Product Description

Ideal for:

  • Insurers looking to reduce the number of bank accounts and bank charges
  • Intermediaries looking to increase their customer service delivery through the fast tracking of claims payments

Benefits:

  • Insurers - enjoy the benefits of claims management through a fully segregated platform i.e. you only need your one bank account hosted on our Xcelerate platform, with all your Intermediaries fully segregated onto one bank account
  • Intermediaries - can process claims payments on the intuitively, sophisticated Xcelerate System and enjoy all the features and benefits the system provides for this service

Salvage deposits and First Loss Floats can also be efficiently managed in separate accounts for easy reconciliation purposes

Full transparency and controls of fund movements available for both Insurer and the Intermediary

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