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On-Line and Interactive
xyCredit is a complete
on-line, interactive credit administration system
whose advanced capabilities completely support life,
disability, AD&D, unemployment, property and
ordinary single premium products.
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Function-Rich
xyCredit's on-line processing provides for:
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Balancing of
remittances
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Entry of new
certificates
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Completion of all
refund calculations with complete validation
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Monitoring and
maintaining agents' balances
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Recording receipts and
generating disbursement checks
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Maintaining producer
contracts, rates, commission tables, liability
limits, policy forms, experience refund
agreements and reinsurance treaties
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Processing Flexibility
xyCredit provides for the
consolidation of life, disability and P&C coverages
on one certificate by allowing up to four coverages
to be added to each certificate, each with its own
term and insurer.
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Extensive Batch Processing
Large volumes of
new issue or cancellation transactions can be added
to xyCredit 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, xyCredit 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
xyCredit is fully
integrated with
xyClaim for claims
adjudication and with Datarray for data warehousing
functionality.
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