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Estimates & Reserving
Estimation rules can be configured in the system and automatically initiated
Likely recovery times and expected claim durations can be provided via integration with industry standard medical databases such as Presley-Reed. If required, reinsurance recoveries can be calculated and reinsurers immediately advised.
An estimate of the total cost of each claim can be calculated and applied to your claims reserves. Better overall analysis of your reserves can be conducted using claims data and claims development ratios. All the claims data captured in Axelerator can be exported for further analysis.
Note: This functionality will be available in a future release of Axelerator Life Claims.
An estimate of the total cost of each claim can be calculated and applied to your claims reserves. Better overall analysis of your reserves can be conducted using claims data and claims development ratios. All the claims data captured in Axelerator can be exported for further analysis.
Note: This functionality will be available in a future release of Axelerator Life Claims.
