialty retail and general merchants. Single point access for replacement cost research. Multiple affiliate relationships lead to comprehensive pricing tool. Business-to-Business and Business-to-Consumer model to fulfill claims needs. Data Cube: These standard and custom report options are used to enable claims, sales, and underwriting to obtain information whenever they need. A wide range of factors can be assessed regarding claims, sales, and underwriting. Underwriting gains understanding through the segmentation of contents claim data with potential impact on coverage and rights. TYPES OF REPORTS: Claim Activity: Using milestone events and work stages. Financial Impact: can be measured in various ways such as savings or claim count. Content: Including quantity, value, and practice reports. Underwriting: Exposure and settlement trends for specific depreciation or limits