Why Consider Solartis Administer for Insurance BPO?

As an Insurance carrier, you know there is no such thing as “business as usual”. Meeting client demands, managing mountains of paperwork, as well as staffing to grow in a changing and fluctuating business landscape – these are just a few of the struggles that our clients used to face… until they came to Solartis.

Solartis AdministerTM is an on-demand business process outsourcing service that removes the never ending struggles of employee turnover, training, and lack of available administrative resources. Solartis provides a team of insurance experts who are equipped to work with your technology and business processes. We eliminate backlogs within days without disruption to your clients. Once the backlogs are cleared:

• Submissions are routed to the appropriate underwriter within 30 minutes
• Policies are issued within 1 day
• Certificates of insurance are issued within 1 hour
• All loss runs are provided the same day

Our Customers

Our customers include Insurance Carriers, Insurance bpo services, Program Administrators, Brokers and Self-insured (RRG) Organizations. Every Solartis Customer is a Solartis reference.

Singular Focus

Solartis has a singular focus on insurance policy administrative services and activities. This has been our focus since our founding in 2004. Our 600+ employees are all dedicated to the insurance business.

Documented Business Processes

Our documented business processes, quality assurance procedures and service levels commitments have evolved overtime and are proven. Our insurance carrier, program administrator and broker customers empower us every day to process their time sensitive critical tasks and activities.

Custom Fit

Our services fit you, not the other way around. Flexible, mix and match services to support you where you need it on your system or ours. We support all commercial, personal lines and program business and are fluent in numerous processing systems and platforms.

Strategic or Stopgap

Solartis Administer can be used as a strategic or stopgap solution to help meet your short and long term processing needs.

Solartis Insure: Policy Life Cycle Services

Partner with Solartis so you can focus your resources on a digital strategy that differentiates your insurance products in the marketplace.

Leveraging Solartis policy life cycle web services in conjunction with third party content providers (like ISO ERC, Google, Oden etc) reduces the overall cost and timeline of your project and minimizes project risks as you are integrating with proven services and content instead of building them from scratch.

The Solartis Insure platform is a complete set of insurance transaction micro web services that are provided through standardized APIs in a secure, redundant, enterprise-level cloud environment. These micro web services span the entire sales and insurance life cycle policy process from initial rating and quoting to policy issuance and ongoing servicing. For an examination of each Solartis web service, read on!

The Solartis Insure Cloud Services: Supports the entire sales ad insurance policy life cycle or just the components you need.

1. Available in two delivery models: “Software as a Service” (with our User Interface) and “Platform as a Service” (with your User Interface).
2. Fully integrated with third party content providers like ISO ERC, Google and Oden to speed up time to market, guarantee accuracy and minimize implementation risks.
3. Can be utilized on all consumer devices – mobile, tablets and traditional computer browser interfaces.
4. Pricing is transaction based – no upfront license fees and you only pay for what you use.

Control Your Total Cost of Risk (TCOR)

Is Controlling Total Cost of Risk (TCOR) on Your To-Do List, but you’re not sure where to start? 

Let’s start by examining the 5 components of Total Cost of Risk. Click on each of the slices below to reveal key questions Risk Managers can answer to unlock opportunities to effectively manage risk.

• Insurance Premiums, Commissions, and Fees

• Claims and Loss Control

• Self-Insured Retention

• Internal Administration

• Outside Providers

Risk Managers are expected to calculate, benchmark and reduce Total Cost of Risk. Yet the unfortunate reality is that the data needed to effectively manage TCOR often resides in solos, or is out of reach. How can you be an effective driver in your RMIS process when you’re plagued with policy administration tasks, gathering and managing data from disparate systems and lack the critical visibility into all the components that make up your Total Cost of Risk?

Meet Solartis Risk & Policy Manager™

A unique, cloud-based RMIS system to track and manage your Insurance Policies, Coverages, Premiums and Claims, as well as your Covered Participant’s Assets, Premium Contributions and Activities

With Solartis Risk & Policy Manager™, Risk Managers can finally:

• Issue policy documents and generate reports quickly
• Easily access asset, exposure and premiums data in a single location to control TCOR
• Be proactive in identifying risk with accurate and up to date COPE data
• Use creative approaches to protect assets
• Organize and administer all insurance information and documents easily
• Allocate premium contributions accurately
• Collaborate effectively with multiple stakeholders on a single platform

Learn about Solartis Risk & Policy Manager™

in Two and a Half Minutes

The best part? Costs with Solartis are approximately 1/3 the cost of traditional RMIS. Our revolutionary pricing model rewards users for effective risk management. If TCOR goes down, you pay less!