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          Work With Claims Financials

          Work With Claims Financials

          Claims adjusters can get a quick overview of claims and related tasks, and then dive into the management of individual claims.

          • Open Coverages on a Claim
            Coverages are the financial building blocks of a claim. After a claim coverage is opened, claims adjusters can track losses, payments, and expenses for that open coverage.
          • Add Claim Loss Payments
            Claims adjusters enter payment details when they intend to issue a payment for an item or injury involved in a claim.
          • Take Action on Loss Payments
            A claims adjuster can choose from a full slate of financial actions, from initial payments, through approval processes and payment issuance, to payment cancellations.
          • Add Claim Expense Payments
            A claims adjuster can add new expense payment details to an open claim coverage.
          • Take Action on Expense Payments
            A claims adjuster can pay, edit, or delete expense payment details for a coverage.
          • Manage a Claim's Participants
            As a claims adjuster, you have access to essential information about claim participants and can complete tasks related to them.
          • Manage a Claim's Involved Items
            As a claims adjuster, you can see at a glance which of a claim's involved items relate to each claim participant. You can also complete tasks related to involved items. For example, you can associate a claim participant who's a passenger in an auto accident with the vehicle they were riding in.
          • Approve or Reject Payment Authorization Requests
            When claims adjusters process more complex and expensive claims, users authorized to approve larger amounts receive notifications of pending requests. The managers and supervisors with greater financial authority link directly to claim details and approve or reject financial transactions.
           
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