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What is Verisk A-PLUS?

Verisk's A-PLUSâ„¢ Personal Lines Loss History Solutions provide insurers with customized tools that allow access to claims and loss data spanning up to seven years, enabling more accurate underwriting and rating decisions. These solutions feature flexible options, including detailed reports that adhere to the Fair Credit Reporting Act (FCRA) and the Claims Activity Profiler (CAP), which emphasizes claims activity during the quoting phase. By integrating A-PLUS into their processes, insurers can enhance the precision of initial quotes, reduce unexpected premium variations at the binding stage, and improve the overall customer journey. The system's unique algorithm ensures comprehensive claim documentation is achieved with minimal input, streamlining the underwriting process. In addition, A-PLUS offers essential features like access to over 300 million crash records, which help fill in any gaps in loss history reports, thereby providing a more complete view of an applicant's risk profile. This all-encompassing strategy not only supports improved decision-making but also cultivates stronger relationships between insurers and their clients, ultimately leading to better service and satisfaction. Such advancements in technology and data utilization are setting new standards in the insurance industry.

What is Cloud Claims?

APP Tech has been at the forefront of implementing an incident-based methodology in claims and risk management since its inception in 2003, providing advanced technological solutions to a wide array of clients throughout North America. Our integrated systems have enhanced efficiency and scalability in claims management, improved visibility, accelerated response times, reduced premium costs, and mitigated risk events for numerous customers. Cloud Claims by APP Tech stands out as an acclaimed software solution for risk management and claims processing. Designed specifically for self-insured organizations, third-party administrators, and businesses aiming to monitor their claims and losses, IMS facilitates comprehensive management of the claim lifecycle—from the initial incident report to payment processing and collections. The platform boasts a rich assortment of features that empower users with full oversight of both their claims and associated risk data, including incident and claims management, collaborative tools, detailed reporting, and insurance tracking, among many others. We take great pride in our flawless implementation success and outstanding customer retention rates, which stem from our dedication to thoroughly understanding our clients’ unique demands and delivering tailored solutions that effectively address those needs. Furthermore, our ongoing support ensures that clients maximize the benefits of our software long after implementation.

Media

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

API Availability

Has API

Pricing Information

Pricing not provided

Pricing Information

$2,500 per month
Annual subscription includes: web-based access to claims data; claims, document, and policy management; workflow automation; reporting; unlimited cloud-based data storage; and unlimited technical support. System onboarding and 4 hours of web-based training at $1000. Initial data conversion is charged on an as needed basis. Data feed integrations are also available, e.g., carriers, HR, fleet inventory, etc.
Free Trial Offered?

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Webinars
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Verisk

Date Founded

1971

Company Location

United States

Company Website

www.verisk.com/products/a-plus-personal-lines-loss-history-solutions/

Company Facts

Organization Name

APP Tech

Date Founded

2002

Company Location

Connecticut, United States

Company Website

apptechllc.com

Categories and Features

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

Incident Management

Audit Trail
Corrective Actions (CAPA)
Disaster Recovery
IT Incident Management
Incident Reporting
OSHA Compliance
Root-Cause Diagnosis
Safety Management
Task Management
Ticket Management

Insurance

Not specified

Insurance Claims Management

Claims tracking
Document management
EDI data exchange integrations
Reporting

P&C Insurance

Billing & Invoicing
Broker / Agent Portal
Claims Management
Document Management
Policy Management
Reinsurance Administration

Risk Management

Alerts/Notifications
Auditing
Compliance Management
Dashboard
IT Risk Management
Mobile Access
Operational Risk Management
Risk Assessment

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