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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.
- Function-Rich: xyAdmin's
on-line processing allows for:
- Complete underwriting functionality including automatic generation of all necessary forms, policies, letters, requests for information and follow-up activity
- Certificate maintenance functions such as cancellations, reinstatements, refunds, adjustments and surrenders
- Premium billing, account reconciliation and delinquency processing for numerous billing options (direct, list and EFT bills as well as verification billing)
- Processing of advance premium and cash values
- Processing Flexibility: xAdmin 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.
- Extensive Batch Processing:
Large volumes of new issue, certificate maintenance and
billing transactions can be added to xyAdmin via electronic media.
- 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.
- System Integration: xyAdmin is fully integrated
with xyClaim for claims adjudication and
with Datarray for data warehousing functionality.
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