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What is Total Loss Pro?

The auto insurance industry has seen a troubling 20 percent increase in total loss claims, particularly concerning collision and liability losses. Many insurers continue to face challenges with fragmented total loss operations, leading to elevated costs, dissatisfied customers, and a lack of effective oversight. Enter Total Loss Proâ„¢ from Vemark: this cutting-edge solution aims to transform the often burdensome total loss claims process into a more efficient and adaptable system that can keep pace with rapid changes in the industry. By utilizing this platform, insurers can expedite settlements, subsequently improving policyholder satisfaction. Moreover, it enhances employee morale by alleviating the frustrations that arise from outdated processes. The platform also promotes greater visibility and transparency, enabling informed, data-driven decision-making. Given the intricate nature of total loss auto claims in contrast to standard repair claims, Total Loss Pro acts as a cloud-based tool that streamlines every phase of the complex salvage vehicle process, ultimately benefiting both insurers and their clients. Additionally, by adopting this all-encompassing solution, insurance carriers can embrace a more proactive claims management approach, ensuring a seamless experience for everyone involved while also positioning themselves for future challenges.

What is Risk Manager?

The Risk Manager software utilizes Microsoft SQL Server, which allows for the creation of customized views and queries that facilitate efficient reporting. It also accommodates ODBC-compliant applications, which means users are not dependent on ERIC Systems. The software is continuously enhanced, with regular updates being implemented to improve functionality. We adopt a simple approach to these updates by offering new versions at no additional cost as part of our standard technical support agreement. Each user is assigned specific financial limits for check and reserve transactions, meaning any amounts that exceed these limits trigger acknowledgment controls based on total payments made and total thresholds established at the enterprise level. Moreover, our development strategy for improving program features and standard reports is heavily influenced by client feedback, ensuring that the software adapts to fulfill their requirements effectively. This ongoing commitment to client engagement not only helps the Risk Manager stay relevant but also ensures it is a valuable tool in an evolving business landscape. By prioritizing user experience, we aim to provide a software solution that consistently meets the demands of its users.

Media

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

$19995.00/one-time
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Vemark

Company Location

United States

Company Website

vemark.com/totallosspro/

Company Facts

Organization Name

ERIC Systems

Date Founded

1982

Company Location

United States

Company Website

www.ericsys.com

Categories and Features

Claims Processing

Adjustor Management
Case Management
Claim Resolution Tracking
Co-Pay & Deductible Tracking
Compliance Management
Customer Management
Electronic Claims
Forms Management
Paper-Based Claims
Payor Management
Policy Administration

Categories and Features

Claims Processing

Adjustor Management
Case Management
Claim Resolution Tracking
Co-Pay & Deductible Tracking
Compliance Management
Customer Management
Electronic Claims
Forms Management
Paper-Based Claims
Payor Management
Policy Administration

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