Claims - Magenta Travel Insurance System


	Magenta provides a flexible back office system for the processing of Travel Insurance certificates sold via a third party agent.

	100% Web Based

	Flexible pricing model
	Infants, Children and 7 Adult age bands
	Individuals, Couples, Families, and Single Parent Families
	Client definable Destinations
	Client definable Durations

	Different prices available for different cancellation periods

	Per policy and Per Person option handling

	Pad stock management functionality

	Production of Invoices to agents with multiple IPT ratings for different markets.

	Cash payments and reconciliation against invoices

	Data feeds to third party nominal ledgers

	Gross / Net / Commission / Net to Underwriter calculations and Premium Bordereaux

	Cancellation and Endorsement options with full tracking for credits to invoices and bordereaux

	Self-managing administration section allowing a non-technical administrator to create schemes; maintain prices and options; and manage multiple Agents

	Comprehensive reporting tool for the production of tailorable management information reports. See Magenta Reports

	Can be connected to public websites to allow agents to issue own certificates and manage their own accounts. See Magenta Connect