The Claims module contains everything you need to manage losses from open to close. Agents and adjusters work collaboratively within the Claims module to process claims efficiently. Establishing reserves, issuing payments, and uploading reports can all be performed inside Claims.
Processing a Claim
During the claim management process, users can work inside the Claims module to set reserves, issue payments, track losses, dictate notes, and upload files or reports (e.g., images, inspection report, police report) to the claims log. Users also have the option to use BriteCore’s Settings module to generate custom correspondence for items such as claim acknowledgement letters or subrogation documents.
BriteCore tracks Losses Incurred on a transaction level basis. Reserves and payments are tracked and processed by individual coverage on each claim. There are additional subdivisions for loss, adjusting expense, and legal expense, providing a high level of data granularity
The Claims module comes with a configuration feature that allows carriers to custom define claims Components such as Perils, Peril Groups, Catastrophes, a