Policy Administration

DIS can handle your policy administration whether it's individually billed or list billed.  We have the following capabilities:

 

  • New Business Processing/Policy Issue
  • Agent Administration
  • Client Administration
  • Policy Contract Administration
  • Billing/Collection Processing
  • Application Data Capture
  • Premium Calculation
  • Premium Quotation
  • Agent Data Capture/Inquiry
  • Unlimited Agent Hierarchy Levels
  • Unlimited Writing Agent Splits
  • Commission Rate Flexibility by Agent Type, Agent Arrangement, Policy Year and Product
  • Commission Payment Processing
  • Multiple Clients Per Policy Contract
    • Insured
    • Owner
    • Beneficiary(s)
    • Premium Payor
    • Servicing Agent
    • Commissionable Agents
  • Direct Billing
    • Quarterly
    • Semi-Annual
    • Annual
    • EFT - checking or savings accounts
  • List Billing
    • Employer
    • Association
    • Household
  • Unlimited Coverage Records Per Policy
  • Coverage Records can be Added/Changed/Deleted During Duration of Policy Contract
  • Automated Notices for Contractual Changes
    • Premium Increase
    • Coverage Termination
    • Lapse Processing
    • Reinstatement Processing