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- On-Line
and Interactive: xyWarranty is a complete on-line, interactive
system which fully supports the administration of extended service contracts,
such as those available for vehicles, appliances and electronics.
- Function-Rich:
xyWarranty's on-line processing allows for:
- Entry of new business, cancellations, adjustments and transfers
- Maintaining detailed information on dealers, vehicles, premium rates and rating exceptions, commissions and warranty/recall notices
- Complete claims processing, including on-line inquiries, contract and coverage verification, examination of prior claims activity, proof of loss, entry of new claims and history of claims payment actions.
- Processing Flexibility: For
vehicle service contracts, xyWarranty helps insurers determine eligibility
and set rates through automatic calculations of correct premiums through
the use of R.L. POLK VIN verification. Rating is user-friendly and flexible,
allowing for rates by product line, region, brand, model number and
user-defined rating criteria.
- Extensive Batch Processing:
Batch processing is performed daily, monthly and upon user request to
support and enhance on-line processing.
- Comprehensive Reporting:
xyWarranty provides a number of detailed reports for production, administration,
claims and actuarial purposes.
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