IVANS Enhances Insurance Carrier Automobile Liability Insurance Reporting

New Task Management Capabilities Improve Required Compliancy in Automobile Liability Insurance Reporting

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| Source: IVANS Insurance Solutions

TAMPA, Fla., Aug. 28, 2014 (GLOBE NEWSWIRE) -- IVANS Insurance Solutions, a division of Applied Systems, today announced the release of IVANS ALIR Pro 2014 to increase compliancy in automobile liability insurance reporting (ALIR) and efficiency for insurance carriers nationwide. IVANS ALIR Pro 2014 streamlines automobile liability insurance reporting processes for insurance carriers through enhanced reporting capabilities, improved error management and advanced task escalation.

IVANS ALIR Pro is a comprehensive automobile liability reporting software that enables insurance carriers to more efficiently and accurately report data to state motor vehicle authorities as currently required by law in 33 states, saving carriers' time and reducing their risk of compliance issues. With IVANS ALIR Pro Hosting and IT Operations Services, carriers have the flexibility, cost savings and performance advantages of a cloud solution for IVANS ALIR Pro software.

IVANS ALIR Pro's new task management tools improve automobile liability insurance reporting for carriers through:
 

  • Enhanced reports – a new Declined Export Report and Submission Report allow carriers to account for all transactions submitted to the state, minimizing the impact of compliance
  • Improved error management – carriers can convert errors into assigned tasks within the system on one screen and view them through the task lifecycle to reduce risk and increase productivity
  • Advanced task escalation – due and overdue error corrections and verification responses are now escalated to management to help prevent non-compliance and possible penalties when missing state deadlines and requirements

To ensure maximum efficiency, IVANS ALIR Pro features a task archive process that automatically purges unopened tasks older than six months and directly notifies the user that the task has been closed.

"Accuracy in automobile liability reporting is critical for insurance companies and their policyholders, requiring carriers to leverage new technology to more effectively manage the automobile liability insurance reporting requirements of each state," said Paul Warga, vice president of Product Management, IVANS Insurance Solutions. "The latest capabilities of IVANS ALIR Pro enhance automobile liability insurance reporting, allowing companies to further meet the varying reporting requirements by state to ensure compliancy, and enable carriers to allocate their resources more efficiently to improve insured customer service."

About IVANS Insurance Solutions

IVANS Insurance Solutions, a division of Applied Systems, is the property and casualty insurance industry's partner and trusted technology leader for advanced carrier-agency information exchange. IVANS makes insurance business easier with secure information exchange, data translation and managed connectivity solutions that deliver efficiency and better customer service capabilities to carriers and independent agencies. More property and casualty insurance companies rely on the IVANS platform than any other company to create greater value from information exchanged in insurance business.

Courtney Rains
Applied Systems

(404) 807-0846