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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.
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Function-Rich
xyWarranty's on-line processing allows for:
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Entry of new business, cancellations, adjustments and
transfers
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Maintaining detailed information on dealers, vehicles,
premium rates and rating exceptions, commissions and
warranty/recall notices
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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.
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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.
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Extensive Batch Processing
Batch processing is performed daily, monthly and upon user
request to support and enhance on-line processing.
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Comprehensive Reporting
xyWarranty provides a number of detailed reports for production,
administration, claims and actuarial purposes.
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