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On-Line and Interactive
xyAdmin is a complete on-line,
interactive administration system whose advanced
capabilities completely support the underwriting,
policy issuance and billing functions associated
with a variety of products such as life, disability,
AD&D, unemployment, property and ordinary single
premium and modal premium products.
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Function-Rich
xyAdmin's on-line processing allows
for:
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Complete underwriting functionality including
automatic generation of all necessary forms,
policies, letters, requests for information and
follow-up activity
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Certificate maintenance functions such as
cancellations, reinstatements, refunds,
adjustments and surrenders
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Premium billing, account reconciliation and
delinquency processing for numerous billing
options (direct, list and EFT bills as well as
verification billing)
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Processing of advance premium and cash values
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Processing Flexibility
xyAdmin allows up to 7 insureds and a total of 20
coverages to be added to one certificate, all with
their own term, premium and benefit amounts.
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Extensive Batch Processing
Large volumes of new issue,
certificate maintenance and billing transactions can
be added to xyAdmin via electronic media.
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Comprehensive Reporting
In addition to the customized and ad hoc reporting
provided through Datarray, XyberNET's comprehensive
data warehousing solution, xyAdmin also provides an
array of daily, monthly, annual and on-demand
reports detailing production, accounting,
administration, actuary and reinsurance information.
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System
Integration
xyAdmin is fully integrated with
xyClaim for claims
adjudication and with Datarray for data warehousing
functionality.
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