Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
The Risk Manager software leverages Microsoft SQL Server, enabling the development of tailored views and queries for effective reporting. Additionally, it supports ODBC-compliant applications, eliminating the need for reliance on ERIC Systems. The system is perpetually being improved, with updates being rolled out on a regular basis. Our approach to delivering these updates is straightforward: we provide new versions at no extra charge as part of the standard technical support agreement. Each user login is assigned specific dollar limits for check and reserve transactions, ensuring that any amounts exceeding these limits are subject to acknowledgment controls for total amounts paid to date and total incurred thresholds set at the enterprise level. Furthermore, our strategy for enhancing program features and standard reports is driven by the feedback and suggestions of our clients, ensuring that the software evolves to meet their needs effectively. This commitment to client collaboration ensures that the Risk Manager remains relevant and useful in a changing business environment.
Description
The rise in total loss claims has reached a concerning 20 percent of all collision and liability losses within the auto insurance sector. Unfortunately, many insurance providers still struggle with disjointed total loss operations, which can result in higher expenses, unhappy customers, and limited oversight. Introducing Total Loss Pro™ from Vemark: this innovative solution is designed to turn the cumbersome total loss claims process into a streamlined and efficient system that can adapt to rapid industry changes. With this tool, you can ensure quicker settlements that enhance policyholder satisfaction. Additionally, it boosts employee morale by minimizing frustration associated with cumbersome processes. This platform also offers improved visibility and transparency, enabling data-driven decision-making. Given the complexities involved in total loss auto claims compared to standard repair claims, Total Loss Pro serves as a cloud-based solution that optimizes every stage of the intricate salvage vehicle workflow, ultimately benefiting both insurers and their clients. Moreover, by implementing this comprehensive tool, carriers can foster a more proactive approach to managing claims, ensuring a smoother experience for all parties involved.
API Access
Has API
No
API Access
Has API
No
Integrations
No details available.
Integrations
No details available.
Pricing Details
$19995.00/one-time
Free Trial
No
Free Version
No
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Deployment
Web-Based
No
On-Premises
No
iPhone App
No
iPad App
No
Android App
Yes
Windows
Yes
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
Yes
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
Yes
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
Yes
Types of Training
Training Docs
No
Webinars
No
Live Training (Online)
No
In Person
No
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
Yes
In Person
Yes
Vendor Details
Company Name
ERIC Systems
Founded
1982
Country
United States
Website
www.ericsys.com
Vendor Details
Company Name
Vemark
Country
United States
Website
vemark.com/totallosspro/
Product Features
Claims Processing
Adjustor Management
Yes
Case Management
No
Claim Resolution Tracking
Yes
Co-Pay & Deductible Tracking
Yes
Compliance Management
Yes
Customer Management
Yes
Electronic Claims
Yes
Forms Management
Yes
Paper-Based Claims
Yes
Payor Management
Yes
Policy Administration
Yes
Product Features
Claims Processing
Adjustor Management
No
Case Management
No
Claim Resolution Tracking
No
Co-Pay & Deductible Tracking
No
Compliance Management
No
Customer Management
Yes
Electronic Claims
No
Forms Management
No
Paper-Based Claims
No
Payor Management
No
Policy Administration
No