Solartis offers an attractive alternative to the RMIS and policy administration systems available in the marketplace today by combining insurance domain knowledge, insurance software experience and cloud technology expertise

On-Demand Risk and Policy Manager Software for Captive Insurance Companies, Risk Retention Groups, and Self Insured Organizations

Solartis offers an attractive alternative to the RMIS and policy administration systems available in the marketplace today by combining insurance domain knowledge, insurance software experience and cloud technology expertise.

What Is It?

Solartis Risk and Policy Manager™ is cloud-based software used to track, manage and report on all insurance policies, risks, coverages, premiums, and processing activities as well as its participants (i.e. members, subsidiaries, profit centers, business units) risks, coverages, premium contributions and insurance activities. Solartis Risk and Policy Manager enable Risk Managers too:

·         Manage and Track insurance policies and their life cycle activities

·         Provide a 360 degree view – Intelligent, context-sensitive view of participant’s information

·         Provide your participant with access to update, view, obtain information as well as pay for their insurance products and services online.

·         Generate policy and participant level insurance documents (insurance policies, certificates of insurance, coverage summary documents, invoices etc)

·         Allocate premiums, dividends and cost associated with risk pooling

·         Incorporate property evaluation functionality

·         Integrate with claims, accounting and data repository systems

·         Provide ability to analyze and report on all available data

Solartis offers its software in a Cloud / Software as a Service environment. This approach enables our customers to focus on policy and participant management and not on technology. Solartis provides all the required hardware and software, all system upgrades are performed and all disaster recovery services are included. All you need to access Solartis is a computer with internet access (and a printer).

Why Should I Consider Solartis?

Solartis Risk and Policy Manager™ is unique as it provides the following benefits:

    View all your insurance policies, risks exposures, premiums, participant contributions and claims activity from an insurance policy or participating member perspective.

    Solartis provides the best of both packaged and custom designed software:

        Packaged software – Leverage our cloud based policy life cycle services

        Custom designed software – Create the business flow and screens on top of our policy life cycle services for all your insurance programs

    Usage-based pricing – No upfront license fees, pay for what you use when you use it

    Scalability – Use only what you require without having to worry about availability or response time

    Cloud Deployment – No software or hardware to purchase, no software applications to manage

    Flexibility – Integrate with your existing systems, configure to meet your needs

How Do I Know If I Need It?

    Does your risk management team use Microsoft Excel or Access or paper files to track and manage your insurance policies, insurable risks and coverage information?

    Do you have the analytic capability to determine on a quarterly or annual basis how to reduce your cost of insurance?

    Do you rely on information from your Third Party Administrator or other outsourced entities for this information?

    If you do not have A): a single source of information on your insurable exposures that can be dynamically updated by employees and member participants and B): you can’t automatically output information on aggregated insurance exposures, retention funding and cost allocations then you need Solartis Risk and Policy Manager™!