The BriteCore Claims module combines claims administration and business process management (BPM) to support the end-to-end claims process. From open to close, agents and adjusters work collaboratively and efficiently within BriteCore to process FNOL, establish reserves, upload reports, issue payments, and settle claims.
- FIRST NOTICE OF LOSS: FNOL can be filed by an insured, agent, or adjuster through their respective portals. Claims can be filed against entire policies or specific coverages and are pre-populated with relevant policy and contact information.
- PROCESSING A CLAIM: From a single module, users can set reserves, issue payments, track losses, dictate notes, upload files or reports, and generate custom claim acknowledgment letters or subrogation documents.
-LOSS ACCOUNTING: BriteCore tracks and processes reserves and payments by individual coverage on each claim. Additional subdivisions for loss, adjusting expense, and legal expense provide a high level of data granularity.
- CLAIMS REPORTING: BriteCore’s claim data can be sliced or grouped by any segment to analyze risk exposure and evaluate historical performance.
- CLAIMS COMPONENTS: Carriers can customize claims components such as perils, peril groups, catastrophes, and reinsurance treaties.